Roberto Jacobs / Blog
NZD/USD Tracks Aussie Lower Post-CPI Debacle The selling interest around the NZD picked-up pace after its OZ neighbour, the Aussie collapsed following the release of awful CPI report. NZD/USD stalled a 2-day recovery Currently, the NZD/USD pair trades 0.30% lower at 0...
Gold Reverses a Spike to $ 1247, FOMC in Focus The bulls took a breather from its overnight rally in mid-Asia, sending gold slightly lower from fresh three-day highs, despite a broadly subdued greenback. FOMC statement in focus Currently, gold trades modestly flat at 1243...
AUD: First Disinflationary CPI Headline Print in Seven Years - Westpac Research Team at Westpac, notes that the Australia’s core measures, which are seasonally adjusted and exclude extreme moves, rose 0.2% compared to the market’s expectation of 0.5% rise, Westpac was slightly higher at 0.6...
World Bank Raises 2016 Oil Price Forecast The World Bank raised its forecast for crude oil prices by about 11% on late Tuesday, citing expectations of reduction in the oversupplies...
USD/JPY: Yen Gains Amid Cautious Trades Ahead of FOMC, BOJ The Japanese currency reversed a minor portion of yesterday’s losses and edged higher against its US rival in the Asian trades, with market now awaiting fresh incentives from the Fed and BOJ policy outcomes...
Asian Stocks Trade Mixed Ahead of Fed Verdict The stocks on the Asian bourses remains on the back foot and trade mixed this Wednesday, as traders turn cautious heading towards the key FOMC policy decision...
FxWirePro: AUD/USD Slips Below 0.77 Handle on Dismal CPI Data, Test of 0.7525 Likely AUD/USD dived around 100-pips in a knee-jerk reaction to dismal Australian CPI report. Data released earlier today showed Australia’s Q1 headline CPI figures came in at -0.2% q/q versus +0.2% expected and +0...
FxWirePro: ASX200 Faces Strong Support Around 5200, Good to Buy at Dips Major resistance - 5300 Major Support - 5200 (7 day EMA) ASX200 has recovered after making a low of 5207 yesterday. It is currently trading at 5270. Short term trend is slightly bullish as long as support 5200 holds...
AUD/NZD: Bears Relentless on Horrid Aus CPI, 1.11 Eyed The Australian dollar was smashed by its OZ neighbour following the release of extremely poor Australian CPI numbers, which shocked markets big time. AUD/NZD plunges more than 100-pips The AUD/NZD pair now sinks -0...