Roberto Jacobs / Blog
Sterling Takes a Pounding – SocGen Alvin T. Tan, Research Analyst at Societe Generale, suggests that the Sterling has been the G10 laggard this quarter amid mounting Brexit risks and the downward pressure is likely to intensify as we get closer to the referendum date in late June...
Asia Roundup: Asian Markets Trading on a Mix Note As Many Markets Shut Globally to Mark Good Friday - Friday, March 25th Market Roundup Japan Fin Min Aso – Not thinking about compiling extra budget, no truth to reports of spending vouchers for young people, economic fundamentals solid, labor mark...
EUR/JPY Recovers Losses, Trades Above 126 The common currency has recovered losses, helping the EUR/JPY cross move back above 126.00 to trade on a flat note amid thin volumes. Offered near 23.6% Fibo An early move higher ran out of steam as prices neared 126.54 (23.6% of 141.06-122...
Asia: While it Lasts – Deutsche Bank Research Team at Deutsche Bank, suggests that whether by explicit design or (more likely) implicit coordination, central bank action over the past few weeks has managed to kill currency vol, at least before the Fed speak this week which seemed (rather strangel...
EUR/GBP Slightly Up, Clings to 0.7900 EUR/GBP is extending its consolidative theme in the upper end of the recent range around 0.7900, coming down from YTD peaks near 0.7950. EUR/GBP gains capped around 0...
EUR/USD Trims Losses, Around 1.1170 The shared currency has recovered part of the ground lost to the greenback in early trade, now taking EUR/USD to the 1.1165/70 band. EUR/USD focus on US GDP The pair is retreating for the sixth consecutive session so far after being rejected from the mid-1...
Daily Analysis of Major Pairs for March 25, 2016 EUR/USD: Altogether, this pair has been bearish so far this month. A movement below the support line at 1.1050 would easily render the recent bullish outlook invalid...
Daily Analysis of USDX for March 25, 2016 On the H1 chart, USDX has been performing a bullish consolidation above the 200 SMA price zone, with a target placed around 96.70 to the upside...
Daily Analysis of GBP/USD for March 25, 2016 The pair had a corrective move during yesterday's session in favor of the overall bearish bias, after a support was found around the 1.4056 level. Now, GBP/USD can make a pullback to resume the decline, but the fact is that a breakout above the 1...