Roberto Jacobs / Blog
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”...
GBP/USD Keeps Lows Near 1.4130 The sterling remains on the defensive at the end of the week, relegating GBP/USD to trade in the area of daily lows around 1.4130. GBP/USD weaker pre-US GDP Spot has retraced most of the recent advance to levels just above the 1...
EUR/USD – Stuck in a 40-pip Range Ahead of US GDP EUR/USD has been confined largely to a 40-pip range of 1.1150-1.1190 since yesterday amid holiday thinned trade ahead of the final US Q4 GDP release...
TrendColorBars Indicator for MT4 TrendColorBars is the indicator for MT4 which will change the color of bars when the trend changes direction. In the default setting, if the trend is bullish, the candlesticks bars will be blue, whereas if the bearish trend, the bars will be red candlesticks...
AUD/USD Testing Highs Near 0.7530 The Aussie dollar is now picking up pace vs. the greenback, sending AUD/USD to the area of daily tops near 0.7530. AUD/USD supported near 0.7500 The pair is looking to stabilize in the low-0.7500s after finding quite strong resistance in the proximity of 0...
USD/JPY Trims Gains, Drops to 113.00 USD/JPY is trimming gains amid thin volumes in Europe, but trades positive on the day around 113.00 ahead of the final US Q4 data release. Will winning streak continue...
Currency Wars Have Proven Futile in the Post-Crisis Era – Deutsche Bank Gautam Kalani, Research Analyst at Deutsche Bank argues that currency wars have proven futile in the post-crisis era...