Roberto Jacobs / Blog
Japan: More Expanded QE to Come - NAB John Sharma, CFA, Macro Economist – Sovereign Risk at National Bank of Australia argued that, overall, the picture is of a Japanese economy struggling to generate any momentum. Key Quotes: "Japanese GDP declined by -0...
NZD/USD Drops Sharply From 3-Month High on Profit-Taking The NZD/USD pair reversed early gains and turns in the negative territory during the mid-Asian session, mainly driven by a fresh bout of profit-taking. NZD/USD fails once again near 0.6900 Currently, the NZD/USD pair trades -0...
USD/JPY Tracks Nikkei Lower, Revisits 112.40 The JPY bulls appear to tighten their grip once again in mid-Asia, sending USD/JPY back towards daily lows as the Japanese stocks extend to the downside...
FXWIREPRO: USD/KRW Falls to 1153, a Break Below Targets 1142 USD/KRW is currently trading around 1153 levels. It made intraday high at 1155 and low at 1153 levels. Intraday bias remains neutral for the moment. A daily close below 1153 will tests key supports at 1142/1129 marks respectively...
ASX200 Faces Major Resistance at 5080, Good to Sell on Rallies Major resistance - 5078 (support turned into resistance) ASX200 has slightly recovered after making a low of 4974. It is currently trading at 5018. Short term trend is slightly weak as long as resistance 5080 holds...
FXWIREPRO: Nikkei225 Consolidates Between Narrow Range, Good to Buy at Dips Major resistance - 17300 The index is consolidating between 16650 and 17161 for the past five trading session.It is currently trading around 17007.Short term trend is bullish as long as support 16500 holds...
FXWIREPRO: Gold Rebounds from the One-Month Low After Dovish Speech by Fed Chair Yellen XAU/USD is currently trading around $1235 mark. It made intraday high at $1242 and low at $1236 levels...
FXWIREPRO: AUD/NZD Hovers Around Key Support at 1.1128, Good to Buy on Dips AUD/NZD is trading around 1.1129 marks. Pair made intraday high at 1.1141 and low at 1.1105 marks. Intraday bias remains bullish till the time pair holds initial support level at 1.1105 levels. A daily close below 1...
Japan Industrial Output Tumbles 6.2% In February Industrial production in Japan fell a seasonally adjusted 6.2 percent on month in February, the Ministry of Economy, Trade and Industry said in Wednesday's preliminary reading - marking the largest single-month decline in five years...