Roberto Jacobs / Blog
BOJ Policy on Way to Trigger Fiscal Stimulus Bank of Japan’s (BOJ) massive monetary stimulus may not have boost inflation much so far and economy is struggling to recover post sales tax hike of 5% but it is on its way to boost fiscal policy and lead to the release of fiscal stimulus by the govern...
GBP/USD Retests Hourly 200-SMA at 1.4265 The GBP/USD pair recovered losses and swung higher from a brief dip below 1.42 handle, now heading for a test of 1.43 handle amid improved risk-sentiment. GBP/USD bounces-off lows near 1.4200 The GBP/USD pair rises 0.08% to fresh session highs of 1...
GBP/JPY Nears 38.2% Fibo Resistance GBP/JPY pair regained bid tone following a minor bout of weakness in Europe and is now looking to test 162.47 (38.2% of 175.02-154.72). Trades at two-week high At 162.20, the cross is trading at its highest since March 15th...
USD Looks ‘Cheap’ – Danske Bank In opinion of Jens Pedersen, Senior Analyst at Danske Bank, the greenback could be poised for further upside...
EUR/JPY: Bulls Eyeing March 11 High Offered tone around Yen continues to gather pace, with EUR/JPY cross looking poised to test key technical hurdle of 127.29 (Mar 11 high). European stocks rally, weigh over EUR The cross appears to have lost steam as it approached 127...
Italy Consumer Confidence, Factory Morale Rebound In March Italy's consumer confidence improved in March after declining in the previous month, on the back of stronger economic expectations, while a better assessment of order books boosted the morale in the manufacturing sector for the first time...
Euro-Area Bonds Move Higher After Egypt Plane Hijack Report Core EGBs, peripheral bonds moved higher while curves flatten ahead of light data calendar today and quarter-end this week; demand for safety supported instrument rises following reports of Egypt plane hijack...
Eurozone Feb M3 Growth Remains Stable At 5% Eurozone money supply growth held steady in February and private sector credit expanded at a faster pace, the European Central Bank reported Tuesday...
USD/CNY Hovers Around 6.5100 Mark, Intraday Bias Remains Neutral USD/CNY is currently trading around 6.5097 levels. It made intraday high at 6.5153 and low at 6.5050 levels. Intraday bias remains neutral for the moment. A sustained break above 6.5195 will tests another resistance around 6.5374/6...