Roberto Jacobs / Blog
US: ISM Nonmanufacturing Index to Rise Only Marginally - TDS Millan Mulraine, Deputy Head US Macro Strategy at TDS, suggests that the US economic growth momentum has slowed, and while the headwinds to the manufacturing sector appear to have abated the fallout in the service sector should continue...
EUR/JPY – Sell Off Continues, Eyes 125.00 Handle JPY bulls are in no mood to relax amid fresh oil-driven risk-off in the equities and are now eyeing psychological level of 125.00 in the EUR/JPY cross...
AUD/USD Door Open for Further Downside – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the relevance of the key support at 0.7477. Key Quotes “AUD/USD held sideways and has started to erode the accelerated uptrend at...
AUD/JPY Attacks 83 Handle, at Fresh Monthly Lows The AUD/JPY cross extends its bearish run into a fourth day this Tuesday, with the bears relentless on the back of persistent risk-off market profile. AUD/JPY tests 83.00 The AUD/JPY pair now drops -1.80% to 83...
US Dollar keeps Highs Near 94.80 The greenback, tracked by the US Dollar Index, has recovered the smile on Tuesday and is managing well to keep the trade in the upper end of the range near 94.80...
EUR/USD Trims Daily Losses after US Trade Data EUR/USD edged slightly higher and continued to move off daily lows following the release of disappointing US trade data. US trade deficit widened in February by 2.6% to a 6-month high of 47.06 billion, from 45...
GBP/USD Tests 50% Fibo Support Cable managed to cut through bids around 1.42 and fell to 1.4175 (50% of 1.3835-1.4515) levels as traders continue to ignore slight improvement in the UK services PMI report...
Can WTI End Its Biggest Consecutive Daily Decline Since 2009? North American benchmark, West Texas Intermediate (WTI) is up today and trying to end its biggest consecutive daily decline since 2009...
FXWIREPRO: Kiwis Dairy Industry Likely to Struggle General business sentiment in New Zealand dropped from +13% in December to -1% in March...