Roberto Jacobs / Blog
USD/JPY Eyes Support in the Mid-106.00s – UOB The research team at UOB Group indicated the next relevant support is located in the mid-106.00s. Key Quotes “The next significant support for USD is much further down at 106.50”...
GBP/USD Remains at the Mercy of GBP/JPY Cross Yen remains at the center stage of the FX markets; guiding other majors like GBP/USD via action in the GBP/JPY cross. Cable backs off from daily highs The spot now trades around 1.4220 after having clocked a high of 1.4227 levels...
UK Economy Slowing? - Investec Research Team at Investec, notes that on Friday data for the UK manufacturing sector printed a poor result for February, with month-on-month growth of -1.1% (consensus -0.2%, Investec +0.2...
USD/CHF Climbs to 0.9570, Session Highs A mild bias towards the risk-on sentiment is now pushing USD/CHF to test the area of daily peaks near 0.9570. USD/CHF focus on Fed meeting After bottoming out in fresh YTD lows in the 0...
Special Focus: Fed's Emergency Meeting Today Watch out for FED’s emergency meeting tonight, which was suddenly and unexpected called to last week and will take place today in Washington at 11:30 am local time or 3:30 pm GMT. FOMC officials are likely to discuss on FED’s discount rates...
FXWIREPRO: AUD/USD Whipsaws on DMA's, Leading Oscillators Noise With Overbought Pressures and Selling Momentum AUD/USD is struggling to break resistance at 0...
FXWIREPRO: Reasons for Safeguarding Aussie Export Payables, a Glimpse on the AUD/USD Hedging Drivers
FXWIREPRO: Reasons for Safeguarding Aussie Export Payables, a Glimpse on the AUD/USD Hedging Drivers Over the longer-term, we expect AU growth to remain subpar and AUD to drift lower. But, there have been a few key things to watch out in H2 of 2016...
FXWIREPRO: South African Rand Gains 1 Percent Against US Dollar, Good to Sell on Rallies Pair is currently trading at 14.81 marks. It made intraday high at 14.98 and low at 14.75 levels. Intraday bias remains bearish till the time pair holds key resistance level at 15.05 levels...
Gold Trims Gains as Stocks Rise Gold continued to surrender gains, now trading around $1247 levels as stock markets in Europe erased early gains to trade higher. Offered at $1254.32 Prices turned lower from a three-week high of $1254...