Roberto Jacobs / Blog
FxWirePro: AUD/USD Gains Some Upside Momentum But Still Bearish AUD/USD declined on Thursday after soft inflation data weighted on Australian dollar on expectation of a cut in rates by Reserve Bank of Australia...
GBP/USD Trims Most Daily Gains GBP/USD was rejected once again from the 1.4620 zone and fell back below the 1.46 mark, trimming most of its intraday gains. GBP/USD pulled back to a session low of 1...
USD/JPY Moves Off Daily Lows, Back Above 108.50 The yen lost momentum during the last hours as stocks in the US recover ground and following US GDP data. USD/JPY dropped to test daily lows but bounced to the upside, breaking above 108.45/50 (European session highs). The pair recently reached 108...
AUD/USD Retraces but Holds its Neck Above 0.7600 Level The AUD/USD pair retraced from 0.7657 and following the release of US GDP data dipped below 0.7600 handle to currently trade near 0.7610 level. Wednesday's weak Australian CPI number led to sharp fall in the AUD/USD pair, taking if below 0...
USD/CAD Unable to Clear 1.2600 Immediate Hurdle The USD/CAD pair has managed to register a minor recovery from day's through of 1.2528 but seems to face difficulty in moving back above 1.2600 handle...
Gold Trading $1250 on Weak US Dollar Weaker US Dollar helped Gold to gain momentum on Thursday, taking the yellow metal above the closely watched $1250 level...
EUR/USD Edges Lower After US GDP, Jobless Claims EUR/USD edged slightly lower but remained in positive ground for the day following a string of disappointing US data. US GDP slowed to 0.5% in the first quarter according to the advance estimate, missing expectations of 0.7% grow...
NZD Rallying as RBNZ Left Policy on Hold - BBH Research Team at BBH, notes that after the Japanese yen, the New Zealand dollar is the strongest of the majors and is up about 1.6%, having been up closer to 2% earlier as the RBNZ left policy on hold...
EUR/JPY Tumbles Below 123.00 Level The EUR/JPY pair tumbled from early morning highs of 126.47 all the way to 122.54 and has failed to register any meaningful recovery even after such steep fall...