Roberto Jacobs / Blog
GBP/USD Hovers Around 38.2% Fibo GBP/USD pair is hovering just below 1.4154 (38.2% of 1.4669-1.3835) after having recovered from the low of 1.4133 levels. Rejected at hourly 200-MA Spot made repeated failed attempts to take out hourly 200-MA throughout European and US session yesterday...
EUR/GBP Within Range After Chinese Data EUR/GBP is looking to consolidate the weekly drop from highs above the 0.8100 handle to the current area of 0.7955/50. EUR/GBP supported near 0...
FxWirePro: USD/SGD Hovers Around Key Resistance at 1.3628, Retail Sales Data Eye USD/SGD is currently trading around 1.3617 marks. It made intraday high at 1.3657 and low at 1.3611 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3628 levels...
Oil Trades Cautious in Asia, Doha Meeting Eyed Oil benchmarks on both sides of Atlantic steadied in the Asian trades, unable to find a clear direction as traders remain on the side-lines awaiting the outcome from weekend’s Qatar meeting...
Riksbank Preview: No Further Easing – Goldman Sachs Lasse Holboell Nielsen, Research Analyst at Goldman Sachs, suggests that they expect the Riksbank to leave its repo rate unchanged next week at -0.50% and also expect the Riksbank to leave its target purchases n of government bonds at SEK200bn...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today, only few with high risks associated. Data released so far – China – Retail sales increased 10.5% y/y in March. Industrial production for February up 6.8% y/y. urban investment YTD increased by 10...
FxWirePro: AUD/JPY Edges Lower from Session Highs at 84.77, Further Upside AUD/JPY hit fresh nine-day highs of 84.77, and there is scope for test of 85 levels. Upside in the pair gathered significant pace after release of RBA’s Financial Stability Review (FSR...
Asian Markets Mix Ahead of G20 and IMF Meetings, Gold Hovers Around $1230 All the major Asian indices are trading on a mix note after china released GDP data with flat numbers at 6.7% q/q while industrial production increases sharply to 6.8% m/m vs 5.4% m/m...
EUR/USD Consolidating the Downside, Around 1.1260 The EUR/USD pair is seen moving back and forth in a 20-pips tight range in the Asian trades so far, keeping range near fresh two-week lows reached the day earlier. EUR/USD downside capped by 1.1250 Currently, EUR/USD trades modestly flat at 1...