Roberto Jacobs / Blog
Germany: Lost in Stagnation - ING Carsten Brzeski, Chief Economist at ING, suggests that disappointing new orders add to latest evidence that the German industry is currently caught in stagnation...
USD/CAD Looking to Stabilize Around 1.3130 The Canadian dollar is recovering part of yesterday’s sell off vs. its American neighbor, now taking USD/CAD to the 1.3135/30 band. USD/CAD eyes on oil, PMI The pair is coming down from yesterday’s multi-day peaks above the 1...
FXWIREPRO: NZD/CAD Faces Strong Resistance Around 0.9020, Good to Sell on Rallies Major resistance 0.9020 Major support -0.8850 The pair has recovered till 0.89699 after making a low of 0.8877. It is currently trading around 0.89455. Short term trend is weak as long as resistance 0.9020 holds...
GBP/USD Remains on Back Foot After Tuesday’s Sell-Off GBP/USD is struggling to regain poise following Tuesday’s sell-off that saw the currency pair tumbled more than 100-pips. Trades below 23.6% Fibo Cable is having a tough time moving back above 1.4165 (23.6% of 1.5230-1.3835) levels...
FXWIREPRO: AUD/JPY Sees Strong Support at 83.07 (cloud Top), Further Weakness Only on Breaks Below Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-on-track-for-83-levels-stay-short-189331) has achieved all targets. The pair hit lows of 82...
FXWIREPRO: USD/JPY Edges Higher from Fresh Multi-Month Lows at 109.95 USD/JPY hit fresh multi-month lows at 109.94, it was seen below the 110 mark in Oct 2014, when the BoJ surprised markets with extra easing measures...
EUR/GBP Surrenders Gains, Back to 0.8030 After hitting fresh cycle highs around 0.8050 on Tuesday, EUR/GBP has retraced part of the up move and is now hovering over the 0.8030 area. EUR/GBP focus on risk trends The European cross has managed to clinch highs in the mid-0...
Commodities: Major Role in the FX Arena - FXStreet Ross Burland, Editor and Analyst at FXStreet.com, explains the major role of commodities in the FX space...
Eurozone: Unemployment Continues to Decline, but Price Pressures Missing - ING Bert Colijn, Senior Economist at ING, suggests that Eurozone’s inflation last week, turned out to have remained in negative territory at -0.1% in March, while the unemployment rate showed another decline in February...