Robert Petrucci
About Robert Petrucci
Robert Petrucci has worked in the Forex, commodity, and financial profession since 1993. Important aspects of his work involve risk analysis and advisory services. As an advisor in a Family Office he maintains a conservative approach for wealth management and investments. Robert also works in private finance with investors and companies delivering financial and management services.
Snapshot
Latest 10 Articles
U.S financial institutions will be mostly closed today because of the Martin Luther King Jr. holiday, but USD/MXN has seen buying escalate early this morning as President Trump prepares to take office.
The USD/ZAR has traded lower early this morning and is near the 18.68550 ratio with a wide spread been demonstrated, this as U.S financial institutions prepare for the entrance of President Trump.
After opening this past Monday with strong selling and falling below the 1.02000 level, the EUR/USD did show some ability to create upwards momentum, but its price action remains uninspiring for bulls.
WTI Crude Oil did go above the 79.000 USD price level this past Wednesday, a mark not seen since August 2024, but then reversed lower and closing on Friday near the 77.055 ratio.
The USD/RUB has come off early 2025 highs and is now trading within sight of potentially important psychological support as it traverses near 102.4800 as of this writing.
The USD/INR has shown price velocity again the past few days, this as the currency pair has been ‘allowed’ to correlate to global Forex conditions by the Reserve Bank of India.
The USD/ILS has maintained a rather stable range and continues to show that financial institutions appear to be satisfied with the current price equilibrium of the currency pair.
The USD/SGD remains in the higher elements of its price range as it traverses values not seen since October of 2023, this as financial institutions remain nervous about their outlooks.
The USD/BRL closed below the 6.1000 level yesterday, but financial institutions clearly remain nervous about outlook regarding the Brazilian Real as a shift in U.S politics gets set to occur.
The USD/MXN has returned to its higher values and is once again challenging what has turned out to be rather durable resistance vicinities since early November, however this time may prove different.