Roberto Jacobs / Blog
EUR/JPY Ends a 6-Day Rally, Near 127.60 The cross took a breather from its six-day rally and eased in the Asian on Friday, mainly driven by a strengthening yen across the board amid risk-off market profile. EUR/JPY off lows, regains 127.50 and beyond The EUR/JPY pair trades -0.36% lower at 127...
FXWIREPRO: Malaysian Ringgit Erases Previous Gain Against US Dollar, Good to Buy on Dips Pair is currently trading around 3.9033 marks. It made intraday high at 3.9058 and low at 3.8818 levels. Intraday bias remains bullish till the time pair holds key support at 3.8720...
FXWIREPRO: AUD/JPY Weak on Risk-Off, Slips Below Strong Trendline Support, Good to Sell Rallies AUD/JPY under heavy selling pressure in Asia, dented by risk-off across markets. Selling in the Nikkei 225 which was down over 3%, (adding pressure on Yen crosses). The pair printed a day low of 85...
Yen Rises Against Majors The Japanese yen strengthened against the other major currencies in the Asian session on Friday. The yen rose to a 4-day high of 160.64 against the pound and a 2-day high of 112.06 against the U.S. dollar, from yesterday's closing quotes of 161.60 and 112.55, respectively...
NZD/USD Struggles to Extend Beyond 0.6900 The NZD/USD pair is extending its struggle with 0.69 handle into late-Asian/ early European trades, as the auspicious China PMI reports failed to provide a lift to the sentiment around the bird. NZD/USD recovers from 0...
RBA on Hold; Unchanged Rhetoric on AUD – Westpac Bill Evans, Chief Economist at Westpac, suggests that the Australia’s Reserve Bank Board meets next week on April 5 and they expect that the Board will decide to hold rates steady...
USD: Evidence of FX Reserves Rebalancing – Nomura Research Team at Nomura, suggests that the FX reserves rebalancing may explain some of the weakness in USD...
EUR/USD Looking for a Retest of 1.1400 Amid Risk-Aversion The overnight corrective slide in EUR/USD found some support near 1.1365 region, with the prices now making fresh attempts to conquer 1.14 handle once again...
AUD: Flying too High? – Westpac Robert Rennie, Research Analyst at Westpac, suggests that after rising about 5% against the US dollar over the past month, the Aussie will surely be a hotter topic at the RBA Board’s meeting on Tuesday than it has been for quite some time...