Roberto Jacobs / Blog
AUD/JPY Firmer, Heading Towards 200-DMA? The AUD/JPY cross received a double booster shot on Easter Monday, with light trading adding to the bullish under tone, driving the rate towards 85.50. AUD/JPY gains for the 3rd straight session Currently, the AUD/JPY pair rises 0.64% to 85...
US Treasury Yields Rise on Upward Revision of US Q4 GDP Treasury prices in the US dropped, pushing the yields higher after the data released on Friday revised Q4 GDP higher, largely in the back of strong personal consumption...
US: PCE Deflator and Personal Income and Spending Data Today - Nomura Research Team at Nomura, notes that the US employment grew at a faster pace in February than in January but the average hourly earnings retreated in February, falling by 0.1...
EUR/USD Holds Ground Above 1.1150 Amid USD Strength The EUR bears took a breather from their recent downslide, now allowing a tepid bounce in EUR/USD from near 1.1150 levels. EUR/USD finds support near 20-DMA Currently, EUR/USD trades modestly flat at 1.1162, trying hard to sustain above 1...
USD/JPY Extends Winning-Streak for 8th Straight Session The bullish tone behind the US dollar keeps growing bigger as we step into the key week this Monday, driving USD/JPY further towards 114 handle...
Japanese PM Abe Plans New Stimulus: Nikkei Japan’s daily, the Nikkei reported over the weekend that the Japanese PM Shinzo plans to announce a package of new spending measures on Tuesday to boost the economy...
Nikkei Leads Asian Stocks Higher on Easter Monday The Japanese and the Chinese stock markets kicked-off the week on a stronger footing amid thin trading as most Asian markets remain closed in observance of Easter Monday...
Gold Hits Fresh Monthly Lows on Rising Fed Hike Bets Gold futures on Comex reversed a brief relief rally and resumed the recent downward trajectory as the US dollar continued to remain on a firm footing in a quiet Asian session. Gold drops to test $ 1210 Currently, gold sinks -0.89% to 1212...
CFTC Positioning: Yen Longs Maintained - ANZ Analysts at ANZ explained the positioning data for the week ending 22 March 2016. Key Quotes: "Despite the dovish FOMC statement on 16 March which sent the USD sharply lower, leveraged funds did not reduce their net long USD positions...