Roberto Jacobs / Profil

USD/СAD: Wave Analysis and Forecast for 08.04 – 15.04 USD/СAD Wave analysis and forecast: A chance of decline in the pair remains. Estimated pivot point is at the level of 1.3213. Our opinion: Sell the pair from correction below the level of 1.3213 with the target of 1.2780 – 1.2660...

USD/CAD Tanks to Lows Near 1.3000 on Data The Canadian dollar is now rapidly appreciating vs. its American neighbor, dragging USD/CAD to test lows near the psychological support at 1.3000 the figure...

Fed’s Dudley – Cautions Approach to Rate Hikes Appropriate New York Fed’s Dudley, while speaking in Connecticut, said a cautious and gradual approach to rate hikes is appropriate...

Further Consolidation Seen in NZD/USD – UOB The research team at UOB Group sees the pair extending its rangebound pattern in the next weeks. Key Quotes “While the initial NZD strength held below 0.6870 as expected, the subsequent sharp drop from the high of 0.6864 was unexpected...

JPY: Seasonality Slows Foreign Bond Flows – Nomura Yujiro Goto, Research Analyst at Nomura, suggests that Japanese investors sold foreign bonds aggressively last week, according to the MOF. Key Quotes “They sold JPY1555bn ($14.1bn) of foreign bonds, for the first time in seven weeks...

US Index Futures Rise on Oil US stock futures are indicating Wall Street is set to have a good time on the last trading day of the week on account of higher oil prices. At the time of writing, Dow futures were up 97 points or 0.56%. S&P futures were up 0...

BoE Could be a ‘Non-Event’ Next Week – TDS In opinion of strategists at TD Securities, the Bank of England would leave unchanged its monetary conditions at its meeting next week...

XAU/USD: If the US Fed Increases Interest Rate in June Investors’ risk aversion, amid the decline in prices of oil since the end of March and uncertainty of economic situation in the world, has triggered the rise in demand of the Yen and gold...

USD/CAD Turned to Neutral Near Term – Scotiabank Eric Theoret, FX Strategist at Scotiabank, noted the neutral outlook for the pair in the short-term horizon...

Analytical Review of the Currency Pair GBP/USD Technical data of the currency pair: Previous closing: 1.4057; Daily range: 1.4049-1.4080; Opening: 1.4057...

EUR/USD Stuck Around 1.1360, Fedspeak Eyed The common currency keeps the negative tone at the end of the week, with EUR/USD meandering the 1.1360 area. EUR/USD focus on Fedspeak The pair has quickly faded the bullish attempt to daily tops around 1...

Russian Energy Minister Sees a Slight Rise in Oil Exports in 2016 As per Bloomberg report, Russian energy minister Novak said their oil exports in 2016 could be ‘slightly higher’. Iran is already working to boost its production to 4 million barrels per day...

Treasury Yields Rise on Oil and US Growth Prospects Treasury prices in the US fell, pushing the yields higher, tracking rise in oil prices and prospects of a pickup in the US economy. At the time of writing, US 10-yr treasury yield was up almost three basis points at 1.715...

Canada is Expected to Have Grown 10k Jobs in March - BBH Research Team at BBH, suggests that the Canadian dollar’s advance has cut this week’s decline in half and today’s employment data will likely determine how it finishes the week...

GBP During the Campaign Period - Nomura Research Team at Nomura, suggests that currently, bookmakers’ odds imply the probability of Brexit is around 33...

AUD/USD Seen Slipping Towards 0.7475/80 – UOB Analysts at UOB Group noted the Aussie dollar could grind lower to the 0.7475/80 band in the near term. Key Quotes “The price action is line with our view wherein we expect the current pull-back in AUD to extend lower to 0.7475/80”...

USD/JPY: Hard to See a Compelling Argument for a Bounce - Westpac Robert Rennie, Research Analyst at Westpac, suggests that the price action has continued through the last few days, and while USD/JPY holds trend support at 109...

Sell EUR/GBP on Current Strength – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, recommended selling the European cross on ongoing strength...

Japan Reported Larger than Expected Currency Account Surplus - BBH Research Team at BBH, notes that Japan did report a larger than expected February currency account surplus. Key Quotes “It rose to JPY2.435 trillion, the most since March 2015, from JPY520 bln in January...

USD/JPY- Offered Near 23.6% Fibo Level The corrective move in the USD/JPY pair ran into offers near 109.11 (23.6% of 113.80-107.66) levels following which the pair fell back to 108.65 levels...