Roberto Jacobs / Blog
ECB May Mind Stronger Euro Less As Global Economy Slows European Central Bank (ECB) chief Mario Draghi, first verbally started attacking Euro, back in 2014, when Euro was going strong, Euro Zone economy was weak and inflation was low, by suggesting despite Euro not being a direct policy tool but...
Weaker Dollar Commodity Producers Nightmare Weaker Dollar is and likely to increase commodities producing countries’ as well as their respective central banks’ headaches by shrinking their policy options...
EUR/USD Treading Water Around 1.1350, Fed Minutes Eyed The bears take a breather from their downward momentum, allowing the EUR/USD pair to consolidate the heavy losses, as market inch closer towards the FOMC minutes due later in the US session...
CBRT: Door Open for Further Easing? – Rabobank Strategist at Rabobank Piotr Matys sees the possibility that the CBRT could loose further its monetary conditions in the medium term horizon...
EUR/JPY Finds Support Near 125.00 The softer tone in the euro plus increasing demand for the Japanese currency is dragging EUR/JPY to the 125.20 area on Wednesday...
Global Macro Overview for 06/04/2016 (Crude Oil) The American Petroleum Institute reported yesterday a decrease in the US oil inventories by the level of -4300K. This number was way below the market expectations of 2900K, which would be another increase from 2600K a week ago...
FXWIREPRO: USD/INR Bounces Above 7DMA, But Finds Resistance at 21DMA - INR Hedging Ideas for Fx Risks Technical glimpse: The breakdown in USD/INR continues with a renewed trending bias. The break out above of the resistance 66...
US Oil Breaks Major Trendline Resistance, Jump Till $38.55/$39.30 Is Possible Major resistance - $36.40 (trend line joining $39.82 and $39.01) Major support - $36 (55 day EMA) US Oil has broken major resistance $36.40 and jumped till $37.05 at the time of writing...
German Bunds Slump on Firm Economic Data, Rising Oil Prices The German 10-year bond tumbled on Wednesday amid strong Markit retail sales PMI figure and better than expected industrial production data. The benchmark 10-year bonds yield, which is inversely proportional to bond price rose 6...