Roberto Jacobs / Blog
USD/JPY Consolidates at 6-Day Highs Amid Japan Stocks Rally The USD/JPY pair clinches gains and sits near six-day highs as the yen continues to lose ground amid an extended rally in the Japanese stocks. USD/JPY finds support near 109...
Analytical Review of the Stocks of Alcoa Inc. Alcoa Inc., #AA [NYSE] Industrial goods, Aluminum, USA Financial performance of the company: Index – S&P 500; Beta – 1.14...
FxWirePro: Negative RBNZ News and Lower Oil Prices Weigh on the Kiwi, Good to Sell NZD/USD Rallies Kiwi bears retained control amid negative RBNZ news and lower oil prices...
FxWirePro: USD/SGD Hovers Around Key Resistance at 1.3628, Break Above Targets 1.3709 USD/SGD is currently trading around 1.3625 marks. It made intraday high at 1.3636 and low at 1.3493 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3628 levels...
Gold Breaches Hourly 200-SMA Support in Asia The yellow metal extends weakness into a third day today, accelerating further below the hourly 200-SMA support, amid non-existent demand for the safe-havens. Gold off lows, regains 50-DMA at 1232.60 Currently, gold drops -0.60% to trade at 1233...
SGD: MAS Returns to GFC Policy Stance - Westpac Sean Callow, Research Analyst at Westpac, notes that the Monetary Authority of Singapore (MAS) returned to the neutral stance on SGD it adopted in the wake of the Global Financial Crisis...
FxWirePro: USD/JPY Edges Lower from Fresh Weekly High at 109.55, Weakness Only Below 5-Dma at 108.65
FxWirePro: USD/JPY Edges Lower from Fresh Weekly High at 109.55, Weakness Only Below 5-Dma at 108.65 USD/JPY has scored a high of 109.54 as the greenback strong across the board. Fed speakers were optimistic and more hawkish yesterday, relieving the dollar from the post Yellen New York speech...
Oil: Expectations for Doha May be Inflated – BBH Research Team at BBH, suggests that the weekend meeting between many OPEC and non-OPEC producers has helped spur the recent gains in the price of oil and they are concerned that market may be getting ahead of itself...
Nikkei Drives Asia Higher as Yen Extends Slide The risk-on sentiment across the Asian markets intensified this Thursday, after a strong close on the Wall Street overnight and higher base metals’ prices. While unexpected easing by Singapore’s central bank also provided fresh impetus to the markets...