Roberto Jacobs / Blog
Fed: Back to Old Habits? - ANZ Research Team at ANZ, suggests that with the benefit of a couple more days and the fact that markets have settled somewhat, it is little easier now to reflect on the Fed’s decision and surprise dovishness last week...
Gold drops below hourly 100-MA Gold prices failed to sustain above 10-DMA and fell below hourly 100-MA level of 1247.84 levels despite drop in the US treasury yields. Drops to $1240 Prices printed a session low of $1240/Oz in early Europe and now continue to trade around $1242 levels...
GBP/USD: Sell-off to Gather Pace at London Open? GBP/USD is now trading with moderate losses with traders fearing an early wobble in London following Duncan Smith’s resignation over the weekend. Politics back in focus Iain Duncan Smith’s resignation is a big loss to Cameron...
US: Existing Home Sales and Fed’s Locker Speech in Focus - TDS Research Team at TDS, suggests that the US economic calendar is quite thin...
EUR/USD Stays Below Key Fibo Level, Awaits German BUBA Report The EUR/USD founds bids around 1.1250 in early Asia, but lacks momentum to test/take out 1.1293 (23.6% of May 2014 high-Mar 2015 low). The currency pair trimmed gains from 1.1285 to trade around 1.1270 levels. Strong support around 1...
JPY: Why won’t it Fall? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the rebound in risk appetite since the middle of February has allowed the DJIA to recoup all of the losses registered at the start of the year...
CAD/CHF Faces Strong Support at 0.7400, Break Below Targets 0.7285 Major support – 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as resistance 0...
Fundamentals to Watch Out for This Week Compared to last two weeks, this week isn’t that risk heavy but events lie which could act as forward guidance...
Canadian Dollar Slides Against Majors The Canadian dollar weakened against the other major currencies in the Asian session on Monday. The Canadian dollar fell to 4-day lows of 1.3070 against the U.S. dollar, 85.11 against the yen and 1.4743 against the euro, from last week's closing quotes of 1...