Roberto Jacobs / Blog
FxWirePro: NZD/JPY Sees Strong Downside Bias, Good to Sell Rallies NZD/JPY price action breaks below daily cloud and bias is strongly to the downside. The pair has broken strong trendline support at 75.70 on Thursday's trade...
FxWirePro: Spot Gold Rises 1 Pct to 7-Week High of $1,280 on Weaker Dollar, Intraday Bias Remains Bullish XAU/USD is currently trading around $1274 mark. It made intraday high at $1280 and low at $1264 levels. Intraday bias remains bullish till the time pair holds immediate support at $1262 marks...
USD/JPY: How Far Will Flying On One Engine Get You? - Credit Agricole USD/JPY dropped sharply in response to the BoJ’s policy inaction in April. The outcome eroded the market’s belief that the BoJ will be easing anytime soon, if at all, and may argue for further JPY appreciation...
Intra-day Market Moving News and Views (USD/JPY) USD/JPY - ...... Although dlr stabilized in o/n New York after falling the most in 5-year from 111.88 (Asia) to as low as 108.88 due to surprised BoJ's unchanged monetary policy decision, price had fallen again after meeting renewed selling at 108...
JPY: All-Japan Core Inflation Rate Lower than Consensus – Nomura Research Team at Nomura, notes that in March the all-Japan core CPI (general index excluding fresh food) fell 0.3% y-y, below the consensus of -0.2% (Bloomberg survey median) and down from 0.0% in February...
NZD: RBNZ Kept Cards Close to the Chest – ANZ Research Team at ANZ, notes that the OCR was maintained at 2.25% by RBNZ and a clear easing bias was retained (“further policy easing may be required”...
US: Q1 GDP Disappoints but Household Details Show Promise – Nomura Research Team at Nomura, notes that the Bureau of Economic Analysis (BEA) reported that US real GDP grew by 0.5% q-o-q in Q1 2016, slightly below expectations (Nomura and Consensus: +0.7...
GBPUSD: Threatening Further Upside Short Term GBPUSD: Having GBPUSD taken back its losses to close higher on Tuesday, further bullishness is envisaged. On the downside, support lies at the 1.4550 level where a break will turn attention to the 1.4500 level. Further down, support lies at the 1...
GBP/USD Flirting with 1.4650, Highest Since Jan 6th Once Above... GBP/USD has been on a steady rise in Asia hours, with bulls currently threatening with the prospects of a break through 1...