Roberto Jacobs / Blog
Brent: In Anticipation of the Meeting in Doha In anticipation of the outcome of the meeting of the leading oil producing countries in Doha this weekend, volatility in the oil market has been high in the last two days. The price of crude oil Brent is in the narrow range of 43.80 USD per barrel...
USD/CAD Nears 1.29 as Oil Drops Offered tone around CAD gathered pace, pushing USD/CAD near 1.29 handle as oil prices dropped on caution ahead of producer’s meeting to be held over the weekend. Output freeze unlikely to help CAD...
EUR/USD Firmer, 1.13 on Sight? The common currency is now picking up pace vs. the greenback, lifting EUR/USD to print daily highs near 1.1290...
NZD/USD Further Gains Seen Above 0.6965/70 – UOB According to analysts at UOB Group, the Kiwi dollar could extend he upside after a surpass of the 0.6965/70 band. Key Quotes “As highlighted yesterday, only a clear move above the 0.6965/70 resistance would indicate the start of a bullish phase”...
FxWirePro: NZD/JPY Recovers Most of Previous Week's Losses, Stays capped Below Daily Cloud NZD/JPY extends gains on the day, erasing most of Thursday's losses. Renewed risk-on wave in the markets on positive data supporting the higher-yielding currencies...
NZD/USD Jumps 1% on Profit-Taking, Upbeat China Data The NZD/USD pair extends its recovery mode into the European session, with the bulls unstoppable taking the prices beyond 0.69 handle. NZD/USD: Thursday’s slide reversed Currently, the NZD/USD pair jumps 1.10% to fresh two-day highs of 0...
G20: No Currency Accord to Weaken the US Dollar - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the gathering of finance ministers and central bankers in Washington over the weekend will take place...
USD/JPY Drops to Lows Near 109.00 The greenback is now losing the grip vs. the Japanese currency, dragging USD/JPY to test lows in the 109.00 area...
USD/JPY Shifted to Neutral Near Term – UOB The research team at UOB Group sees USD/JPY trading in a consolidative pattern in the next 1-3 weeks. Key Quotes “The break above 109.60 earlier indicates that the bearish phase that started in the middle of last week has ended”...