Roberto Jacobs / Blog
EUR/USD Extends the Rebound From 1.1190 After bottoming out in the proximity of 1.1180 earlier in the session, EUR/USD has pulled itself together and is now advancing above the 1.1200 handle...
U.K. Inflation Stable At 0.3% U.K. inflation held steady in February and factory gate prices dropped less than expected, figures from the Office for National Statistics showed Tuesday. Consumer prices gained 0.3 percent in February from a year ago as seen in January...
UK House Price Inflation At 10-Month High: ONS British house price inflation accelerated at the start of the year to the highest level in ten months, figures from the Office for National Statistics showed Tuesday. The house price index climbed 7...
EUR/USD Breaks Major Support 1.1207, Decline Till 1.1100 Is Possible Major support – 1.12070 (trend line joining 1.12558 and 1.12355) Major intraday support – 1.1260 The pair has broken 1.12070 and declined till 1.1883 at the time of writing. It is currently trading around 1.12063...
Eurozone Private Sector Gains Momentum In March The Eurozone private sector activity regained momentum in March as it expanded at the fastest pace since December, flash survey results from Markit showed Tuesday. The composite output index rose more-than-expected to 53.7 from 53.0 in February...
Euro Falls Against Most Majors The euro weakened against most major currencies in the early European session on Tuesday. The euro fell to more than a 2-week low of 1.0881 against the Swiss franc and a 6-day low of 1.1188 against the U.S. dollar, from early highs of 1.0914 and 1.1259, respectively...
EUR/JPY Prints Session Low Below 125.00 The EUR/JPY pair hit a low of 124.67 in Europe after the news of a terror attack in Brussels triggered a sell-off in EUR/USD and USD/JPY pair. Hovers above 125.00 The cross now trades around 125...
EUR/USD Now Focused on 1.1200 – UOB The research team at UOB Group has now turned its attention to a potential break below the 1.1200 key support. Key Quotes “While the price action after last Thursday’s peak of 1...
UK CPI Misses Estimates in February The UK Office for National Statistics (ONS) data released today showed the inflation did not rise as fast as expected mainly on account of a drop in bicycle prices. The headline CPI rose 0.2% m/m and 0.3% y/y, both missing the consensus estimates...