Roberto Jacobs / Blog
USD/JPY Limited Downside? – Rabobank Senior FX Strategist at Rabobank Jane Foley, has hinted at the likeliness that JPY could have less room to extend...
US Dollar Weaker, Unable to Regain 95.00 The greenback, tracked by the US Dollar Index, is snapping a 3-day positive streak today, returning to levels below the 95.00 mark...
USD/JPY Keeps 111.00 on Poor US Docket USD/JPY remained apathetic after poor results from today’s US calendar, keeping the trade around the 111.00 neighbourhood. USD/JPY supported near 110.80 The pair has managed to rebound from earlier troughs near 110...
EUR/USD Steady After US New Home Sales EUR/USD remained little changed near session highs, following the release of disappointing March new home sales data for the US. New home sales dropped 1.5% to 511,000 pace in March, missing by far expectations of a 1.0% increase...
FxWirePro: Gold Steadies from Daily Lows, Outlook Bullish Gold inched up from Friday’s lows on Monday, as retreat in dollar helped the commodity recover some ground. The yellow metal has bounced from $1230 up to trade at $1239 in the US session...
GBP/USD Still Faces Resistance at 1.4500/20 – BBH In opinion of analysts at BBH, Cable’s upside could find strong resistance in the 1.4500/20 band. Key Quotes “Sterling is flirting with a down trendline drawn off the early-February high and March highs”. “It was near $1.4410 before the weekend...
Gold Retreats From Highs, Below $1,240 The ounce troy of the precious metal keeps the area of daily highs near $1,240 on Monday following a continuous selling mood around the US dollar...
EUR/USD Holds Onto Daily Gains EUR/USD hovers near session highs as the dollar maintains the soft tone at the beginning of the New York session...
FxWirePro: Bears Resume Again As EUR/CHF Approaches 1.1015 and Range bounded Trend Back in Action Both on daily and weekly plotting, after two weeks of upswings bulls have now taken a halt as price touches at 1.1015 levels...