Roberto Jacobs / Blog
EUR/USD Hits Daily Highs After Disappointing ADP Report EUR/USD moved higher and printed fresh daily highs as the dollar weakened following the release of below expectations US employment data...
USD/CAD Eyes 1.2800 on US Data The greenback has quickly recovered the smile following disappointing ADP figures, now sending USD/CAD to post fresh session tops beyond 1.2780...
USD/CAD: Bullish Engulfing Suggests Possibility of Short Term Rebound - SocGen Research Team at Societe Generale, notes that after a steady down move USD/CAD probed their earlier advocated level of 1.25, the monthly channel limit and the 38.2% retracement from 2007 lows...
USD/JPY Turns Negative Post-ADP The greenback is now eroding its earlier gains vs. the Japanese currency, sending USD/JPY to daily lows in the 106.40 area...
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...