Roberto Jacobs / Perfil

NZD: Scope for Short-term Rates to Move Lower Over Time - ANZ Research Team at ANZ, suggests that with the market not fully pricing in the 50bps of RBNZ cuts they expect over 2016, there is scope for short-term rates to move lower over time...

ECB: Less Focus on Rates, More on Volumes – Rabobank Research Team at Rabobank, notes that the ECB announced a comprehensive easing package on 10 March, including a 10bp deposit rate cut, new 4-y TLTROs and an expansion of QE by EUR20bn to EUR80bn a month, with IG non-bank corporate sector bonds...

USD/CAD Upside Capped Around 1.3100 The Canadian dollar is giving away part of the recent gains vs. its neighbor on Wednesday, with USD/CAD trading on a firm note near 1.3080...

Currency Truce and Polanyi’s Paradox – SocGen Research Team at Societe Generale, notes that the term ‘Currency Wars’ was used by Brazil’s erstwhile Finance Minister, Guido Mantega, in September 2010 in response to moves by some (Asian) countries to resist upward pressure on their currencies from...

ECB Speakers in Focus Today – Danske Bank Research Team at Danske Bank, suggests that a few ECB appearances scheduled with both Lautenschlaeger and Weidmann set to speak today...

GBP/USD Weakness Persists, Slides Below 1.42 Sterling is once again being offered in early Europe leading to a break in the GBP/USD pair below 1.42 levels on increased Brexit fears. Offered at 1.4227 The spot turned lower from the Asian session high of 1...

EUR/GBP Wobbles Around 0.7900 EUR/GBP is trading almost unchanged on Wednesday, keeping the trade in the upper bound of the in the boundaries of 0.7900 the figure...

Technical Analysis of Silver for March 23, 2016 Technical outlook and chart setups: Silver hit $15.95/16.00 levels yesterday and reversed lower as expected. The metal is trading at $15.75 levels at the moment, looking to drop lower towards $15.40 and further as depicted here...

Technical Analysis of Gold for March 23, 2016 Technical outlook and chart setups: Gold has dropped lower after hitting resistance at $1,260.00 levels yesterday, a tad bit higher than expected but the direction has been lower since then. The metal is seen to be trading at $1,235.00/36...

Technical Analysis of GBP/CHF for March 23, 2016 Technical outlook and chart setups: The GBP/CHF pair dropped lower below 1.3880 levels yesterday, taking stops out on long positions. The pair is still holding above the 1...

Technical Analysis of EUR/JPY for March 23, 2016 General overview for 23/03/2016: The abc green corrective cycle in wave (ii) had been completed at the level of 124.67...

Technical Analysis of USD/CAD for March 23, 2016 General overview for 23/03/2016: The market is still trading inside of a very tight range, just below the weekly pivot and inside the bearish zone. The last leg of the corrective cycle in wave Z brown might have been completed at the level of 1...

Technical Analysis of EUR/USD for March 23, 2016 When the European market opens, some economic news will be released such as the German 30-y Bond Auction. The US will release economic data too such as Crude Oil Inventories and New Home Sales...

Technical Analysis of USD/JPY for March 23, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Crude Oil Inventories and New Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...

Daily Analysis of Major Pairs for March 23, 2016 EUR/USD: The bullish outlook on this pair is now in a precarious situation. The market could continue going downwards and there is a possibility that the bears might come in and push the price further downwards...

Daily Analysis of USDX for March 23, 2016 The Index is currently doing a consolidation move above the 95.44 level, which is very close to the 200 SMA price zone on the H1 chart...

Daily Analysis of GBP/USD for March 23, 2016 The pair is trading with a very strong intraday bearish bias, as the Cable is consolidating below the 200 SMA on the H1 chart and currently we can expect a little rebound above the support zone of 1.4200...

GBP/JPY Forms Hammer Pattern, Break Above 159.80 Confirms Further Bullishness Candlestick Pattern – Hammer Major resistance – 159.80 The pair has recovered after making a low of 158.44.It is currently trading around 159.46. Short term trend is slightly bullish as long as support 158.50 holds...

EUR/USD Bears Remain in Control as Fed Doves Turn into Hawks The dollar maintains the bullish tone, pushing the EUR/USD pair back to near 1.12 handle as markets focus on growing number of hawks at the Federal Reserve...

Fed Officials Lower Sights on r* Again – Goldman Sachs Research Team at Goldman Sachs, suggests that the equilibrium real rate—or r* (“r star”)—implied by Fed officials’ projections has fallen steadily since 2012 and is negative for the next two years, under a standard policy rule...