Articles by Boby Michael

Boby Michael

Email : b.michael@ibtimes.co.uk

Crude Oil Prices Outlook

Brent off four-month high to one-week low on rising stockpiles

API data shows stocks are increasing, setting the tone for the EIA numbers.

Apr 22, 2015

Australian dollar

Aussie dollar jumps on Q1 inflation data

Australia's trimmed mean CPI rose unexpectedly in Q1.

Apr 22, 2015

GBP/USD monthly

Sterling levels to watch ahead of UK general election 2015

Political uncertainty weighs on pound which is hovering near a five-year low vs dollar.

Apr 21, 2015

India rupee bundles

Indian rupee off 100-day low as exporters sell dollars

Tax rules, dollar strength, Daiichi pullout, month-end oil buying of dollars, all weigh on rupee.

Apr 21, 2015

A machine counts and sorts out euro notes at the Belgian Central Bank in Brussels

Euro slides to 5-day low ahead of German ZEW as Greek woes weigh

The pair is now not far away from the 13 April low of 1.0520 beyond which it will be at its lowest since mid-March.

Apr 21, 2015

Palladium Ingot

Precious metals wrap: Palladium only gainer supported by auto demand outlook

Platinum is higher for third straight week while silver is down for third week.

Apr 18, 2015

Stacks of Swiss franc, Euro and U.S. dollar banknotes

Central banks watch: ECB, SNB, BoJ, BoC in focus for comments and BoE and RBA for minutes; Hungary, Turkey and Egypt to set rates

IMF meeting in Washington against background of Greece debt crisis will also be in focus.

Apr 18, 2015

Singapore currency notes are seen through a magnifying glass among other currencies in this photo illustration taken in Singapore April 12, 2013.

Singapore and Canadian dollars hits three-month highs on data, pares gains on US numbers

Singapore trade and Canadian inflation figures better than expected but core CPI from US supports greenback.

Apr 17, 2015

British pound sterling street

Pound rallies to 1-month high as UK jobless rate falls to 7-year low, BoE minutes in focus

Dollar weakness and strong job market figures help pound rally

Apr 17, 2015

Giant gold bar

Weak dollar strengthens gold, currency fails with oil as Opec production surges

Brent crude for spot delivery has fallen off a four-month high, while gold has reversed much of the losses suffered earlier this week.

Apr 17, 2015

US dollar bills

Dollar drops to 1-week low amid mixed Fed comments, US CPI in focus

Data and official comments on Thursday were mixed but tilted to the dovish side.

Apr 17, 2015

Norwegian krone

Norwegian krone off highs amid rate cut speculation, Norges Bank May meeting in focus

Krone has moved off six-month high against euro and two-month highs against pound and Swedish krona.

Apr 16, 2015

Canadian dollars

Canadian dollar at three-month high after BoC review, on oil price rise and weak greenback

Brent crude for spot delivery has risen to four-month high, pushing USD/CAD through a key support.

Apr 16, 2015

Australia Jobs

Australian dollar rallies on jobs data and greenback weakness after Draghi statement

AUD/USD at a 20-day high as jobless rate falls further off January's 13-year high.

Apr 16, 2015

USD/INR Daily

Technical analysis: Indian rupee down on dollar rally, China economy weakens, oil gains

Important resistance now is 63.12, while support is 61.26, for the pair.

Apr 15, 2015

Brent Crude Gains 9.6% On The Week

Crude oil rallies to 6-week high amid worsening Yemen crisis

Long term technical view supports upward bias despite fundamental challenges.

Apr 15, 2015

Euros

Euro shows weakness ahead of ECB meeting as dollar up after China data

Draghi's comments on Greece will be watched.

Apr 15, 2015

Dollar Yuan

China weakness supports dollar, won down despite strong Korea data

Dollar off Tuesday's lows after China GDP, focus shifts to ECB.

Apr 15, 2015

US Retail Sales

Dollar slides on retail sales disappointment while euro and gold off lows

Data adds to concerns that the US will take longer to return to inflation target.

Apr 14, 2015

Pound notes

Pound down across the board after March CPI, market awaits UK labour data due on 17 April

GBP/USD fell to 1.4603 from the previous close of 1.4675, reversing much of the 0.75% move off Monday's five-year low.

Apr 14, 2015

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