Roberto Jacobs / Blog
USD/JPY Recovers from Session Low, Still in Red at 107.00 The USD/JPY pair attracted some buying interest near session low levels on slight improvement in the risk appetite, lifting the pair back above 107.00 handle...
AUD/USD Points to Further Gains – UOB The research team at UOB Group believes the Aussie dollar could extend its march north after breaking above the 0.7400 handle. Key Quotes “As highlighted in recent updates, 0...
USD/CHF Drops to Fresh 5-Week Lows ahead of Swiss CPI The USD/CHF pair shaved-off gains and now mires near fresh multi-week lows as a broadly lower greenback exerts downward pressure heading into the Swiss CPI report to be released post-European open. USD/CHF eyes 0...
NZD/USD Will Decline This Year, Targeting 0.65 by Q3 - Westpac Imre Speizer, Senior Market Strategist at Westpac, notes that the US dollar is under renewed selling pressure, pushing NZD/ USD higher towards 0.7050...
USD/CAD Tumbles to 1.2730, Monthly Lows The Canadian dollar is extending its rally vs. its American peer today, sending USD/CAD to fresh monthly lows in the 1.2730 area...
Market Movers for the Day – Danske Bank Research Team at Danske Bank, suggests that there are no major economic data releases due today in either the US or the euro area. Key Quotes “In the UK, production and construction data for April is due to be released...
Oil Hits Fresh 8-Month Highs on Shrinking Supplies, Nigeria Woes Oil benchmarks on both sides of Atlantic extend its winning streak into a third day today, with the bulls relentless amid US drawdown and Nigerian political tensions...
NZD/USD Challenges 0.7000 Handle as RBNZ Looms After an initial dip below 0.6950, the NZD/USD pair resumed its upside momentum and rose to 0.7000 handle ahead of the RBNZ monetary policy meeting on Thursday. On Tuesday, the pair erased Monday's losses and posted a considerable gain...
EUR/USD Flirts with Highs Near 1.1380 The greenback continues to lose ground this week, now sending EUR/USD to the upper end of the range around 1.1375/80. EUR/USD closer to 1...