Roberto Jacobs / Blog
The CAD that Could...Can’t Anymore - TDS Mazen Issa, Senior FX Strategist at TDS, suggests that not too long ago, they advocated that USD/CAD upside was beginning to look more attractive and cautioned, however, that patience would be required amidst a very complex backdrop in FX...
EUR Finds Support from Cyclical Growth Improvement – ANZ Brian Martin, Research Analyst at ANZ, suggests that the 0.6% q/q rise in Eurozone’s Q1 real GDP has raised expectations that ECB stimulus may finally be raising the pace of growth...
EUR/USD Turns Negative Near 1.1480 Amid Light Trading The EUR/USD pair gradually extends to the downside during the mid-Asian trades, moving slightly away from 1.15 barrier, as sentiment remains mixed in Asia amid negative equities and a broadly muted US dollar. EUR/USD capped below 1...
Asian Markets Continue to Trade Lower, Gold Hovers Around $1280 Major Asian indices are trading on a lower note on Thursday after US reported lower than expected ADP job data. US ADP employment change fell to 156,000 m/m vs 194,000 jobs m/m previous release...
FxWirePro: Aussie Buoyed by Upbeat Data Flow, AUD/USD Edges Higher from 38.2% Fib Support Aussie spiked after the Australian macro releases outpaced expectations. Australia's March retail sales came at 0.4% m/m vs 0...
FxWirePro: USD/SGD Fails to Break Key Resistance at 1.3628, Good to Sell on Rallies USD/SGD is currently trading around 1.3558 marks. It made intraday high at 1.3594 and low at 1.3553 levels. Intraday bias remains bearish till the time pair holds initial resistance level at 1.3628...
Forex Preview: Canada's Jobs Report (Apr) How y’all doing, forex friends? Canada will be releasing its jobs report this Friday (May 6, 12:30 pm GMT), so if you’re looking to grab some quick pips from Loonie pairs before calling it a week, then this event is your best bet...
USD/JPY Deflates from 107.20 Amid Negative Equities The USD/JPY pair fades a spike from daily tops and now reverts to 107 handle, as subdued trading on the Asian equities provides respite to the JPY bulls somewhat. USD/JPY well above 5-DMA at 106...
FxWirePro: Aussie Gains Against Major Peers on the Back of Higher Than expected Retail Sales Data AUD/NZD is trading around 1.0872 marks. Pair made intraday high at 1.0875 and low at 1.0827 marks. Today Australia released retails sales data with positive numbers at 0.4% m/m vs 0...