Roberto Jacobs / Blog
Canadian Bonds Mixed on Weak Building Permits, Rallying Crude The Canadian government bonds were trading mixed Thursday after reading weaker than expected April building permits and rallying crude oil prices...
US Stocks Open with Modest Gain Major US equity indices on Thursday opened trading on a positive note, taking cues from higher crude oil prices. In early trade, Dow Jones Industrial Average opened 0.2% higher at 17,690, while S&P 500 advance 0.2% to 2,055...
AUD/USD Struggling to Consolidate Above 0.7500 AUD/USD is staging a modest recovery on Thursday, with the Aussie among the best performers at the beginning of the New York session, helped by better-than-expected domestic data. AUD/USD has moved off lows at the 0...
FxWirePro: Cable Oscillates in Topsy-Turvy Trend, Break Below 1.4462 to Resume Bears Business in Action We had explicitly made a mention in the below statement, now see what has happened: “Breaks resistance at 1...
FxWirePro: AUD/JPY Major Support at 79.60, Weakness Only on Breaks Below AUD/JPY has been trading a falling channel on the weekly charts. Major support is seen around 76.50 to 79.60 zone. Breaks below could see test of 77.60 level. Further weakness could see test of channel base at 75 levels...
EUR/GBP Eying 50-Day SMA to Extend Support The EUR/GBP pair extended its slide during pre-opening session in the US, hitting fresh sessions low of 0.7878...
USD/JPY Keeps Gains Aabove 107.00 on US Data The greenback is clinging to its daily gains vs. its Japanese counterpart today, with USD/JPY navigating the low-107.00s following US releases...
What is Correlating in FX? - Nomura Research Team at Nomura, suggests that after scanning 2,000 cross-market correlations, they find that nominal rate differentials have started to assert themselves...
US Jobless Claims Rose for a Second Week US initial jobless claims climbed 17,000 to 274,000 in the week ended Apr 29, the Labor Department said Thursday...