Roberto Jacobs / Perfil

AUD/NZD: Prior to the Meeting RBA on 3 May At the beginning of this week at the RBA left interest rate unchanged at the level of 2.0%. This level has been maintained since June 2015. However, the following up comments of the bank were aimed at lowering in the AUD...

EUR/GBP: The Pair is Overbought The pair EUR/GBP failed continuing downward movement rebounding from strong resistance level of 0.7820 (ЕМА200 on the weekly chart and Fibonacci 50% to the last wave of decline from the highs of August 2013). The pair fell by 1800 points from the level of 0...

EUR/JPY Remains Vulnerable Near 1-Month Lows EUR/JPY fell sharply on Thursday as the yen regained strength on safe-haven demand while the euro was underperforming across the board...

USD/JPY: Intervention Unlikely, Unless… - ING According to James Smith Economist and Viraj Patel, Foreign Exchange Strategist at ING, intervention from the Finance Minister and the Bank of Japan is unlikely unless USD/JPY drops sharply to the 100 - 105 area...

USD/JPY Unstoppable, Extends Decline to 107.65 The yen continues to rise across the board and hit a new 17-month high versus the US dollar. USD/JPY turned to the downside after the beginning of the American session and recently broke below previous lows. It bottomed at 107...

EUR/USD Back to Square One EUR/USD found support at the 200-hour SMA and managed to trim some of its intraday losses and is back headed toward the 1.1400 area. EUR/USD slipped from a fresh 2016 high of 1.1453 to a daily low of 1...

EUR/USD: Dollar to Remain on the Defensive - BTMU Analysts from The Bank of Tokyo-Mitsubishi UFJ, point out that the near-term bias in EUR/USD is bullish and expect it to trade between 1.1200 and 1.1500 during the week ahead...

AUD/USD: Technical Condition of AUD Deteriorating - BBH Analysts from Brown Brother Harriman, explain that the AUD/USD could have topped and consider that the technical outlook favors the downside...

US Initial Jobless Claims Drop More Than Expected Last Week The labor department data released today in the US showed the first time jobless applications fell more than expected last week, indicating the labor market continues to strengthen despite headwinds...

EUR/USD Hovers Below 1.1400 After US Jobless Claims Data EUR/USD remained steady below 1.1400 after the release of US initial jobless claims data which fell by 9K in the week ended Apr 1. EUR/USD had pulled back from fresh 2016 highs and is back below the 1...

Cautiousness Prevails Around GBP/USD – Scotiabank Chief FX Strategist at Scotiabank Shaun Osborne remains cautious on the outlook for Cable...

NZD/USD Consolidating Near-Term – UOB According to analysts at UOB Group, the Kiwi dollar remains in a consolidative phase vs. the US dollar in the short term. Key Quotes “We just turned neutral yesterday and there is no change to the view”...

EUR/GBP: Strong Upward Impetus Yesterday’s news triggered the decline in the USD in the market. Following the information released by US EIA at 16:30 (GMT+2) which showed that US oil reserves last week fell by 4.937 million barrels against the rise of 2...

Fed Hike Probabilities Review After FOMC Minutes After last night’s FOMC minutes, which showed many policymakers were issuing warnings on appreciable global developments, which pose economic risks to United States...

USD/CAD: Breaking Above a Descending Trend – SocGen Research Team at Societe Generale, notes that after reintegrating within a multiyear upward channel USD/CAD achieved key level of 1.2850, graphical levels consisting of last March highs and October lows...

US: Chaos in Cleveland? – Westpac Sean Callow, Research Analyst at Westpac, suggests that the markets also need to contend with summer political event risk from the US presidential campaign...

ECB Minutes: Considered Sharper Rate Cut in March European Central Bank (ECB) March policy account/minutes released today showed governing council considered a much sharper rate cut in March, but feared reaching a zero lower bound...

Should the Fed Care about Britain? – Westpac Sean Callow, Research Analyst at Westpac, suggests that this week JP Morgan Chase CEO Jamie Dimon predicted that increased volatility is here to stay...

Oil Struggles to Hold on to Gains in Volatile Trade Oil prices at both the sides of the Atlantic advanced, but struggle to keep the momentum going as investors consider the possibility of a failure of joint OPEC and non-OPEC output freeze...

GBP to Remain Better Offered - FXStreet Ross Burland, Analyst at FXStreet, suggests that as we approach the 23rd June, the pound will undoubtedly remain better offered...