Roberto Jacobs / Blog
Technical Analysis of EUR/JPY for March 25, 2016 General overview for 25/03/2016: The market has finally broken out above the wave b green top at the level of 1.2526, but it wasn't strong enough to continue higher...
Technical Analysis of USD/CAD for March 25, 2016 General overview for 25/03/2016: The market has hit the weekly pivot resistance at the level of 1.3270 and currently it is the in corrective sub-cycle labeled as wave iv. So far three waves have been made...
More CNY Weakness Ahead – Danske Bank Allan von Mehren, Chief Analyst at Danske Bank, suggests that Chinese growth has shown signs of stabilisation and we look for moderate recovery during 2016 driven by the construction sector, which was experiencing a hard landing over the past year...
NZD/USD: Bottom in Commodity Prices to Cap Downside – Danske Bank Jens Nærvig Pedersen, Senior Analyst at Danske Bank, suggests that the net immigration continues to be supportive for real economic activity in New Zealand, which is progressing relatively steadily despite rising global economic wo...
Dutch Q4 Economic Growth Improves As Estimated Dutch economic growth improved as initially estimated in the three months ended December, led by exports and investment, final figures from the Central Bureau of Statistics showed Friday. Gross domestic product advanced 0...
France Q4 GDP Growth Unrevised French economy expanded in the three months ended in December, in line with the second estimate, final figures from the statistical office Insee showed Friday. Gross domestic product rose 0.3 percent in the fourth quarter, but slower than the 0...
USD/CHF Off Highs, Back to 0.9770 The greenback extends its upside momentum vs. the Swiss currency today, pushing USD/CHF further north of the 0.9700 handle. USD/CHF bounces off 0.9650 Spot has managed to revert the deep pullback post-FOMC to fresh 2016 lows in the mid-0...
NZD/USD Attempting Gains Above 0.67 Bid tone around Kiwi remains intact amid holiday thinned trading in Europe, with NZD/USD looking to extend gains above 0.67 handle...
USD/CNY Expected to Edge Higher – Danske Bank Chief Analyst at Danske Bank Allan von Mehren sees the pair ticking slightly higher in the next months. Key Quotes “The PBoC managed to calm the markets faster than expected and the depreciation pressure on CNY versus the USD has eased”...