Roberto Jacobs / Blog
FXWIREPRO: EUR/GBP Upside Pauses Just Shy of 0.7946 (2016 Highs), Momentum Higher The euro extended gains versus the pound, hit high at 0.7944, just two pips below 0.7946 (2016 highs). The pair extends gains above 0.7900 in the wake of the euro area flash inflation figures released on Thursday...
Australian Bonds Slump on Firm U.S Data The Australian 10-year bond tumbled on Friday, tracking U.S. trends after strong economic data from U.S...
USD/CAD Flirts with Highs Near 1.3050 The greenback is posting moderate gains vs. its Canadian neighbor on Friday, taking USD/CAD to the area of daily highs near 1.3050. USD/CAD focus on Payrolls After bottoming out in fresh multi-month lows in the mid-1...
US Non-Farm Payrolls Likely Increased 220,000 in March – Danske Bank Research Team at Danske Bank, estimates that the US non-farm payrolls increased 220,000 in March, slightly above the current consensus of 210,000...
FXWIREPRO: NZD/CAD Faces Strong Resistance Around 0.9060, Good to Sell on Rallies Major resistance 0.9060 Major support -0.8920 (resistance turned into support) The pair has recovered after making a low of 0.8927. It is currently trading around 0.89914...
EUR/GBP Edging Higher, 0.7950 Next Target? EUR/GBP keeps its upside intact during the second half of the week, trading at shouting distance from the 0.7950 area, or earlier 1-year peaks...
There is No Basis for Continued Depreciation of the Yuan - Xinhua Xinhua News Agency reporting comments from China’s foreign ministry on the Yuan and country’s fiscal policy...
Chinese PMI Suite Hints at More of the Same GDP Growth - TDS Annette Beacher, Chief Asia-Pac Macro Strategist at TD Securities, suggests that the PMI prints are really only as useful as their predictive power, and for China they remain frustratingly unreliable...
GBP/USD Supported by 23.6% Fibo ahead of UK data Risk-off in Asia weighed over GBP/USD but failed to push it through support at 1.4330 (23.6% of 1.5930-1.3835) levels...