Roberto Jacobs / Blog
GBP/USD Wobbles Around 1.4400 GBP/USD is alternating gains with losses on Wednesday, navigating a daily range between 1.4350 and 1.4410 for the time being...
Swift Recovery for GBP/NZD, Eyeing 2.0600 Mark Relentless rally in commodity-linked currencies had a major impact on cross-currency pair and with no exception; GBP/NZD yesterday touched its lowest level since May 2015...
GBP: What Do the Polls Really Say? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the knock back to sterling from this morning’s worse than expected UK labour market release proved to be short-lived...
EUR/USD Still Bearish Near-Term – Scotiabank Chief FX Strategist at Scotiabank Shaun Osborne has reiterated the negative outlook on the pair in the short-term. Key Quotes “EUR/USD has moved sideways overnight and remains capped in the upper 1.13s”...
EUR/JPY on Track to Extend Near-Term Recovery As recovery in equity markets and oil prices get underway, a quick turnaround in market sentiment reduced appeal for the perceived safety of the Japanese currency (JPY) against most major currencies. EUR/JPY moves back above 124...
Brent: Indicators Give Sell Signals The price of crude oil Brent has dropped since the beginning of today’s trading session. The decline was caused by the API data on the rise in oil reserves in the USA and by the news that the strike of oil workers in Kuwait has finished...
Brent: According to API Oil Reserves in the USA Have Grown According to the data presented by the American Petroleum Institute (API) oil reserves in the USA grew against last week (+3.1 million barrels against the rise of 6.2 million barrels a week earlier...
USD Downside Appears Limited – Westpac According to strategists at Westpac, the decline in the greenback could slow its pace in the next weeks...
FxWirePro: CHF/JPY Faces Strong Support at 112.80, Good to Buy at Dips Major resistance – 114 Major support – 113 The pair has made a high of 113.98 and declined from that level. It is currently trading at 113.65. Short term trend is slightly bullish as long as support 112.80 (Tenken-Sen) holds...