Roberto Jacobs / Profil

U.S. Government Bonds Flat in Quiet Trade The U.S. government bonds were trading nearly flat on Tuesday amid subdued trade with investors seeking riskier assets. The yield on the benchmark 10-year Treasury note which moves inversely to its price stood flat at 1...

USD Value, Shifts in Crude Oil Prices to Shape Value of Mexican Peso Investor confidence for emerging markets continues to mainly drive capital flows to Mexico. High volatility in Q1 has impacted the Mexican currency...

FxWireProShort Term Outlook: Brent may Decline to $37/barrel Global benchmark, Brent crude is likely to decline further from current $44/barrel level as supply pressure to build up further...

FxWirePro: US Oil Faces Strong Intraday Resistance at $44.05, Good to Sell on Rallies Major Intraday resistance- $44.05 (55 H EMA) Major intraday support - $43 US Crude has recovered slightly after making a low of $43.01 in Asian session .It is currently trading around $43.38...

Gold Upside Seems Capped Near $1270 Gold seems to consolidate below $1270 level after registering a steep fall on Monday and is currently trading near 2-week low...

US Dollar Keeps Highs Near 94.30 The greenback, tracked by the US Dollar Index, is extending its upside momentum today and is now hovering over highs around 94.30...

GBP/USD Holds Onto Daily Gains GBP/USD is trading firmer on Tuesday, supported by positive sentiment across financial markets and better-than-expected UK trade readings. GBP/USD climbed to a daily peak of 1.4465 but found resistance and retreated. However, the pullback was contained by the 1...

EUR/GBP Drops Back to 0.7870 Confluence Support The EUR/GBP pair remains intact within a broad trading range but is now heading towards session low level of 0.7870, the lower end of the range. The pair has been oscillating within a broad trading range with 50-day SMA (near 0...

GBP/USD Bulls are Losing Their Breath The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar...

NZD/USD Outlook Shifted to Bearish – UOB The perspective for the Kiwi dollar has now shifted to the bearish side from neutral, suggested the research team at UOB Group. Key Quotes “The ease of which the strong support at 0...

FxWirePro: ECB's Negative Rates and Further App Dampen Euro's Growth, OTC Indications to Substantiate - Hedge Euro Euro gained against dollar about 8...

Iron Ore Decline Additional Pressure for Aussie Three factors worked behind Australian Dollar’s 1000 pips gain against Dollar since January...

Saudi Aramco Plans to Expand Production After major reshuffle over the weekend, which saw reassigning Ali-al-Naimi, Saudi Arabia’s two decade long oil minister to the advisor to the court and replaced by chairman of Saudi Aramco, Khalid al-Falih, Saudi Aramco’s chief executive officer said Aramco...

ECB Likely to Cut Rate in June, More Stimulus Likely in September The European Central Bank is expected to adopt further policy easing in June, with more stimulus measures likely in September, after it had cut rates in March this year...

Inflation Trends Remain Weak for UK, Eurozone and US Despite Oil Price Rally The rally in global oil prices that had given some positive news for global inflation trends in early 2016 started again in April, with Brent crude reaching about USD 45 per barrel...

USD/JPY Extends the Upside Beyond 109.00 The Japanese Yen remains on the defensive today, helping USD/JPY to regain fresh 2-week tops beyond 109.00 the figure...

Oil Erase Early Gains but Still Holding Above $43.00 Mark WTI crude oil prices erased its early gains to nearly $44.00/barrel mark to trade absolutely flat from Monday's volatile session closing low of $43.30, ahead of the weekly API inventory data...

USD/CAD Back to Positive Near 1.2980 After bottoming out in the 1.2920 area, the greenback has managed to regain momentum and lift USD/CAD back to the area of session tops near 1.2980...

European Bonds Mixed on Firm Risk Sentiments Amid Brexit Fear The European bonds were trading mixed on Tuesday as investors shifted to safe-haven assets amid gains in riskier assets including stocks and oil. Also, bond prices were supported by the recent polls which showed the outcome of the U...

AUD/USD Pullback Looks Exhausted – UOB In view of analysts at UOB Group, the downside momentum in the Aussie dollar could be running out steam in the near term. Key Quotes “While a move below 0...