Roberto Jacobs / Blog
US Stocks Open Lower, Dow Nears 200-DMA Support Stock markets in the US opened on lower on Monday as oil price drop and weak China data released over the weekend overshadowed gains in Asian and European equity markets...
USD/CAD keeps highs near 1.3290 The greenback is recovering part of its shine vs. its Canadian peer on Monday, lifting USD/CAD to test daily highs near 1.3290. USD/CAD rebounds from 1.3210 Spot has managed to regain the 1.3200 handle after dropping to fresh multi-month lows in sub-1...
G20 GDP Growth Eases Slightly In Q4: OECD Growth of real Gross Domestic Product in the G20 area eased slightly in the fourth quarter, the Organization for Economic Co-operation and Development said Monday. Real GDP growth of G20 area weakened to 0.7 percent from 0...
Euro Weakens Against Majors The euro declined against its major rivals in European deals on Monday, as Eurozone bond yields fell after anti-euro party, Alternative f...
EUR/USD Trims Losses as Weak Oil Weighs Over US Stock Index Futures Oil driven losses in the major US equity index futures helped common currency regain poise, thus ensuring the EUR/USD pair recovered losses to trade largely unchanged on the day around 1.1030...
Canadian Dollar Edges Down Against Most Majors The Canadian dollar weakened against most major currencies in the early European session on Monday. The Canadian dollar fell to 1.3256 against the U.S. dollar and 1.4795 against the euro, from early highs of 1.3211 and 1.4720, respectively...
EUR/USD on the Back Foot on Signs of Risk-on in Equities The EUR/USD now trades largely unchanged on the day as signs of risk-on the European equity futures strengthened offered tone around the funding currency EUR. Rejected at 23.6% Fibo The spot was offered after it failed to sustain above 1...
Euroland Strategy: Debating the ECB delivery – Deutsche Bank Research Team at Deutsche Bank, suggests that the package of ECB policy measures announced at the March meeting was at the upper end of their and arguably consensus expectations...
Brent Testing Bids Around $40 handle Brent prices dropped in Asia and extended losses in early Europe after Iran news reduced probability of joint production freeze. Futures currently hover just above $40/barrel levels...