Roberto Jacobs / Blog
USD/JPY Inter-Market: Today’s Fresh Selling Independent of the Intrinsics USD/JPY’s rise from 109.50 levels witnessed last Friday extended until Monday’s early European trading, before finding a balance area between 110.90-111.35 zone, where the VX (risk barometer) almost flattened...
FTSE Gains Despite Weak Construction Data The UK blue-chip index is trading in positive territory this morning despite the latest economic release coming in on the soft side. The print of 51.2 for construction PMI in May was below both the 51.9 expected and the previous figure of 52...
USD/CHF Extends Its Corrective Move Further Below 0.9900 After breaking through 0.9900 handle and a subsequent drop below previous week lows support, the USD/CHF pair extended its near-term corrective move to currently trade at a fresh 2-week low level of 0.9860...
ECB Preview: 10 Major Banks Expectations from June Meet As we head towards the ECB’s June meeting, following are the expectations as forecasted by the economists and researchers of 10 major banks...
USD/JPY Tumbles Through 109.00 - Nothing New from Draghi? Market Drivers June 2, 2016 USD/JPY drops through 109.00 UK PMI Construction 51.2 vs. 52.6 Nikkei -2.32% Dax 0.25...
AUD/USD Tumbles to Lows Near 0.7200 The selling pressure around the Aussie dollar is now gathering further traction, relegating AUD/USD to the lower end of the range near the 0.7200 mark...
FxWirePro: EUR/SEK Back Above 9.29 Mark, a Sustain Break Above Targets 9.3642 EUR/SEK is currently trading around 9.2932 levels. It made intraday high at 9.2927 and low at 9.2635 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.3039 marks. A daily close above 9...
JPY Expected to Depreciate Further in the Medium Term – Danske Bank Jens Sorensen, Chief Analyst at Danske Bank, sees the Japanese currency losing further ground within a year’s time...
USD/CAD Makes Headway Towards 1.3100, Eyes OPEC Meeting The USD/CAD pair rebounded higher from 1.3050 region post-European, with the prices now extending the bid tone as increased nervousness weighs on the Loonie as the OPEC meeting gets underway...