Roberto Jacobs / Blog
BoE Recognized Economy Lost Momentum - BBH According to analysts from Brown Brother Harriman (BBH), the Bank of England (BoE), recognized today that the economy has lost some momentum and that uncertainty about the Brexit referendum may already by taking an economic toll...
EUR/USD Upside Losing Conviction and Range-Bound - BTMU Analysts at Bank of Tokyo Mitsubishi explained that the euro’s attempt to break higher against the US dollar following the more dovish policy signal form the Fed has failed in the near-term...
USD/JPY Hits Fresh Lows Under 109.00 and Rebounds USD/JPY turned to the downside despite some US dollar strength in the market. During the American session broke below 109.00 (previous daily low) and dropped to 108.89, hitting a fresh low. Afterwards, it rebounded, rising back above 109.00...
GBP/USD in Consolidation Mode Around 1.4150 GBP/USD has steadied within a narrow range over the last hours after recovering from 4-day lows struck during the European session. Cable bottomed out at 1.4089 but managed to regain the 1...
FxWirePro: Gold Retreats from Daily High, Outlook Bearish Gold prices retreated in US session on Thursday as dollar continued to strengthen across the board as the greenback held onto gains after its biggest one day rally in over a month...
S&P500: Short-Term Correction is Possible This week, the index S&P500 has again reached annual highs, regaining the losses incurred since the beginning of this year. The index has almost approached the highs of December 2015 at the level of 2108...
S&P500: Positive Dynamics Continues Dynamics of the global stock exchanges has supported expectations of the positive outcome of the upcoming meeting of Big 20 and a meeting of the large oil producing countries in Doha...
AUD/USD Reaches Fresh 2016 Highs The Australian dollar stretched to fresh 2016 highs at the beginning of the New York session as the greenback weakened slightly following US CPI soft figures. AUD/USD reached its highest level since June 2015 at 0...
WTI Off Highs, Back Below $42.00 The barrel of West Texas Intermediate has now resumed its daily decline after failing to sustain another break above the $42.00 mark. WTI down from $42.40 Crude oil prices have managed to clinch fresh 2016 highs in the $42...