Roberto Jacobs / Blog
EUR/JPY Flirting with 122.00 Handle Just ahead of ECB Decision As Yen continues to surge on global risk aversion, a minor up-tick in the EUR/USD major is doing little to assist the EUR/JPY cross that continues to flirt with 122.00 handle just ahead of the ECB decision...
China: Hard-Landing Fears are Back - ING Tim Condon, Chief Economist at ING, suggests that China’s hard-landing fears are back despite fading CNY devaluation worries. Key Quotes “There was a worrying sign of a further slowdown in export growth in yesterday’s manufacturing PMI data...
EUR/USD Cautious Around 1.1200, ECB Eyed The common currency keeps a tight range above the 1.12 handle vs. the greenback today, althogh gains in EUR/USD appear so far limited around 1.1220. EUR/USD now looks to ADP, ECB The pair keeps gyrating around the 1...
NZD/USD Dips Below 0.6800, Reversal From 50-DMA Gains Momentum Global risk-off sentiment is hurting commodity-linked currencies, including the kiwi, with the NZD/USD pair now dropping back below 0.6800 handle to currently trade near session low...
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...