Roberto Jacobs / Blog
GBP/USD Drops Back Below 1.4400 Handle, Still Holding 1.4350 Support The GBP/USD pair is witnessing a volatile session as the pair during Monday opening trade dropped to 1.4352 before staging a sharp recovery to 1.4463 and has now dropped back below 1.4400 handle...
Anticipation of Fed Policy is Shaping the Investment Climate - BBH Research Team at BBH, suggests that through the first part of the year, the swinging pendulum of expectations for the trajectory of Fed policy has been a major driver in the foreign exchange market...
USD/JPY Decline Could Extend to 106.00 – UOB According to the research team at UOB Group, USD/JPY’s downside could test the 106.00 area. Key Quotes “The weak US nonfarm payrolls print last Friday sent the USD/JPY even further lower to the 106-levels...
GBP/JPY Recovers Sharply but Turns Volatile to Trade Flat Near 154.00 The GBP/JPY pair staged a sharp recovery from a 7-week low level of 152.95, touched during earlier Asian session, and jumped to 154.90 before turning volatile and retracing back to currently trade flat around 154.00...
GBP/JPY Faces Resistance at 155.15, Break Above Targets 157.20/158 Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close above 155...
FTSE Leads European Stocks Advance, Miners – Top Gainers The European stocks opened a fresh trading week on a positive note, now extending initial gains largely on the back of strong gains seen in the resource and mining stocks...
US Dollar Holding on to 94.00 Ahead of Yellen The US Dollar Index, which tracks the greenback vs. its main rivals, has eased earlier gains and is now back around the 94.00 handle...
GBP/USD Forecast: Downward Risk Increase as the Referendum Looms The GBP/USD pair started the week gapping lower, erasing all of its Friday's gains and reaching a fresh three-week low of 1...
USD/JPY Recovers Further to Test 107.30 Amid Positive Equities The USD/JPY pair regained lost momentum and extended its recovery above 107 handle, now hovering in close proximity to session highs as the European stocks trade higher. USD/JPY heading towards 5-DMA at 107...