Roberto Jacobs / Blog
GBP/USD Likely to Extend the Rebound to 1.4570 – UOB In view of the research team at UOB Group, the pair could see its upside extended towards 1.4570. Key Quotes “While the strong rally from the low of 1...
USD/CHF Potential Visit to 0.9799 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could attempt a bounce towards the 0.9800 handle. Key Quotes “USD/CHF last week sold off towards the 2015-2016 uptrend at .9635”...
EUR/USD Dips Below Confluence of Fibo Support The common currency is losing grounds amid flat action in the European equities, with EUR/USD pair now trading below the confluence of Fibo level - 1.1257 (61.8% of 1.1714-1.0517) + 1.1253 (100% Fibo of 1.0517-1.1060-1.0711). Offered at 1...
GBP/USD Weaker, Wobbles Around 1.4400 The sterling is losing the grip at the beginning of the week, now sending GBP/USD to the lower end of the range around the 1.4400 handle. GBP/USD gains capped around 1.4500 After reaching fresh highs above the 1...
Canadian Dollar, Oil Remain Near Highs for the Year The Canadian dollar and oil prices slipped in trading Friday, but remained near a three-month high. The loonie, which rose above 77 cents Thursday, was down one third of a cent to 76.78 cents US in late afternoon...
Brent Oil Drops to 5-DMA and Recovers Brent prices fell to 5-DMA level of $40.53/barrel, before trimming losses to trade around $40.80 levels on reports china’s oil imports rose to a fresh high...
Hong Kong Inflation At 8-month High Hong Kong annual inflation unexpectedly accelerated in February for a third consecutive month to its highest level in eight months, figures from the Census and Statistics Department showed Monday. The consumer price index rose 3...
Taiwan Feb Export Orders Fall Less Than Forecast Taiwan's export orders decreased at a slower-than-expected pace in February, data from the Ministry of Economic Affairs showed Monday. Export orders dipped 7.4 percent year-over-year in February, below economists' expectations for a 10...
Denmark Consumer Confidence Eases At 5-Month Low Denmark's consumer confidence weakened for a third straight month in March to its lowest level in five months, survey data from Statistics Denmark revealed Monday. The consumer confidence index fell to 3.6 from 4 in February...