Roberto Jacobs / Blog
EUR/USD Consolidates Above 1.1300 The euro reached a fresh daily high against the US dollar during the American session at 1.1331, the strongest level since last Wednesday. Afterwards it pulled back modestly but remained above 1.1300...
Lower US Supply to Underpin Oil price Despite Talks Failure LONDON — The failure by oil-rich nations to agree to freeze production weighed on crude prices Monday. But analysts say oil is likely to rise in the longer-term as many companies, particularly in the U.S., scale back output...
Here's the Problem with this Earnings Season There's a problem with earnings this season: stocks are trading at the high end of their trading range and are also expensive...
Doha Failure Exposes Hedge Funds That Were Betting on Oil Freeze (Bloomberg) -- Hedge funds really wanted the Doha oil summit to work. Money managers kept wagers on rising prices near a nine-month high in the days leading up to Sunday’s meeting of oil producers...
EUR/USD: Comfortable Around 1.13 Handle - Scotiabank Analysts at Scotiabank noted that EUR/USD looks relatively stable around the 1.13 line but the EUR traded poorly overall last week, losing ground against every G10 counterpart apart from the CHF...
FxWirePro: Gold Dips Towards Lower Range But Bias Remains Bullish The yellow metal traded higher on Monday, as dollar declined slightly and European shares dipped following no deal between oil producers to cut oil output which sent oil prices down...
USD/JPY: Capped at 100 Hr SMA on Strong Recovery USD/JPY has rallied as markets recover and some after the Doha event that failed to find a concord between oil ministers in OPEC and non-OPEC nations meeting over the weekend...
AUD/USD's Huge Daily Reversal to Fresh 2016 Highs AUD/USD has followed suit of the recovery in oil and has closed and exceeded the bearish opening gap. Moreover, the price has rallied to fresh highs for 2016, scoring 07760 and up +0.40% on the session and from lows of 0.7631...
USD/CHF Breaks Short-Term Range and Falls Toward 0.9620 USD/CHF started the week moving within the range of the previous days, between 0.9650 and 0.9680. Initially, it rose to test the upper limit but then, a decline of the US dollar across the board pushed the pair to the downside...