Roberto Jacobs / Blog
EUR/USD: Bullish Developments, Holds Firm at 1-Month High EUR/USD is consolidating gains around the 1.1220 vicinity, having jumped more than 1.5 cents from 1.1050/60 ahead of the FOMC decision, to print a 1-month high at 1...
Asian Markets Rally After FOMC, Gold Back Above $1250 All the Asian markets are trading on a higher note on Thursday after FOMC kept interest rate unchanged at 0.5% but cuts GDP forecast. Central bank cuts its estimate of GDP growth in 2016 to 2.2% from 2.4...
Us Oil Breaks Major Resistance Around $39, Targets $40.85 Major resistance -$39 Minor support - $38 US Oil has broken major resistance $39 and jumped till $39.35. It is currently trading around $39.11.Short term trend is bullish as long as support $36 holds...
Japan Has Y242.769 Billion Trade Surplus In February Japan posted a merchandise trade surplus of 242.769 billion yen in February, the Ministry of Finance said on Thursday. That missed forecasts for a surplus of 235.0 billion yen following the 648.8 billion yen deficit in January...
AUD/NZD Back Above 1.12 Mark, Intraday Bias Remains Neutral Pair is currently trading around 1.1240 levels. Pair made intraday high at 1.1254 and low at 1.1160 marks. Pair remains volatile during the Asian session as both the countries have released key economic data...
AUD/USD: Finally Breaks 0.7600, So Where Next? AUD/USD is chipping away at the 0.76 handle with committed bulls determined to challenge the shorts on the back of the FOMC outcome today, despite the poor show in the jobs data...
AUD/JPY Soars on Australian Jobs, 86.00 in Sight AUD/JPY is building up its bullish momentum, first initiated on the back of a surprisingly dovish FOMC, to now have targeted the area 85...
AUD/USD Bulls Not Done Despite Jobs Miss AUD/USD has been a mixed show on the back of the jobs data and a big miss on the headline again. However, the bulls were not phased right away and bids came in that have been met by cautious offers given the dovish FOMC vibes lingering around markets...
Australian Feb Employment Report: Total Jobs Disappoint, Full Time Bright Spot Australia published flat employment figures for the month of February, with the ABS reporting a minimal 0.3k increase in total employment (seasonally adjusted) vs -10k expected by Reuters. Full-time jobs came in at 15...