Roberto Jacobs / Blog
Technical Analysis of GBP/CHF for March 21, 2016 Technical outlook and chart setups: The GBP/CHF pair seems to have formed a base around 1.3950 levels today, before rallying towards 1.4005 levels again. The pair is now looking set to push higher towards 1...
Technical Analysis of EUR/USD for March 21, 2016 When the European market opens, some economic news will be released such as Consumer Confidence and Current Account. The US will release economic data too such as Existing Home Sales...
Technical Analysis of USD/JPY for March 21, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Existing Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...
ECB’s Villeroy - Negative Rates Effective but Have Limits ECB governing council member Francois Villeroy de Galhau assured markets today the bank is ready to act with right instruments to meet the inflation target, but maintained there is a limit to how low negative rates can go...
GBP/USD Dips Below 1.44 on Brexit Fears GBP/USD dipped below 1.44 handle as political developments in the UK over the weekend put Tory unity on austerity at risk and heightened bears of Brexit...
Daily Analysis of Major Pairs for March 21, 2016 EUR/USD: The EUR/USD pair broke upwards last week, moving north by 280 pips on Wednesday and Thursday. The market could continue going upwards but there is a possibility that the bears might come in and push the price downwards...
Stronger Dollar is Out of the Question for Now - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the term ‘Currency Wars’ was used by Brazil’s erstwhile Finance Minister, Guido Mantega, in September 2010 in response to moves by some (Asian) countries to resist upward pressu...
EUR/USD Forecasts: Focus on Risk Trends – UOB and Danske Bank EUR/USD has started the week on a weak note, coming down from recent tops above the 1.1300 handle to the current 1.1265/60 band...
Dovish Central Banks Support Global Financial Markets – Danske Bank Research Team at Danske Bank, suggests that the world’s major economies have held central bank meetings during March and across the central banks there has been a convergence in sending a common message that it is appropriate to...