Roberto Jacobs / Blog
EUR/JPY Remains Vulnerable Near 1-Month Lows EUR/JPY fell sharply on Thursday as the yen regained strength on safe-haven demand while the euro was underperforming across the board...
USD/JPY: Intervention Unlikely, Unless… - ING According to James Smith Economist and Viraj Patel, Foreign Exchange Strategist at ING, intervention from the Finance Minister and the Bank of Japan is unlikely unless USD/JPY drops sharply to the 100 - 105 area...
USD/JPY Unstoppable, Extends Decline to 107.65 The yen continues to rise across the board and hit a new 17-month high versus the US dollar. USD/JPY turned to the downside after the beginning of the American session and recently broke below previous lows. It bottomed at 107...
EUR/USD Back to Square One EUR/USD found support at the 200-hour SMA and managed to trim some of its intraday losses and is back headed toward the 1.1400 area. EUR/USD slipped from a fresh 2016 high of 1.1453 to a daily low of 1...
EUR/USD: Dollar to Remain on the Defensive - BTMU Analysts from The Bank of Tokyo-Mitsubishi UFJ, point out that the near-term bias in EUR/USD is bullish and expect it to trade between 1.1200 and 1.1500 during the week ahead...
AUD/USD: Technical Condition of AUD Deteriorating - BBH Analysts from Brown Brother Harriman, explain that the AUD/USD could have topped and consider that the technical outlook favors the downside...
US Initial Jobless Claims Drop More Than Expected Last Week The labor department data released today in the US showed the first time jobless applications fell more than expected last week, indicating the labor market continues to strengthen despite headwinds...
EUR/USD Hovers Below 1.1400 After US Jobless Claims Data EUR/USD remained steady below 1.1400 after the release of US initial jobless claims data which fell by 9K in the week ended Apr 1. EUR/USD had pulled back from fresh 2016 highs and is back below the 1...
Cautiousness Prevails Around GBP/USD – Scotiabank Chief FX Strategist at Scotiabank Shaun Osborne remains cautious on the outlook for Cable...