Roberto Jacobs / Blog
GBP/JPY Eyeing 155.00 After UK CPI Data GBP/JPY is now eyeing 155.00 handle as a faster-than-expected rise in UK CPI strengthened the bid tone around Sterling. Trades at 3-day high At 154.90, the cross is trading at its three-day high. The bid tone improved around 154.22 (23.6% of 162.58-154...
USD/JPY: Risks Remain to the Downside – Danske Bank Arne Rasmussen, Chief Analyst at Danske Bank, sees the possibility that the pair could grind lower...
FXWIREPRO: Swedish Crown Hits Fresh Four-Week High of 9.2079 Crowns Per Euro After Better-Than-expected Inflation Data EUR/SEK is currently trading around 9.2248 levels. It made intraday high at 9.2630 and low at 9.2079 levels. Today Sweden released CPI data with positive numbers at 0.5% m/m vs 0...
Iraq Calls in Support for Freeze Deal Just five days ahead of much anticipated oil producers’ meeting in Doha, which will gather oil chiefs from Saudi Arabia to Russia, Iraq has extended its support for the deal...
EUR/JPY Could Visit 120.00 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the cross could slip towards the 120.00 area. Key Quotes “EUR/JPY is stabilising just ahead of the 122.08 March low, we would allow for an overshoot to 120...
EUR/USD Now Targets 1.1495 – UOB Analysts at UOB Group see the pair facing strong resistance in the vicinity of the 1.15 handle. Key Quotes “There is not much to add as EUR traded quietly yesterday and closed almost unchanged for the day”...
UK CPI Beats Estimates UK Office for National Statistics data released today showed cost of living as measured by consumer price index (CPI) rose faster than expected due to sharp rise in transportation cost. CPI came-in at 0.4% m/m and 0.5% y/y, both above the estimated figure of 0.3% and 0...
EUR/GBP Drops Below 0.80 as UK CPI Beats Estimates EUR/GBP surrendered gains to print a session low of 0.7998 after the UK data showed inflation rose at a faster than expected rate in March. Trades below hourly 200-MA The cross turned lower from 0...
GBP/USD Through 1.43 on UK CPI The sterling continues its march north on Tuesday, now sending GBP/USD through the 1.4300 barrier, or daily highs...