Roberto Jacobs / Profil

AUD: Lack of RBA Easing Bias Lifts the Aussie - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the Australian dollar has been one of the top performing currencies in the Asian trading session as it continues to benefit in part from dampened Fed rate hike expectations...

USD/CHF Struggling Around 0.9700 Handle Following a drop to its lowest level since May 12, the USD/CHF pair attempted a tepid recovery on Monday but now seems to struggle in extending its recovery decisively above 0.9700 handle. After Friday's sharp slide of over 1...

EUR/GBP Regains 0.7830 ahead of EMU GDP After the ‘fat-finger’ move to the mid-0.7700s, EUR/GBP has quickly recovered and is now navigating the area of 0.7830 ahead of EMU data...

FxWirePro: Silver Fails to Sustain Above $16.51, Faces Strong Support at $16.32 XAG/USD is currently trading around $16.33 marks. It made intraday high at $16.46 and low at $16.31 levels. Intraday bias remains bearish till the time pair holds key support at $16.32 marks. A daily close below $16...

FxWirePro: GBP/JPY Faces Strong Support at 155.70, Good to Buy at Dips Major support – 155.70 (Hourly Kijun-Sen) The pair has declined drastically after making a high of 157.91 at the time of writing. It is currently trading around 156.43...

Gold - We look to Sell a break of 1240 (stop at 1250) Gold - The rally was sold and the dip bought resulting in little net change yesterday. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible...

EUR/USD Revisits Daily Highs Near 1.1365 on Upbeat German IP The EUR/USD pair appears to have found solid support at the mid-point of 1.13 handle, and jumped higher from there to test daily highs following the release of surprisingly positive German industrial figures. EUR/USD looks to test 1...

EUR/USD Initial Target at 1.14 – UOB The research team at UOB Group has reiterated its bullish perspective for the pair, adding that the next target remains at 1.1400 in the next 1-3 weeks. Key Quotes “Despite early signs of slowing momentum, another attempt towards 1.1400 seems likely from here...

NZD/GBP is Breaking Down - Westpac Imre Speizer, Research Analyst at Westpac, suggests that the Brexit referendum on 23 June has been the dominant influence on the GBP this year. Key Quotes “The risk of a “yes” vote hurt the GBP until April, but more recently markets have played down the risk...

EUR/USD Around 1.1350 ahead of German, EMU Data The single currency has deflated from recent highs vs. the greenback, taking EUR/USD back to the mid-1.1300s. EUR/USD capped by 1.1400 The pair remained apathetic despite Chairwoman J...

USD/CAD Consolidating the Downside, but Holds 1.2800 The US dollar trades around a flat-line against its Canadian counterpart in early Europe, with USD/CAD extending its side-trend from the Asian trades above 1.28 handle...

USD/JPY Off Day’s High but Holds in Green at 107.70 The Japanese currency has failed to extend its last week risk-aversion led gains against the US counterpart, with the USD/JPY moving higher for second consecutive day to inch closer to 108.00 handle...

Oil Steadies in Asia ahead of API Inventory Report Oil benchmarks on both sides of Atlantic ease-off fresh multi-month tops on Tuesday, correcting the previous rally, as focus now turns towards the API crude inventory report lined up for release later today...

AUD/NZD Surge Past 20-DMA After RBA Stands Pat The AUD/NZD cross surged past 20-day SMA resistance near 1.0700 handle with ease after the RBA decided to keep the cash rate unchanged at 1.75...

AUD/USD Pushes Higher to 0.7440 The Aussie dollar is extending its upside momentum today, now lifting AUD/USD to fresh daily tops in the 0.7440 area...

FxWirePro: EUR/AUD Breaks Major Support at 1.5355, on Track to Test 100-DMA at 1.5192 EUR/AUD has broken major trendline support at 1.5355 and is currently trading around 1.53 levels as Aussie spiked post-RBA decision. RBA Board decided to leave the cash rate unchanged at 1...

FxWirePro: USD/INR Opens Lower at 66.78, RBI Policy Decision in Focus USD/INR is currently trading around 66.87. It made intraday high at 66.94 and low at 66.78 marks. Intraday bias remains neutral for the moment. A sustained close below 66.77 will tests key supports at 66.56, 66...

FxWirePro: Gold Trades Higher on Easing FED Rate Hike Hopes, Good to Buy at Dips Gold is consolidating in a narrow range between $1248 and $1239 after a massive jump on Friday. The Bullion is currently trading at $1242 level...