Roberto Jacobs / Blog
Oil Trims Losses, but Fails to Lift Equities Oil prices recovered from the daily lows despite oversupply concerns, but have failed to lift equity markets from session lows. At the time of writing, Brent oil was trading largely unchanged on the day around $40/barrel. Prices hit a low of $39...
AUD/USD Could Advance Towards 0.77-0.78 – Westpac Strategist at Westpac Sean Callow believes the Aussie dollar could extend its upside momentum to the 0.77/0.78 band. Key Quotes “Specs have helped drive AUD gains but it’s not obvious why they would stop here...
Technical Analysis of USD/CAD for March 31, 2016 General overview for 31/03/2016: The main impulsive count has been invalidated after 1.2923 was violated...
Technical Analysis of AUD/CHF for March 31, 2016 After AUD/CHF found the bottom around 0.6800, the price started to move higher and broke above the descending Fib channel. It seems that the price had a false breakout above the 161...
Gold Prices React To Greenback After Rate Hike Expectations Fades Gold prices might be feeling the impact of Federal Reserve chair Janet Yellen remarks. This is because, few days ago the prices of this precious asset started declining owing to the strengthening greenback...
Analytical Review of the Currency Pair AUD/USD Technical data of the currency pair: Previous closing: 0.7671; Daily range: 0.7635-0.7673; Opening: 0.7671...
Pound Rises As U.K. GDP Revised Up The British pound strengthened against the other major currencies in the early European session on Thursday, after data showed that the U.K. economy expanded more than previously estimated in the fourth quarter...
Eurozone Consumer Prices Fall For Second Month Eurozone consumer prices decreased for the second straight month in March, flash data from Eurostat showed Thursday. Consumer prices fell 0.1 percent in March from a year ago following a 0.2 percent drop in February...
USD/JPY Further Rangebound Expected – UOB According to the research team at UOB Group, the pair’s neutral stance remains unchanged for the time being. Key Quotes “USD/JPY spent much of Wednesday trying to claw back the losses seen in the wake of Yellen's speech...