Roberto Jacobs / Blog
BAML’s Yamada Says BOJ Intervention Possible at 105 but More Likely at 100 BAML‘s fx strategist Yamada was on the wires via Bloomberg, commenting on the likely intervention in the fx market to curb a stronger yen...
GBP/USD Turned Sideways After Volatile Wednesday GBP/USD has been restricting to a narrow range of 1.41-1.4140 post Fed minutes release after having witnessed a sharp drop to 1.40 and a v-shape recovery on Wednesday...
FXWIREPRO: EUR/USD Short-Term Bull Rally Likely Prolong After Jumping Above 23.6% Fibo and 7DMA The euro continue to drag yesterday's bullish momentum with minor gains as the pair trades at the 1.1403. For now, more bullish potential in short run is expected after bouncing above 1.1260 (i.e...
AUD/JPY Resumes Decline as Yen Picks-up Pace The AUD/JPY cross resumed its downward trajectory in Asia this Thursday, largely driven by the yen rises amid talks of fx market intervention by BOJ. AUD/JPY recovers to 83 handle The AUD/JPY pair now drops -0.43% to 83...
FXWIREPRO: EUR/JPY Downside Pauses at 61.8% Fib, Momentum Still With the Bears EUR/JPY is retreating from last week’s tops just above 128.00, and downside for now is taking a breather at 61.8% Fib at 124.41. After breaching strong trendline support at 125.26, the pair saw downside test 124...
ASX200 Breaks Major Trend Line Resistance, Jump Till 5020 Is Possible Major resistance - 4965 (Trend line joining 5101 and 5045) Major support 4850 ASX200 has broken major resistance around 4965 and jumped till 4986 at the time of writing. It is currently trading at 4962...
China’s Foreign Reserves Data: What is Coming Your Way? – ING China’s March foreign reserves data is due today and the consensus forecast is $3.196 trillion, which would be a negligible $6.3 billion decline from February...
EUR/USD Struggles to Hold Above 1.1400, ECB Minutes in Focus The bulls are seen struggling to retain 1.14 barrier over the past few hours, having faded a spike to 1.1414 post-Tokyo open. EUR/USD fails to benefit from dovish FOMC minutes Currently, EUR/USD trades almost unchanged at 1...
AUD Q1 2016 CPI Preview: Inflation Pulse Remains Low - ANZ Jo Masters, Senior Economist at ANZ, suggests that Australia’s Q1 CPI data (to be released on Wednesday 27 April) is expected to confirm that the inflation pulse remains low, reflecting weak wages growth, softer price pressures in residen...