Roberto Jacobs / Blog
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...
Fed’s Kaplan – Fed Wants to Normalize Rates as Fast as Possible Dallas Fed President, Robert Kaplan in an interview with the WSJ, said the central bank wants to normalize rates as fast as it can, but understands the need to be patient and gradual...
US Election Outcomes Matter – Goldman Sachs Alec Phillips, Senior US Economist at Goldman Sachs, suggests that the US fiscal stance depends in part on the election outcome. Key Quotes “Republicans are likely to focus on two issues that could provide a net boost: tax reform and defense spending...
CHF: ECB Left Little Pressure on the SNB – Danske Bank Research Team at Danske Bank, notes that as expected, the SNB kept policy measures unchanged in March after the ECB’s easing move being concentrated within the QE/TLTRO sphere left little pressure on the SNB to cut its policy rates further in...
GBP/USD Offered at 38.2% Fibo Level GBP/USD made another failed attempt to take out 1.4154 (38.2% of 1.4699-1.3835) before dropping to 1.4118 levels in Europe. Rejected at 1.4182 Pair jumped to 1...
Japan Jan Leading Index Revised Up The leading index for Japan, which measures the future economic activity, increased at the start of the year instead of a decline initially estimated, final figures from the Cabinet Office showed Friday. The leading index rose to 101...