Roberto Jacobs / Profil

Gold Trading $1250 on Weak US Dollar Weaker US Dollar helped Gold to gain momentum on Thursday, taking the yellow metal above the closely watched $1250 level...

EUR/USD Edges Lower After US GDP, Jobless Claims EUR/USD edged slightly lower but remained in positive ground for the day following a string of disappointing US data. US GDP slowed to 0.5% in the first quarter according to the advance estimate, missing expectations of 0.7% grow...

NZD Rallying as RBNZ Left Policy on Hold - BBH Research Team at BBH, notes that after the Japanese yen, the New Zealand dollar is the strongest of the majors and is up about 1.6%, having been up closer to 2% earlier as the RBNZ left policy on hold...

EUR/JPY Tumbles Below 123.00 Level The EUR/JPY pair tumbled from early morning highs of 126.47 all the way to 122.54 and has failed to register any meaningful recovery even after such steep fall...

EUR/USD Clings to 1.1350 After German Inflation Data EUR/USD continues to trade near recent highs around 1.1350, following the release of German inflation numbers. German consumer price index fell 0.2% in April but rose 0.1% YoY, matching expectations...

FxWirePro: AUD/CAD Breaks Below 200-Dma at 0.9692, Good to Sell Rallies AUD/CAD slump post dismal Australia's CPI data on Wednesday saw the pair break below strong 200-DMA support at 0.9692. Bearish bias in the pair has risen and momentum studies heavily tilted to the downside...

USD/CHF Breaks Major Trend Line Support, Decline Till 0.9630/0.9575 Is Possible Major resistance- 0.9760 Major support - 0.9680 (trend line joining 0.9493 and 0.9584) The pair has broken major support 0.9680 and declined till 0.96610 at the time of writing. It is currently trading around 0.96579...

Oil is Favored Higher While Above 42.51 Short term Elliottwave structure suggests that rally from 35.23 on 4/5 remains alive as a triple three where wave W ended at 42.42 on 4/13, wave X ended at 37.61 on 4/18, wave Y ended at 44.49 on 4/21, and 2nd wave X pullback is proposed complete at 42...

WTI Consolidating Around $45.00 Region After closing above $45.00/barrel mark for the first time since early Nov. 2015, WTI crude oil futures seem to digest its gains around $45.00 mark...

AUD Jury is Out - Till Tuesday - Westpac Sean Callow, Research Analyst at Westpac, suggests that AUD/USD’s path to 0.80 we discussed last week has taken a huge hit from Australia’s shockingly low Q1 CPI report. Key Quotes “Whether 0...

US: Initial Jobless Claims and Q1 GDP in Focus - BBH Research Team at BBH, suggests that the US reports weekly initial jobless claims and the first estimate of Q1 GDP...

USD/JPY: Staying Bearish, Following Unwind of Longs Promised on BoJ Easing – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, notes that the BoJ policy meeting today decided to maintain current policy while some in markets speculated that the BoJ might increase ETF purchase and adopt a...

GBP/USD Fails to Sustain Above 1.4600, US GDP Eyed The GBP/USD pair made another failed attempt to sustain its strength above 1.4600 mark and the pair has now erased majority of its early gains and has dropped back below 1.4550 level...

BoJ Defied Expectations - BBH Research Team at BBH, suggests that the Bank of Japan defied expectations and its economic assessment and left policy unchanged. Key Quotes “The inaction spurred a 3% rally in the yen and an even larger slump in stocks...

Advance US Q1 GDP Preview: What to Expect of USD/JPY? The USD/JPY pair nosedived to 108.00 mark after the Bank of Japan announced the outcome of its April monetary policy meeting where the central bank surprised markets and left its monetary policy unchanged...

Fed Signals Less Global Concern but No Urgency Either – MUFG Derek Halpenny, European Head of GMR at MUFG, notes that the dollar is generally unchanged versus most currencies (except the yen and kiwi) after the April FOMC delivered few surprises...

UK: Brexit Taking More of a Toll - ING James Knightley, Senior Economist at ING, notes that the UK growth slowed to 0.4% QoQ from 0.6% in 4Q15 with the approaching referendum on EU membership likely to be a key factor that is leading to a loss of momentum...

Technical Analysis of USD/CAD for April 28, 2016 General overview for 28/04/2016: The market is trying to complete the triple zig-zag pattern in the big wave Z brown...

3 Central Banks, 3 Holds - Investec Research Team at Investec, suggests that the three central bank meetings overnight saw all three policy makers remain on hold...

RBNZ Refrains from Action – MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that prior to the surprise decision by the BOJ, the RBNZ also surprised the markets by not easing...