Roberto Jacobs / Profil

FXWIREPRO: BRL on 8 Month's Highs After Descending Triangles' Base - Short for more Bearish Potential BRL (Brazilian Real) against USD hits at 3.4850 to flash a fresh 8 months highs. USD/BRL forms a descending triangle pattern which is bearish continuation trend...

End of FX Wars? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that following the G20 meetings earlier this year there were plenty of rumours that the US had demanded that other central banks ease back from monetary policies that led to USD strength...

Silver Jumps to Near 6-Month High Silver prices in the USD terms or XAG/USD rose to $16.183, which is the highest level since Oct 28, 2015 as falling Fed rate hike bets continues to support precious metals. Prices currently trade around $16.10. The previous cyclical high stands around $16...

Analytical Review of the Currency Pair AUD/USD Technical data of the currency pair: Previous closing: 0.7595; Daily range: 0.7583-0.7652; Opening: 0.7595; 52- week range: 0.6824-0.8168; Annual revenue: -1.18%; Change in % for the previous day: +0.38...

Germany: War of Words with ECB - ING Carsten Brzeski, Chief Economist at ING, suggests that the German criticism on the ECB’s monetary policy throughout the crisis is not new but in recent days, however, it has entered a new stage...

US Session Includes Fed Speak and Import Prices Data - BBH Research Team at BBH, suggests that the US session features import prices, where the risk is on the upside after a 0.3% decline in February. Key Quotes “Three regional Fed presidents speak (Harker, Williams, and Lacker...

USD/JPY Choppy Near 108.30, Fedspeak on Sight USD/JPY remains in a consolidative pattern in the low-108.00s for the time being, slightly rebounding from recent multi-month troughs near 107.60...

UK: Extension of Sterling's Recovery - BBH Research Team at BBH, suggests that the highlight in the foreign exchange market today is the extension of sterling's recovery...

CAD: BoC Preview/Made in the US - ING Viraj Patel, Foreign Exchange Strategist at ING, suggests that the tighter financial conditions will be a concern for BoC’s governor Poloz...

EUR/NZD Analysis for April 12, 2016 Recently, EUR/NZD has been moving downwards. As I had expected, the price tested the level of 1.6544 in a high volume. EUR/NZD has broken the upward channel. So, only watch for selling opportunities on the rallies...

CAD/CHF Faces Strong Resistance at 0.7410, Break Above Targets 0.7450/0.7515 Major resistance – 0.7410 (trend line joining 0.75168 and 0.7457) Minor support – 0.7370 CAD/CHF is facing strong resistance around 0.7410 and any break above confirms minor trend reversal .The pair has made a high of 0...

RUB More Vulnerable to Further Tightening of US Fed Policy in 2016 Since February, the USD/RUB pair has moved 13% lower and has closely tracked the move higher in crude oil...

BoC in Neutral Mode at April Meet, Focus Likely to be on the Monetary Policy Report The Bank of Canada (BoC) holds its next policy meeting on Wednesday, 13th April. While no change in policy is expected, the central bank's new growth forecasts will be watched...

USD/CAD Depressed Below 1.2900, Focus on Fedspeak The Canadian dollar remains on a firm footing today, now dragging USD/CAD to the 1.2870 area. USD/CAD lower on oil, USD selling The barrel of West Texas Intermediate has advanced to fresh highs above the critical $40...

EUR/USD Constructive Above 1.1340 – Rabobank Strategists at Rabobank keep the constructive outlook for the pair while above the 1.1340 pivot. Key Quotes “After fairly volatile March, EUR/USD has been trading in a relatively narrow range so far this month”...

ECB’s Weidmann – Monetary Policy Stance Appropriate at the Moment European Central Bank (ECB) governing council member and Germany’s Bundesbank president Jens Weidmann told the FT in an interview last Thursday called bank’s policy stance as “appropriate”...

UK Headline CPI Rose 0.5% y/y to March - TDS Research Team at TDS, notes that the UK headline CPI rose 0.5% y/y to March, up from 0.3% in Feb, while core prices also rose faster than expected, rising from 1.2% to 1.5...

EUR/USD Trims Gains, EUR/GBP Weakness Weighs Drop in EUR/GBP cross post strong UK CPI release has pushed EUR/USD pair back to 1.1418 (23.6% of 1.0463-1.1714). Fades spike to 1.1460 Once again the spike to 1.1460 levels was met with fresh offers...

Further Gains in EUR/USD Would be a Blow to the ECB - Rabobank Piotr Matys, EM FX Strategist at Rabobank, suggests that after fairly volatile March, EUR/USD has been trading in a relatively narrow range so far this month...

EUR/GBP Failure Expected at 0.8162/0.8200 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the upside in the cross could struggle in the 0.8162/0.8200 band...