Roberto Jacobs / Profil

EUR/GBP Slides Further to a Fresh 6-Week Low The EUR/GBP pair's bounce on Monday was rejected at 0.7800 mark and the pair subsequently resumed its near-term weakness to test a 6-week low level of 0.7743 on Tuesday...

USD/JPY Recovers to 111.00 Mark, US Durable Goods Orders Data Eyed The USD/JPY pair profit-taking move after last week's sharp up-move seems to have found bids near 110.65-70 area, lifting the pair close to 111.00 mark handle...

Fed Policy Meeting: When Hawks Cry – BMO CM Sal Guatieri, Senior Economist at BMO Capital Markets, suggests that despite vastly improved financial conditions, faded concerns about China, and weaker deflationary pressures amid rising resource prices and a sagging dollar (down 5% on a trade-weighte...

Loonie Rebound a Brewing Problem for BoC – BMO CM Benjamin Reitzes, Senior Economist at BMO Capital Markets, notes that the loonie has rebounded with gusto since hitting its weakest level in 13 years in January, bouncing about 16...

GBP/USD Aiming to Surpass 1.4600 Mark The GBP/USD continues to build on to its previous two days of consecutive gains and has now peaked through 1.4550 mark ahead of the US durable goods orders data...

AUD/USD: Interim Peak Already Formed – Commerzbank Research Team at Commerzbank, notes that the AUD/USD’s recent rally came close to our .7850 target level (38.2% retracement of move down from 2014), and we are increasingly viewing this as a potential interim peak...

BoJ: More Carrot, Less Stick - RBS James Nelligan, Research Analyst at RBS, suggests that in order for Bank of Japan to over deliver in the eyes of markets, it may need to materially reduce the expected lower bound on the deposit rate. Key Quotes “Kuroda has said the lower bound is at least -0.4...

USD/CHF: Approaching Tougher Resistance – Commerzbank Research Team at Commerzbank, suggests that the USD/CHF is facing some tough overhead resistance circa .9787/.9833 area – this is made up of the December low, late March high and the 200 day moving average...

Commodities: Physical Re-Balancing Not Complete – Goldman Sachs Research Team at Goldman Sachs, notes that the sentiment in commodity markets has clearly shifted towards being more bullish...

US Durable Goods Orders Preview: What to Expect of EUR/USD? The US Dollar extended its weakness against most major currencies during European session, lifting the EUR/USD pair to 1.1300 round figure mark...

The Patient EUR/USD Trade – BofAML Research Team at BofAML, sees the possibility of EUR/USD declining in the near term due to a head and shoulders top pattern and seasonal headwinds...

JPY: Expect BOJ Easing this Week – Goldman Sachs Research Team at Goldman Sachs, notes that the BOJ is due to hold its next policy meeting on April 27-28 and they think the BOJ is likely to decide on further easing action this week, centered on additional ETF purchases...

Sterling Belief as Relief Rally Continues - Investec Research Team at Investec, suggests that there was a risk averse feel to currency markets yesterday (echoed in equity markets), although with major central bank policy meetings later in the week there could be an element of position squaring in...

USD/CAD Weaker Around 1.2650, Awaits US Data, BOC Poloz The USD/CAD pair is seen making minor recovery attempts over the last hour, as the US dollar pares losses against its major rivals, heading closer towards the US economic release. USD/CAD: eyes on 5-DMA at 1...

UK: Sterling's Strength Stands Out - BBH Research Team at BBH, notes that the sterling's strength is that stands out and it is difficult to attribute it to Obama's push against Brexit, but there does appear to have been a change in sentiment...

Brent: Indicators are Leaving Overbought Zone Last week, the price has reached new annual highs at the level of 46.20, which is crossed by the upper limit of the ascending channel on the daily chart and Fibonacci 50% (correction to the decline since June 2015 and the level of 65...

Brent: Is Further Rise in Oil Prices Possible? Today at 22:30 (GMT+2) American Petroleum Institute (API) will release the data on oil inventories in the US oil depot terminals for the last week. According to API oil reserves in the USA have grown by 3.1 million barrels for a week before last...

EUR/USD Retraces from 1.1300 Handle The EUR/USD pair continues to build on to its recovery momentum, but seems to get fresh offers near 1.1300 round figure mark to currently trade near 1.1280 level...

FxWirePro: This Week May Mark the End of Gold Consolidation After steady bull-run from late November to early February, Gold has moved into consolidation and ranging within $100 for past 10 weeks. Support lies around $1180-1200 area, while resistance is around $1260-1280 region...