Roberto Jacobs / Blog
EUR/GBP Challenges Highs Near 0.7740 EUR/GBP is picking up further pace following the closing bell in Asia on Tuesday, eyeing the upper bound of the range near 0.7740. EUR/GBP focus on EMU releases, risk The European cross keeps navigating within a narrow range in the low-0...
Daily Analysis of GBP/USD for March 08, 2016 In the H1 chart, GBP/USD is forming another bullish pattern below the resistance level of 1.4267, where bulls are still trying to break higher in order to strength the bullish bias on a short- and medium-term basis...
GBP/USD Recedes in Early Europe After 6-Day Winning Streak The bullish momentum in the GBP/USD pair stalled in the late NY session, making way for a corrective move. The spot is down in early Europe near 1.4240 levels...
Canadian Dollar Drops Against Most Majors The Canadian dollar weakened against most major currencies in the Asian session on Tuesday. The Canadian dollar fell to 4-day lows of 1.4708 against the euro and 84.57 against the yen, from yesterday's closing quotes of 1.4627 and 85.39, respectively...
NZ Dollar Slides Against Most Majors The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday. The NZ dollar fell to 4-day lows of 1.6304 against the euro and 76.30 against the yen, from yesterday's closing quotes of 1.6162 and 77.13, respectively...
Australian Dollar Falls Against Majors The Australian dollar weakened against the other major currencies in the Asian session on Tuesday. The Australian dollar fell to 4-day lows of 1.4863 against the euro and 83.69 against the yen, from yesterday's closing quotes of 1.4745 and 84...
AUD/USD Dumped on Awful China Trade, 0.7400 Eyed? The selling pressure behind the AUD intensified following the release of poor Chinese trade data, knocking-off AUD/USD to fresh session lows. AUD/USD nears 5-DMA at 0.7417 Currently, the AUD/USD pair drops -0.58% to 0...
China Feb Trade Data: Surplus Shrinks More Than Expected, Exports Slump In yuan terms, China trade balance for February came in at +209.5bn vs. +341bn expected and 402.20 previous. While exports saw a bigger than expected slump, falling -20.6% y/y vs. -11.3% exp and -6.6 prior...
Oil is Strong, Rising Above $40 and 6% Overnight Analysts at ANZ explained that crude oil prices were strong. Key Quotes: "Brent crude rose above USD40/bbl for the first time since December. Sentiment continues to improve as discussion about a production freeze lingers...