Roberto Jacobs / Blog
USD/JPY: First Time Below 110.00 Since Oct 2014 - Westpac Analysts at Westpac explained that the USD/JPY remained heavy amid equity weakness, the yen showing its safe haven status once again. Key Quotes: "The pair slipped from 110.50 to a low of 109...
USD/JPY Bulls Making a Stand on the 110 Handle USD/JPY is making a slight recovery in the Tokyo opening hour, up to challenge the 100 sma on the 15min time frame in a continuation of early Asia's bid...
Yen Strength Continues in Asia, BOJ Watching FX Following a relatively positive start of trading in Tokyo, which saw USD/JPY edge higher towards 110.50, renewed selling pressure in the Nikkei 225, now down by 0.35%, has seen buying flows returning into the Japanese Yen...
China: Caixin services PMI upbeat in March Chinese data continues to improve, with today's Caixin services PMI coming at 52.2 vs 51.2 last, while China's services PMI composite was 51.3 vs prior 49.4. Commenting on the China General Services PMI™ data, Dr...
AUD/USD Rebounds to 0.7560 on Upbeat China Services The Australian dollar caught a fresh bid-wave against its US counterpart following the release of the Chinese services PMI report, driving AUD/USD back to daily tops. AUD/USD extends recovery above 0.7550 Currently, the AUD/USD pair gains 0...
CAD to Outperform Antipodeans - Deutsche Analysts at Deutsche Bank explained that the valuation differentials across the dollar bloc are at all-time highs. Key Quotes: "The Antipodes are 15% too expensive on PPP while CAD is 5% too cheap...
Analytical Review of the Stocks of McDonald`s Corp. McDonald`s Corp., #MCD [NYSE] Services, Restaurants, USA Financial performance of the company: Index – DJIA, S&P 500...
FX Outlook: JPY Targets 110.00, Stalls at the Initial Test, but Pressure Continues All eyes were on the JPY pairs today, led by USD sales down towards the March lows, breaking below here and 110.50 to put in a test on 110.00...
Daily Analysis of Major Pairs for April 5, 2016 EUR/USD: Once EUR/USD tested the resistance line at 1.1400, it became difficult for the price to go above that line. Bulls have been battering that defense line since last week...