Roberto Jacobs / Blog
EUR/USD Advances to Highs Near 1.1440 The shared currency is now gathering further traction, sending EUR/USD to the area of daily highs in the proximity of 1.1440...
FXWIREPRO: EUR/GBP Struggles at the 0.80 Handle, Focus on Uk Inflation Data EUR/GBP is extending downside from fresh 20-month highs at 0.8117 hit on April 7th. The pair is seen trading a rising channel since Jan 2016, and on the day is struggling at the 0.80 handle...
BoC Preview: Rate Unchanged - Nomura Charles St-Arnaud, Research Analyst at Nomura, suggests that the BoC is expected to maintain neutral policy stance while all eyes will be on estimate of increased fiscal spending. Key Quotes “The Bank of Canada (BoC) holds its next policy meeting on 13 April...
European Stocks Retreat in Early Trading Major European stocks are on the back foot, although strength in oil is keeping the losses moderate. At the time of writing, Stoxx 50 index was largely unchanged on the day. Mining heavy London’s FTSE index was down 0.16%. France’s CAC was down 0...
Rebounding Iron Ore Prices Support AUD Ahead of Key Employment Report - BNPP Research Team at BNP Paribas, suggests that the commodity currencies have been gradually gaining ground against the USD this week and this comes against a back drop of stable equity markets but a rebound of several key c...
India: Monetary Policy Outlook April 2016 - NAB Research Team at NAB, notes that the RBI cut the policy Repo rate by 25bps at its April meeting and also tightened the policy corridor to better align policy rates with the call rate (interbank overnight borrowing rate...
Technical Analysis of USD/CAD for April 12, 2016 General overview for 12/04/2016: Five sub-waves in wave c of wave (a) had been completed and now the market should start the corrective cycle in wave (b). The projected target level for wave (b) is the previous wave 4 zone at the level of 1.3018...
Technical Analysis of EUR/JPY for April 12, 2016 Technical outlook and chart setups: The EUR/JPY is recovering from yesterday's lows at 123.00 levels for now but the rally should be shallow before bears take control again. The pair is seen to be trading at 123...
Bullish on SEK Ahead of CPI Data – BNPP Research Team at BNP Paribas, suggests that the March inflation data remains in focus across Europe this week. Key Quotes “In Sweden we expect Tuesday’s release to show the headline y/y rate re-accelerating to 0...