Roberto Jacobs / Profil

USD/CHF Better Bid Around 0.9580, Session Highs The USD/CHF pair is seen defending the bids amid broad based USD softness, as a lack of fresh fundamental drivers amid holiday-quiet markets, keep the major largely muted. USD/CHF fails near 0...

EUR/USD Intermarket: US Yields Collapse Amid Supply Environment Based on intermarket analysis, which helps explain why certain moves occur but most importantly, what are the current main drivers for a certain asset class, the vigorous rise in the EUR/USD exchange rate since April 24th, which has...

USD/CAD Still Looks to Oil Dynamics – Rabobank Strategist at Rabobank Christian Lawrence has assessed the prospects of the pair and crude oil...

Gold Holding Above $1280, Upside Seems Capped Gold managed to recover from Wednesday's low near $1272 support on disappointing US private sector employment report but faded its spike to $1290...

GBPCAD: Extending the Recovery - Scotiabank Research Team at Scotiabank, suggests that the GBPCAD is extending the May recovery though the 1.85 area, taking out trend resistance off the 2.09 high and 40-day MA at 1.8531 in the process. Key Quotes “The force appears strong in this one now...

Follow EUR/GBP Higher, USD/JPY Stretched – Deutsche Bank Oliver Harvey, Macro strategist at Deutsche Bank, suggests that the EUR/GBP is their top scoring currency pair in G10 and is highly trending to the topside and is not at all stretched on both RSI and risk reversal metrics, suggesting the mo...

USD/CAD: Risks are Clearly Tilted Higher for a Test of 1.2988 - Scotiabank Research Team at Scotiabank, suggests that the USD/CAD’s rebound developed strongly and they are shifting their bias materially as a consequence...

EUR/USD Unchanged Below 1.15, ECB on Sight EUR/USD is now attempting a consolidative pattern below the 1.1500 handle amidst thin trade conditions. EUR/USD focus on US data, ECB The pair is barely moving, as the usual cautiousness pre-Payrolls seems to have taken over sentiment already...

FxWirePro: GBP/NZD Breaks Major Trendline Support and slips Below 1h 50-SMA, Good to Sell Rallies GBP/NZD rejected at day's highs by 2.1102, and is currently trading at 2.1016 levels. The pair has broken major trend line support at 2.1047 on the hourly charts and has slipped below the 1H 50-SMA...

Australian Bonds Continue to Rally After RBA Rate Cut, Despite Firm Economic Data The Australian government bonds continued to rise Thursday for three consecutive days as investors pour into safe-haven assets after Reserve Bank of Australia lowered its interest rate by 25 bps to historic low of 1...

FxWirePro: Time to Invite Shorts in Bearish Hedging Strategies for EUR/JPY Long Term Risks Glimpse on Technicals: The pair has been bouncing from last 3-4 days after testing supports at 121.680...

Canada's Weak Trade in March Suggests Q1 GDP Growth Likely to be Weaker Than Anticipated Canada’s trade deficit broadened from downwardly revised $2.5 billion in February to $3.4 billion in March. Exports in March fell 4.8%, surpassing the decline in imports of 2.4%. Export volumes declined 2...

FxWirePro: EUR/GBP Holds Above the 0.79 Handle, Focus on UK Services PMI Data EUR/GBP trades a narrow range on the day (15 pips), day's highs at 0.7925 and lows at 0.7910. Upside on Wednesday capped at 0.7947 (Mar 23rd highs), pair holds above the 0.79 handle. 0...

AUD/USD Takes-Out 0.7500, Solid Aus Data Underpins The bid tone around the AUD keeps growing bigger as we head into early European trades, driving the AUD/USD relief rally above 0.75 handle. AUD/USD eyes Wednesday’s high Currently, the AUD/USD pair rises 0.64% to 0...

USD/JPY Ranging Around 107.00 Level The USD/JPY pair on Wednesday moved within a narrow trading range, circling around 107.00 handle, amid thin liquidity on the back of a bank holiday in Japan and EU. The pair on Wednesday retreated from high of 107...

EUR/GBP Retreats to 0.7910 Ahead of UK PMI The bid tone around the sterling is prompting EUR/GBP to recede from yesterday’s tops in the mid-0.7900s and test the 0.7910/00 band...

3 Reasons to be Bearish Euro – Nomura Bilal Hafeez, Research Analyst at Nomura, suggests that recently, the euro saw an intra-day high of 1.1616 – while not quite as high as the 1.1714 high seen in August last year when equity markets plunged, it has nevertheless challenged our bearish euro view...

CAD: March Trade Deficit Widest on Record – Deutsche Bank Brett Ryan, Research Analyst at Deutsche Bank, notes that on a balance of payments basis, Canada’s March international trade deficit (-C$3.4 billion vs. –C$2.5 billion) was the widest on record. Key Quotes “Exports declined by -4...

UK: Downside Risks to the PMI Services Release - TDS Research Team at TDS, suggests that we’ve seen somewhat less evidence of the EU Referendum weighing on services components of the UK economy so far, but this week’s other PMI releases suggest that uncertainty is finally biting into activity...

USD/CAD: Loonie Rebounds Alongside Oil, 1.2800 Eyed The Canadian dollar halted its 2-day decline and rebounded higher versus the American dollar in the Asian session, sending USD/CAD sharply lower from twelve-day peaks shy of 1.29 handle. USD/CAD heading towards daily pivot at 1...