Roberto Jacobs / Blog
USD Weakness has Likely Overshot in the Near-term – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the US dollar has continued to rebound in the Asian trading after the dollar index hit its lowest level yesterday since January of last year...
USD Reversal Supported by the Comments from Fed Officials – Deutsche Bank Research Team at Deutsche Bank, suggests that some attributed yesterday’s reversal in the US Dollar off the lows to the comments from Fed officials yesterday...
AUD/USD Slides Further, Drops to Seven Week Low The AUD/USD pair built on to its Tuesday's sharp fall and erased its Asian session recovery to currently trade near day's low of 0.7460. On Tuesday, RBA unexpectedly lowered its key benchmark interest rates by 25bps to a new record low of 1.75...
USD/CAD Pushes Higher, Near 1.2780 The buying interest around the greenback remains unabated for the second session in a row, now sending USD/CAD to post daily highs near 1.2780...
FxWirePro Short Term Outlook: another 800 Pips Drop in Pound Likely Against Yen Since Bank of Japan (BOJ) decided to stay hold in its April meeting Yen has strengthened about 800 pips against Pound, however our calculation matrix suggests that run may not be over and Pound may drop another 800 pi...
Technical Analysis of USD/CAD for May 4, 2016 General overview for 04/05/2016: As it had been anticipated, yesterday the market made one more marginal wave down and then strongly rebounded to the upside in impulsive fashion...
Daily Analysis of Major Pairs for May 4, 2016 EUR/USD: This currency trading instrument hit the resistance line at 1.1600, and then get corrected lower. However, the Bullish Confirmation Pattern is valid in the market, providing that the price does not go below the support lines at 1.1400 and 1...
European Bonds Slump on Profit Booking, Likely to Gain on Weak Risk Appetite The European bonds slumped on Wednesday as investors booked profit after snapping 2-day rally driven by weak crude oil and global growth concern...
FTSE110 Struggles to Break Above 6200, Targets 6065/6005 Major resistance - 6200 (200 day MA) FTSE100 slightly recovered till 6211 yesterday after making a low of 6158...