Roberto Jacobs / Blog
Oil Price Forecasts Raised for the 1st time in 10 months – Reuters poll The latest Reuters poll result showed that the economists and oil analysts raised the average oil price forecasts for 2016 for the first time in 10 months, although with a cautious tone...
Oil Eases in Asia, Brent Flirts with $ 40 Oil benchmarks on both sides of Atlantic resumed their broader downtrend after a brief stint to the upside seen on Thursday, as a stronger US dollar weighed on the black gold...
AUD/USD Finds Fresh Bids at 0.7650, Re-takes 0.7700? The selling pressure behind the AUD gained further traction over the last hour, sending AUD/USD lower to the half-way point on 76 handle, before the bulls were rescued by China data...
USD/JPY Smashed on Risk-off, but Stays Above 112 The USD/JPY pair is seen reversing a brief dip just ahead of 112 barrier amid widespread risk-aversion into markets as the Asian stocks tumble in sync with oil...
AUD/JPY Under Pressure, Risk-off Weighs Charles St-Arnaud, Research Analyst at Nomura, suggests that a recovery in the manufacturing sector and in most sectors has pushed the Canadian growth higher. Key Quotes “Monthly GDP increased by 0...
FXWIREPRO: AUD/USD Breaks Strong Trendline Support, Good to Go Short AUD/USD was dragged down by risk-aversion in early Asian session, the pair slipped from day's highs at 0.77 to hit lows of 0.7647...
Australian Dollar Falls Against Most Majors The Australian dollar weakened against most major currencies in the Asian session on Friday. The Australian dollar fell to 85.78 against the yen, from yesterday's closing value of 86.17. Against the euro and the U.S. dollar, the aussie dropped to 1...
Asian Stocks in Red Ahead of Non Farm Job Results, Gold Finds Support Around $1230 All the major Asian markets are trading in red as market await NFP job results. In addition, Gold remains supported around $1230 mark...
EURUSD Daily Forecast: April 01 2016 EURUSD Forecast The EURUSD continued its bullish momentum yesterday topped at 1.1411. The bias remains bullish in nearest term testing 1.1450 – 1.1500 region which remains a good place to sell. Immediate support is seen around 1.1365...