Roberto Jacobs / Blog
USD/JPY Sinks to Fresh Lows Near 109.20 The Japanese yen remains on a firmer note today, now dragging USD/JPY to fresh daily lows in the 109.20 region...
Gold Higher at $1219 on Weak Dollar, ISM Data in Focus Gold traded slightly higher at $1219 on Wednesday, hovering around 100-day SMA, led by safe-haven demand on weakness in global equities and the greenback...
AUD/USD Sees Chances of a Test of 0.7365 in the Next 1-3 Weeks – UOB According to the research team at UOB Group, the Aussie dollar remains well poised to climb towards the 0.7360 area in the next 1-3 weeks...
EUR/JPY Slammed to 122.00 Handle on Global Risk-Off Risk-off sentiment, as depicted by weakness in global equity markets, seems to boost the safe-haven appeal of the Japanese currency and weighing on the EUR/JPY cross that has now dropped to a 3-week low level of 122.00...
Bullish Price-Indicator Crossover in EUR/USD A bullish crossover between the EUR/USD current rate and its 200-hour SMA has been detected. The ascending EUR/USD price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts...
GBP/USD Inter-Markets: All About ‘Brexit’ The sterling met increasing selling pressure late on Tuesday and during today’s session so far, soon after GBP/USD clinched highs above the 1.4700 handle...
Crude Oil Updates ahead of Inventory and Opec Meeting Supply expected to tighten due to wildfire in Canada and declining lower 48, while demand stays strong. During US trading session, API's Weekly Statistical Bulletin (WSB) is scheduled to report on total U.S...
USD/CHF Slips Below 0.9900 Handle ahead of US ISM Manufacturing PMI Despite of a lower-than-expected Swiss GDP print, the USD/CHF pair once again failed to extend its bullish momentum beyond 0.9950 and has now dropped below 0.9900 handle. On Tuesday, the pair recovered from session low of 0...
ECB Preview: Eyes on the Staff’s Inflation Projections – ING Carsten Brzeski, Chief Economist at ING, suggests that at tomorrow’s meeting all eyes should be on the ECB staff’s inflation projections, further details on the ECB’s corporate bond purchasing programme and Mario Draghi’s attempt to str...