Roberto Jacobs / Blog
GBP/USD Surges to Fresh Session High Just to Retrace Back to 1.4450 The GBP/USD pair surged to a fresh session high of 1.4472 but retraced few pips to currently trade around 1.4450 after two US labor market indicators came-in-line with estimates...
USD/JPY Sidelined Near 109.00 Post-ADP USD/JPY remains entrenched in the red territory today, bouncing off lows near 108.80 and looking to stabilized in the 109.00 neighbourhood...
EUR/USD: Trading the US Non-Farm Payrolls US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar...
AUD/USD On the Verge of Breaking Below 0.7200 After ADP Report Extending its reversal from the very important 200-day SMA, the AUD/USD pair has now dropped to session low after the release of ADP report on the US private sector employment...
USD/CAD Sell the Upticks to 1.32-1.33 – Westpac In view of Richard Franulovich, Strategist at Westpac, bullish attempts in the pair to the 1.32-1.33 area could be regarded as selling opportunities. Key Quotes “USD/CAD admittedly looks like it’s building a solid beach-head above 1...
EUR/USD Focus on Draghi, Supported at 1.10/1.11 – Westpac According to Strategist Richard Franulovich at Westpac, the pair could find a base in the 1.10/1.11 area, while the immediate risk remains Draghi’s presser today. Key Quotes “EUR likely to fi nd a base into 1.10-1...
China: PBOC Fixed Yuan Firmer by Most in Three Weeks - BBH Research Team at BBH, notes that the PBOC fixed yuan firmer (0.36%) by the most in three weeks. Key Quotes “The weaker dollar offered the yuan a reprieve as it been near the year's lows...
EUR/GBP Drops to Session Low of 0.7740 After ECB Stands Pat The EUR/GBP pair dropped below 0.7750 level but held steady, trading with marginal loss at 0.7740 after the ECB left its main interest rate unchanged at 0.0...
ECB Leaves Interest Rate Unchanged at 0.0% The European Central Bank decided that the interest rate on the main refinancing operations will remain unchanged at 0.00%. The Governing Council also left the interest rates on the marginal lending facility at 0.25% and the deposit facility at -0.40...