Roberto Jacobs / Blog
USD: Managing the Risks – Rabobank Jane Foley, Research Analyst at Rabobank, notes that the dollar index has edged higher in response to yesterday’s remarks from the Fed’s Lockhart and Williams that the June FOMC meeting remains a live prospect for a rate hike...
NZD/USD Recovers to 0.6900 Handle The NZD/USD pair recovered from day's low of 0.6873 and moved back to 0.6900 as traders seems to position themselves ahead of US private sector employment report. Earlier during Asian session, the pair jumped to 0...
GBP/USD: Formation of Key Reversal Confirms 1.48 as Important Hurdle - SocGen Research Team at Societe Generale, notes that the GBP/USD witnessed a strong sell-off earlier this year and approached towards the key support levels of 1.36/1.35...
UK: On the Slide? - ING James Knightley, Senior Economist at ING, suggests that the concerns about what Brexit could mean have already hurt UK sentiment, but there is growing evidence that the broader economy is now feeling the pain...
Dollar Index: Risk of Double Top Confirmation – SocGen Research Team at Societe Generale, suggests that the Dollar Index is now at the ‘make or break level’ of 92.50/92...
FxWirePro: AUD/JPY Edges Higher from 6-Month Lows at 79.53, Bias Lower The pair is seeing a double whammy after BoJ surprised markets last week with inaction. AUD/JPY hit fresh 6-month lows at 79.53 on Tuesday's trade and has pare some losses to currently trade at 79.90 levels...
S&P500 Breaks Major Support 2050, Targets 2023/2000 Major support - 2050 Major Intraday resistance - 2070 Short term trend reversal Level- 2085 The index has broken major support 2050 and declined till 2046.6 at the time of writing. It is currently trading around 2047...
USD/CHF Could be Eyeing to Reclaim 0.9600 Mark The USD/CHF pair managed to build on Tuesday's recovery from multi-month lower levels and is now holding 0.9550 level. Although the pair has cooled off a bit from day's peak of 0.9575 it is still trading with some marginal gains...
Potential for a Test of 94-95 in DXY – Westpac In view of strategists at Westpac, the greenback – tracked by the US Dollar Index (DXY) – could squeeze higher toward the 94-95 area...