Roberto Jacobs / Blog
Gold Ignores Fed Rate Hike Talk, Stays on Front Foot Risk-off in Asia and the resulting safe haven demand overshadowed hawkish talk from Fed officials and kept Gold well bid heading into Europe...
USD/JPY Slumps to Fresh 2016 Lows at 110.60 The USD/JPY pair keeps falling in the early European trades, and now breaches the yearly lows reached at 110.65 last month...
Japanese Long-Term Bonds fall on Strong Labour Cash Earnings Report The Japanese long-term bonds slumped on Tuesday after strong labor cash earnings report, which reduces the probability of further BOJ easing in the near term...
FXWIREPRO: AUD/USD Fades RBA Induced Spike, Slips Below 0.76 Handle AUD/USD saw a 40-pips knee-jerk spike on RBA’s status-quo, hitting session highs at 0.7630. But bears quickly drag the pair lower. The major below 0.76 handle again, currently trading at 0.7589...
FXWIREPRO: USD/JPY Breaks Out Demand Zone at 111, Oscillators Lead Bearish Swings - Stay Short on Rallies Break-out below major supports at 111 levels (lower BB, Avrg. of recent lows) signals more scope for downside to targets upto 109.698 or 108.029 levels...
USD/JPY Initial Test Comes at 109.90 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees spot facing support around 109.90. Key Quotes “USD/JPY remained under pressure and is heading to the 110.67 recent low – there is scope for the 109...
EUR/USD Drops Further to 1.1380 on German Data, PMIs Eyed The EUR/USD pair is seen extending its retreat from ahead of 1.14 barrier into early Europe, and now hovers near session lows, awaiting fresh incentives from the EMU data releases. EUR/USD remains below 1.1400 Currently, EUR/USD trades -0...
GBP/USD Rejected at 50-DMA, Drops Below Hourly 200-MA GBP/USD was rejected at 50-DMA level of 1.4278 in Asia following bears strengthened their hold and pushed it below 1-hr 200-MA located at 1.4254 levels. Trades below hourly 50-MA The spot also sits below its hourly 50-MA level of 1.4249...
USD/CAD Keeps Highs Near 1.3100 After climbing as highs as 1.3110 in overnight trading, USD/CAD has surrendered some pips and has returned to the 1.3100 region for the time being...