Roberto Jacobs / Blog
USD/CAD Could Rebound Towards 1.3500 – Westpac In opinion of Richard Franulovich, Strategist at Westpac, a test of the 1.3500 handle remains on the cards...
Czech Economic Sentiment Weakens For Second Month Czech economic sentiment declined for the second straight month in March, survey figures from the Czech Statistical Office showed Thursday. The economic confidence index fell to 11.9 in March from 12.3 in the previous month...
Hungary Q4 Current Account Surplus Shrinks Hungary's current account surplus decreased more-than-expected in the three months ended December, figures from the Magyar Nemzeti Bank showed Thursday. The current account surplus shrank to EUR 1.01 billion in the fourth quarter from EUR 1...
French Factory Confidence Unexpectedly Eases In March France's manufacturing confidence unexpectedly weakened for the first time in four months in March, as the assessment on order book levels and businesses' expectations on their production deteriorated, survey results from INSEE showed Thursday...
ECB Bulletin Downplays Importance of Core Inflation Measure The European Central Bank (ECB) monthly bulletin releases today showed the bank feels Harmonized Index of Consumer Prices (HICP) ex-energy or core HICP is not an ‘ideal’ measure of underlying inflation...
GBP/USD All the Attention to 1.4000 – UOB The research team at UOB Group has noted the relevance of the critical support at 1.4000 the figure...
USD/CHF Still Targets 0.9806 Near Term – Commerzbank In view of Axel Rudolph, Senior Technical Analysis at Commerzbank, the pair could reach the 0.9800 area in the shorter run. Key Quotes “USD/CHF has sold off to and continues to rebound from the 2015-2016 uptrend at .9643”...
USD/CAD eases from highs near 1.3280 The greenback has resumed its advance vs. its Canadian peer today, with USD/CAD testing fresh highs in the 1.3280 area, albeit deflating afterwards...
EUR/USD Stays Weak Despite 1% Drop in Stoxx 50 Index The drop in the European equity markets is offering no support to the common currency, leaving the EUR/USD pair weaker around 1.1160 levels...