Roberto Jacobs / Blog
Gold Hovers Around 50-DMA Gold hit a session low of $1208.91 following the release of a better-than-expected US ISM manufacturing PMI, before trimming losses to trade around $1212.51 levels. Weekly gains erased At $1213 levels, weekly gains in the metal stand erased...
US Dollar Bid Around 95.00 Post Data The greenback, measured by the US Dollar Index, has reverted the initial negative tone and is now trading in daily highs around 95.00 the figure. US Dollar firmer post-US releases After a brief test of lows near 94...
EUR/USD Extends Losses on Upbeat US ISM Manufacturing Print A rebound in the US ISM manufacturing PMI to expansion territory has pushed EUR/USD to a fresh session low of 1.1342 (Mar 17 high...
GBP/USD Breaks Below 1.4200 The selling pressure around the sterling is not giving up today, now dragging GBP/USD below the 1.4200 handle, or session lows. GBP/USD in 4-day lows Spot is retreating further today, rapidly breaking below the 1...
EUR/USD Advances Further Around 1.1420 The common currency keeps its buoyant march intact today, now lifting EUR/USD to fresh 2016 highs in the 1.1420/25 band...
EUR/USD Trade Idea Major resistance -1.4375 The pair has made a high of 1.4117 and slightly retreated from that level. It is currently trading around 1.13802. Short term trend is slightly weak as long as resistance 1.14375 holds...
March Non-Farm Payroll Preview Today NFP report is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics...
US Non-Farm Payrolls Preview: What to Expect of EUR/USD? US March non-farm payrolls figure is due for release today. Markets expect the data to show the economy added 205K jobs compared to 242K additions seen in February. The unemployment rate is seen unchanged at 4...
Nonfarm Payrolls: Who Cares? A new month starts and with it we get a new US Nonfarm Payroll report. The US economy is expected to have added 205K new jobs in March, the unemployment rate is expected to remain steady at 4.9%, while wages are expected to pick up after the decline seen in February...