Roberto Jacobs / Blog
USD/CHF Ends 7-Day Losing Streak, Bounces to 0.9570 The bulls were offered much-needed respite from the broad based US dollar rebound, lifting the USD/CHF pair from multi-month troughs. USD/CHF heading towards 0.9600? Currently, the USD/CHF pair trades +0.24% higher at 0...
GBP/USD Back on the Bids Near 1.4550, UK PMI Eyed The GBP/USD pair brought a pause to its yesterday’s slide, now attempting a tepid-bounce towards daily highs as the US dollar recedes gains against its major rivals. GBP/USD: UK construction PMI in focus The GBP/USD pair trades +0.06% higher at 1...
JPY: Fiscal Stimulus in Focus – Nomura Yujiro Goto, Research Analyst at Nomura, notes that the USD/JPY continues to trade weakly, while Japan has its long holiday...
FxWirePro: USD/INR Opens Higher at 66.62, India's Service PMI Data in Focus USD/INR opened at 66.62 marks vs 66.52 previous close. Intraday bias remains bearish till the time pair holds key resistance at 66.75 marks. A daily close below 66.48 will take the parity down around key supports at 66...
FxWirePro: NZD/USD Shrugs-Off Upbeat Jobs Data, Slips Below 0.69 Handle, Good to Sell Rallies NZD/USD reversed early spike on the back of upbeat NZ jobs data, and has slipped below the 0.79 handle...
EUR/USD Bears in Control, Targets 1.1450 Ahead of PMIs The selling pressure around the EUR/USD pair intensifies in a relatively quiet Asian session, with the greenback extending its rebound against its major peers amid resurgence of Fed rate hike talks...
Australia: Uncontroversial Budget with Few Risks to AAA Rating - Nomura Research Team at Nomura, suggests that the Australian budget looks likely to have little impact on macro and market prospects over the coming year or two...
FxWirePro: USD/JPY Bounces Off Strong Trendline Support, Back Above 107 Handle USD/JPY is extending recovery above 107 handle after hitting fresh 18-month lows at 105.54 on Tuesday's trade...
Asian Markets in Red As PBOC Devalued Yuan, Gold Back Below $1290 All the major Asian indices are trading on a lower note on Wednesday as PBOC set the Yuan reference rate at 6.4943 on Wednesday compared with 6.4565 a day earlier, showing a currency devaluation of around 0...