Roberto Jacobs / Blog
Gold Regains Poise, Hits Fresh 4-Week Highs Above $ 1260 Gold bulls regained control over the last hours and drove the prices to the highest levels since mid-March, as the US dollar ran through fresh offers and fell to fresh multi-month lows against its major rivals...
EUR/GBP Slumps to Lows Near 0.7980 The now stronger tone around the sterling is dragging EUR/GBP to test session lows in the 0.7985/80 band...
EUR/USD Fades a Spike to 1.1465, Back to Square One The EUR/USD pair trims gains and now slips back below the mid-point of 1.14 handle, having failed to sustain at fresh 2016 highs. EUR/USD hits fresh 2016 highs, then retreats Currently, EUR/USD trades 0.16% higher at 1...
Watch Out for Key Commentaries to Assess Intervention Risk in Yen One of the biggest risks facing Yen is the risk of intervention from Bank of Japan (BOJ), which even if fades in medium term, may lead to heavy loss in the near term...
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...