Roberto Jacobs / Blog
Finland PPI Falls At Faster Rate In February Finland's producer prices decreased at a faster pace in February, figures from Statistics Finland showed Thursday. The producer price index for manufactured products fell 4.1 percent year-over-year in February, much faster than the 2...
German Consumer Confidence Set To Weaken In April German consumer confidence is set to fall in April on global risks, survey data from GfK showed Thursday. The forward-looking consumer sentiment index dropped to 9.4 from 9.5 points in March. It was forecast to remain unchanged at 9.5...
German Import Prices Decline Most Since 2009 Germany's import prices decreased at the fastest rate in more than six years during February, as lower energy prices continued to dampen inflationary pressures, preliminary data from Destatis showed Thursday. The import price index dropped 5...
DXY Seen Gathering Traction – Westpac Strategist at Westpac Richard Franulovich has assessed the likeliness of further appreciation of the greenback in the next weeks. Key Quotes “Conditions slowly becoming propitious once again for a decent multi-day USD bounce”...
GBP/USD Trades Below 1.41 Ahead of UK Data GBP/USD stays on the back foot below 1.41 handle with traders awaiting UK retail sales data release followed by US durable goods orders release in the US session...
EUR/USD forecast: Focus on US Releases – Commerzbank and UOB EUR/USD continues to grind lower during the second half of the week, testing the area of 1.1160 amidst a strong demand for the US dollar...
EUR/USD Slips Further to 1.1160 The offered tone is now picking up pace around the single currency, dragging EUR/USD to test fresh lows in the 1.1165/60 band...
EUR/AUD: Deeper Decline Towards 1.3718/1.3675 Eyed - SocGen The FX Technical Analysis Team at Societe Generale suspects a possible double top in EUR/AUD, with an initial target of 1.3718/1.3675 a possibility ahead of longer term 1.27/1.25...
GBP: Cable’s Relief Rally Looks Over - TDS According to Ned Rumpeltin, European Head of FX Strategy at TDS, GBP/USD looks set to test the year’s lows at 1.3836, with a break below exposing the 2009 base at 1.3503...