Roberto Jacobs / Profil

Dueling Fed GDP Trackers - BBH Analysts at Brown Brothers Harriman explained that the decentralized nature of the Federal Reserve lends itself to both a division of labor and competitive analysis...

GBP/USD Hovers Above 1.4200 GBP/USD has edged slightly lower on Wednesday but overall continues to trade within its weekly range, unable to set short-term direction in the absence of fundamental triggers. GBP/USD has continued to retreat from yesterday’s peak of 1...

USD/CHF Extends Gains Above 0.9600 The US dollar continued to recover ground against the Swiss franc on Wednesday and now is positive for the current month. Economic data from the US failed to weaken USD/CHF that hit a 2-week high during the American session at 0.9659...

AUD/USD Retreats after Testing March Highs AUD/USD is falling on Wednesday, despite weak US economic data. The pair printed a fresh daily low during the American session at 0.7635 and currently it trades at 0.7650/53, down 0.45% for the day. Falling from 0...

Bank of Canada: Little Prospect of Further Easing - ING James Knightley, Senior Economist at ING, notes that today’s statement from the Bank of Canada, suggests that there is little prospect of any easing in the near future...

EUR/USD Drops Further to Test 1.1270 The selling pressure is now gathering further steam around the euro, dragging EUR/USD to test lows in the 1.1270 region...

EUR/CAD – Drops Below 1.44 after BOC Keeps Rates Unchanged EUR/CAD fell below 1.44 handle after Bank of Canada kept key rates unchanged as expected and revised 2016 GDP forecast higher...

BoC Leaves Rates Unchanged, Downgrades Growth Outlook The Bank of Canada (BoC) kept its target for the overnight rate unchanged at 0.5%. The Bank Rate is correspondingly 0.75% and the deposit rate is 0.25...

AUD/USD Gains Capped Around 0.77 – Westpac According to strategists at Westpac, AUD’s upside appears somewhat limited around the 0.7700 handle in the near term. Key Quotes "AUD/USD found fresh buyers and pricing for a May rate cut faded to below 30% after the strong Mar NAB business survey”...

WTI Below $42.00, Losses Momentum Ahead of EIA The barrel of West Texas Intermediate has retreated from recent highs above the $42.00 mark, returning to the $41.70 area...

BoC Decision Preview: What to Expect of USD/CAD? The Bank of Canada (BoC) will announce its monetary policy decision at 14:00GMT and it is widely expected to keep rates on hold at 0.50% this month...

USD/CAD Cautiously Bearish – Scotiabank In view of Eric Theoret, FX Strategist at Scotiabank, USD/CAD's outlook remains tilted to the bearish side. Key Quotes “Trend and momentum indicators are decisively bearish”...

FXWIREPRO: BTC/USD Faces Strong Resistance at $428, Good to Buy at Dips. Major Resistance - $428 BTC/USD has slightly retreated after making a high of $426.67. It is currently trading around $424. Short term trend is slightly bullish as long as support $400 holds...

Gold Recovers to Hourly 100-MA After US Data Moderate weakness in the US dollar following a dismal US retail sales release saw gold prices recovery to hourly 100-MA level of $1247.50. Trades above 50% Fibo Prices rose to $1248.89 before falling back to trade just above $1245.37 (50% of 1283-1207...

API Reports Surplus, While WTI Awaits EIA Report - Calls Updated WTI is trading at key resistance area at $41.5/barrel...

US Retail Sales Fail to Pick Up Momentum in March - ING Rob Carnell, Chief International Economist at ING, notes that the US retail sales fall 0.3% mom in March, while the "core" rises only 0.1% mom...

FXWIREPRO: Cyclical Effects Between Uk Inflation-Brexit- BoE- GBP The inflation continues its global trend higher with UK and Sweden following the preliminary German and EU reads higher. U.K. Consumer prices went up 0.5% YoY in March of 2016 which is on track of BoE's target of 2%, following a 0...

GBP/USD Trade Idea Major Support – 1.4185 (200 day MA) Cable has recovered yesterday after making a low of 1.41965 (near 200 HMA) .It is currently trading around 1.42391. Intraday trend is slightly bullish as long as support 1.4185 holds. Any break below 1.4185 will drag the pair down till 1...

US Dollar Near 94.50, Off Highs Post-US Data The greenback, tracked by the US Dollar Index, has lost some momentum following the release of US data, leaving behind session highs near 94.70...