Roberto Jacobs / Blog
USD/CAD: Weakness Has Further to Go - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the weakness in USD/CAD has further to go, a potentially higher March CPI this week thanks to stronger energy prices may well be a catalyst...
Guide to Today's Important Data and Events Few economic dockets scheduled for today and all with low to medium risks associated. Data Released so far – Japan – Corporate service prices up 0.2% y/y in February. Upcoming –...
FxWirePro: Indian Rupee Hits Fresh 2-Week Low Against US Dollar, Good to Buy on Dips USD/INR is currently trading at 66.70 marks. It made intraday high at 66.71 and low at 66.65 levels. Intraday bias remains bullish till the time pair holds key support at 66.47 marks. A daily close below 66...
FxWirePro: NZD/USD Holds Minor Support at 0.6835, Good to Short Breaks Below NZD/USD has broken strong trendline support at 0.6835 on Friday's trade and is currently trading at 0.6858. The pair is extending declines after upside was capped by channel top at 0...
Brazil: Now what? – Commerzbank Analyst, Peter Kinsella at Commerzbank, suggests that the last week’s vote in Brazil’s lower house of Congress starts the impeachment process in earnest. Key Quotes “Investors can expect a Temer led administration by early May...
US: FOMC and Q1GDP are Key Highlights – Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the US data pace picks up notably this week, the FOMC and the first estimate on Q1 GDP due (Thu) the key highlights...
FxWirePro: Gold Range Bound in Asian Hours, Remains Well supported Above $1230 XAU/USD is currently trading around $1233 mark. It made intraday high at $1234 and low at $1229 levels. Intraday bias remains bullish till the time pair holds immediate support at $1227 marks...
FxWirePro: USD/JPY subdued on Profit Taking, Finds Strong Support at 111.04 USD/JPY remains subdued in early Asian session as markets resort to profit taking at highs. The major broke above strong resistance at 109.90 and took out 110.40 to hit highs of 111.88...
Asian Markets Start the New Week on a Lower Note, Gold Above $1230 All the major Asian indices are trading on a lower note on Monday. This week will be important as three central banks will announce monetary policy statements named RBNZ, Federal Reserve and Bank of Japan...