Roberto Jacobs / Blog
AUD/NZD: Inflation in Australia has Declined Today, following the release of the inflation data in Australia for Q1, which was below the forecast, the AUD sharply fell on the currency market. It became known that consumer price index (CPI in Q1 fell to -0.2% against the forecast of +0.3...
NZD/USD: Important Level of 0.6860 In April the pair NZD/USD has traded between the levels of 0.7050 (ЕМА200 on the monthly chart) and 0.6790 (ЕМА200 on the daily chart). A middle line is the level of 0.6860 (Fibonacci 23.6% to the global decline in the pair from the level of 0...
NZD/USD: Interest Rate Decision by RCNZ will be Known Today Majority of economists believe that RBNZ will leave interest rate unchanged at the level of 2.25%. Today, at 23:00 (GMT+2) will announce its interest rate decision...
What the Bank of Japan Can Do - BBH According to analysts from Brown Brother Harriman, the Bank of Japan could cut the deposit rate further into negative territory and/or increase the assets it is currently buying or it could offer new types of credits...
FOMC Preview: What to Expect of EUR/USD? The Federal Open Market Committee (FOMC) will announce its monetary policy decision when it concludes its two-day meeting at 18:00 GMT and it is broadly expected to keep rates unchanged at 0.25-0.50...
USD/CAD Jumps to 1.2650 as Crude Oil Reverses USD/CAD erased losses in a few minutes boosted by a decline in crude oil prices and rose back above 1.2650. CAD weakens The loonie turned lower across the board after crude oil prices tumbles following inventory data...
Low Inflation, on Its Own, Not a Trigger for RBA Rate Cut Data released earlier today showed Australia’s Q1 headline CPI figures came in at -0.2% q/q versus +0.2% expected and +0.4% previous. The trimmed mean CPI stood at +0.2% versus +0.5% expected and against +0.6% last...
FxWirePro: GBP/USD Maintains Bullish Bias With Focus on 1.4650 Levels The GBP/USD pair inched higher in the European session after British GDP data printed positive figures. But, the pair turned back after failing to break resistance level 1...
FxWirePro: Cable's Break-Out of Resistance at 1.4573 Questionable for Sustenance Breaks resistance at 1.4573 levels but could not sustain the rallies. So, can this be another opportunity for shorts in GBPUSD? Breaks resistance at 1...