Roberto Jacobs / Blog
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...
GBP/USD Scope to Test 1.4330 – UOB The door is still open for a test of the 1.4330 area in GBP/USD, according to the research team at UOB Group. Key Quotes “While GBP moved above the 1.4550 resistance last Friday, it was unable to hold on to its gains”...
AUD/USD Turns Flat, Consolidating Around 100-DMA The AUD/USD pair erased majority of early Asian session losses to 0.7315 level and turned flat as the greenback seems to add on to its Friday's sharp downfall...
RBA Seen ‘On Hold’ Tomorrow – TDS Strategists at TD Securities expect the RBA to keeps its monetary policy unchanged at its meeting tomorrow, at 1.75%. Key Quotes “We expect the RBA to hold at 1.75% after hawkish May Minutes and a string of decent data”...
GBP/USD Advances to Highs Near 1.4450 The sterling has left the area of session lows near 1.4350 and is now lifting GBP/USD aback above the 1.4400 handle. GBP/USD bounces off 1.4350 Spot has regained over a cent since earlier lows in the mid-1.4300s, managing to retake the 1...
EUR/USD Testing Highs Near 1.1360 on EMU Data The recovery in the EUR/USD pair stalled near 1.1365 region over the last hour, and the major now consolidates in a narrow range, finding support from upbeat Eurozone datasets. EUR/USD struggling to regain 1.1370 Currently, EUR/USD trades -0...
USD/CAD Reversing Early Gains, Dips Back Below 1.2950 After falling to 50-day SMA last Friday, the USD/CAD pair attempted a bounce back to 1.2983 before retracing back to currently trade below the mid-point of 1.2900-1.3000 handle. The pair on Friday nose-dived to 1...