Roberto Jacobs / Profil

AUD: How High Can 3s Trade? – RBC CM Research Team at RBC Capital Markets, notes that the Australian 3s have shifted into higher trading range and will be well supported back towards cash. Key Quotes “Recent history suggests that 3s can test 40bp through (1.35% / 98.65 on 3y futures...

AUD/USD: Bears Relentless on Increased Odds of RBA Rate Cuts The bears tightened their grip on the AUD during the European session, smashing AUD/USD to fresh twelve-week lows near 0.7150 levels. AUD/USD eyes 0.71 handle Currently, the AUD/USD pair sinks -0.90% at 0...

JPY Remains the Cheapest Currencies of the Majors - BNZ Jason Wong, Currency Strategist at BNZ, suggests that it was a deadly quiet start to the trading week, with little to report other than yesterday’s strengthening of the Yen...

Dollar Bulls or Risk Aversion – Investec Research Team at Investec, notes that yesterday's market reports that German company Bayer were to make an all-cash bid of $62 billion Dollars for US based Monsanto (to create the world's biggest supplier of farm chemicals and genetically modified seeds) f...

Technical Analysis of USD/CAD for May 24, 2016 General overview for 24/05/2016: As anticipated yesterday the wave iv corrective cycle is currently unfolding just above the weekly pivot at the level of 1.3056...

Technical Analysis of Silver for May 24, 2016 Technical outlook and chart setups: Silver is also seen to be trading lower at $16.28 level at this moment, and it is expected to find support at $16.00 level. Please note that fibonacci 0.618 support is also at $16...

Technical Analysis of Gold for May 24, 2016 Technical outlook and chart setups: Gold is seen to be trading lower at $1,245.00/46.00 levels for now, just below the trend line support as depicted here. Please note that the metal is still holding fibonacci 0...

Technical Analysis of USD/JPY for May 24, 2016 USD/JPY is expected to continue its downside movement. Overnight U.S. indexes dipped in light trading volume, dragged by utilities shares...

Technical Analysis of USD/CHF for May 24, 2016 USD/CHF is expected to trade with a bullish bias. The pair failed to break its nearest resistance at 0.9925 yesterday and is currently posting some consolidations...

Technical Analysis of NZD/USD for May 24, 2016 NZD/USD is expected to trade in a lower range as a bias remain bullish. The pair has struck against its key resistance at 0.6670 yesterday, and is turning down...

GBP/USD Volatile Below 1.4600 Post-BOE Carney Having spiked just ahead of 1.46 handle post BOE MPF annual report release, the GBP/USD pair slipped back below the last, falling as low as 1.4565, before recovering ground last minutes. GBP/USD re-takes 1.4600? Currently, GBP/USD jumps +0.70% to 1...

EUR/USD Still Eyes 1.18 in 12-Month – Danske Bank Analyst at Danske Bank Kristoffer Lomholt believes the pair could edge higher towards 1.18 in a year’s view. Key Quotes “We still look for some more short-term EUR/USD downside on cleaner positioning and the cyclical picture favouring the US”...

Further Rangebound Seen in AUD/USD – UOB The research team at UOB Group believes the Aussie dollar could extend its consolidative pattern between 0.7150 and 0.7350 in the next weeks. Key Quotes “In line with expectation, AUD rebounded to test the 0.7260 resistance (exact high of 0...

Technical Analysis of EUR/JPY for May 24, 2016 Technical outlook and chart setups: The EUR/JPY pair is trading at intraday lows at 122.50 level at this moment, and should be setting up for a continued drop lower below 121.40 level going forward. The pair had reversed from fibonacci 0...

Technical Analysis of GBP/JPY for May 24, 2016 GBP/JPY is under pressure. Currently trading at 159.55, the pair has been capped by its descending 20-period moving average and remains under pressure. And the declining 50-period moving average also maintains a bearish bias. As long as 159...

EUR/GBP Slammed to 0.7665 After BoE comments Extending its slide from session peak of 0.7751, the EUR/GBP pair downfall intensified after BOE MPC Annual Report indicated that UK inflation is likely to rise gradually through 2016...

European Bonds Rise Modestly on Weak Crude Prices The European bonds traded modestly firmer on Tuesday as decline in oil price pushed investors’ inflation expectations lower and supported demand for safe-haven assets...

GBP/USD Forecast: Pressuring 1.4550, Critical Resistance The GBP/USD pair surged towards the high posted on Monday following London's opening, fueled by a sharp decline in the EUR/GBP cross, as the common currency entered sell off mode, plummeting to fresh lows against most of its major rivals...

EUR/GBP Could Test 0.7360 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the European cross could slip towards the 0.7360 region. Key Quotes “EUR/GBP is seeing a small bounce higher from...

EUR/USD Forecast: Bearish Acceleration, 1.1120 at Sight After Monday's pause, the greenback resumes its rally, broadly higher against most of its major rivals but the Pound. European equities opened sharply higher, but the EUR/USD pair fell to a fresh two-month low of 1.1168...