Roberto Jacobs / Blog
EUR/USD Keeps the Bullish Stance – UOB According to analysts at UOB Group, the pair’s perspective is still biased toward the bullish side in the next 1-3 weeks. Key Quotes “While the stop-loss for our bullish view at 1...
EUR/GBP Breaks Through 0.7900 Support Yet another weak UK PMI reading failed to boost the EUR/GBP pair, which has now dropped below 0.7900 support to currently trade at day's low level of 0.7885...
GBP/USD Drops Further Post-PMI The British pound is now rapidly depreciating vs. the dollar, pushing GBP/USD to fresh lows in the 1.4470 area. GBP/USD weaker on poor PMI Spot met further downside pressure after the key UK’s Services PMI has missed expectations during April, coming in at 52.3 vs...
UK Services PMI Hits the Lowest Levels Since Feb 2013 The services sector business activity in the UK deteriorated in April, marking a weak start to the second quarter and dropping to the lowest levels since February 2013...
EUR/USD Sinks to Lows Near 1.1440 The single currency is now losing the grip vs. its American peer on Thursday, sending EUR/USD to daily lows in the mid-1.1400s...
GBP/JPY Continues to Flirt with 155.00 Handle Ahead of UK PMI The GBP/JPY pair continues to hover around 155.00 important level just ahead of UK services PMI, awaiting for a break-out in order to confirm its near-term direction...
EUR/JPY: Upside Capped Near 123.10, Awaits Fresh Impetus The EUR/JPY cross failed to sustain above 123 handle yet again and met fresh supply, now sliding to fresh session lows ahead of 5-DMA located at 122.58. EUR/JPY drops on broad euro strength The EUR/JPY pair now drops -0...
German Bunds Slide As Canadian Wildfire Threatens Crude Oil Output The German bunds plunged on Thursday as investors cooled on safe-haven assets amid gains in riskier assets including stocks and oil. The yield on the benchmark 10-year bonds, which moves inversely to its price rose 1bps to 0...