Roberto Jacobs / Blog
Pound Rises As European Equities Rebound After Long Weekend The British pound strengthened against the other major currencies in the European session on Tuesday, as investors return to trading following a long holiday weekend and await remarks from Fed Chair Janet Yellen on the U.S...
Daily Analysis of Major Pairs for March 29, 2016 EUR/USD: This pair moved sideways on Monday, just like its USD/CHF rival. A movement below the support line at 1.1050 would easily render the recent bullish outlook invalid...
EUR/GBP Deflates to 0.7840, Session Lows The now increasing buying interest around the sterling is sending EUR/GBP to the area of session lows near 0.7840. EUR/GBP lower on GBP-buying The European cross is navigating fresh 5-day lows around 0...
Fed’s Williams Expects to See Rates Rising Gradually Speaking in Singapore, San Francisco Fed president John Williams repeated that he sees rates rising gradually. Key Quotes: There’s a way to go before Fed shrinks balance sheet Recent inflation developments are very encouraging...
Pound Rises Against Majors The British pound strengthened against the other major currencies in the European session on Tuesday. The pound rose to nearly a 2-week high of 162.28 against the yen and a 1-week high of 0.7839 against the euro, from early lows of 161.34 and 0.7872, respectively...
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...