Roberto Jacobs / Blog
USD/JPY Back to 109.00 on Poor US Data The upside in the greenback lost some momentum following US data, with USD/JPY returning to the 109.00 neighbourhood. USD/JPY down from 109.40 The pair has faded the spike to fresh 4-day highs near 109...
EUR/USD Moves Off Lows after US Retail Sales EUR/USD moved off daily lows and trimmed intraday losses following the release of disappointing US retail sales and producer prices data. US retail sales fell 0.3% to a seasonally adjusted $446.89 billion in March, missing expectations of a 0...
US Retail Sales Unexpectedly Dropped in March Official data released in the US today showed retail sales unexpectedly dropped in March. Retails sales fell 0.3% m/m in March, compared to an expected rise of 0.1% following an upwardly revised February figure of 0.0%. Retail sales ex autos rose 0...
EUR/NZD Analysis for April 13, 2016 Recently, EUR/NZD has been moving downwards. As I had expected, the price tested the level of 1.6319 in a high volume. EUR/NZD has broken the upward channel. According to the H4 time frame, watch only for selling opportunities on rallies...
Oil in Global Economy Series: Future of Oil can be Seen in Present of Coal If I would have told you back in 2008, a company whose share price was trading at $1260, would go to zero in next eight years, you would have called me crazy, if I would have told you again in 2011 the same thing, when sha...
No Takers for Gold Amid Dollar and Equity Rally Risk-on rally in the equity markets and dollar strength is keeping investors away from Gold, owing to which prices fell to a low of $1240 ahead of the US data release...
USD/JPY Downside Appears Limited – UOB Analysts at UOB Group see the pair’s decline as limited in the near term. Key Quotes “As highlighted in recent updates, while the next significant support is much lower at 106...
EUR/USD Buy the Dip? – Westpac According to strategists at Westpac, the current dip in the pair could represent a buying opportunity. Key Quotes “EUR/USD likely handicapped at least temporarily into next week by the upcoming ECB meeting (April 21)”...
BoC and US Retail Sales in Focus - BBH Research Team at BBH, suggests that the North American session features US retail sales and PPI, the Bank of Canada meeting, and the Beige Book later in the session. Key Quotes “After yesterday’s unexpected 6...