Roberto Jacobs / Profil

China’s Pension Fund May Start Buying Stocks This Year- China Daily The state-run China Daily reported via CNBC this Monday that China's massive pension fund is mulling over investment plans in the mainland's A-shares this year, a move which could see 600 billion Chinese yuan ($92...

AUD/JPY Firmer, Heading Towards 200-DMA? The AUD/JPY cross received a double booster shot on Easter Monday, with light trading adding to the bullish under tone, driving the rate towards 85.50. AUD/JPY gains for the 3rd straight session Currently, the AUD/JPY pair rises 0.64% to 85...

US Treasury Yields Rise on Upward Revision of US Q4 GDP Treasury prices in the US dropped, pushing the yields higher after the data released on Friday revised Q4 GDP higher, largely in the back of strong personal consumption...

US: PCE Deflator and Personal Income and Spending Data Today - Nomura Research Team at Nomura, notes that the US employment grew at a faster pace in February than in January but the average hourly earnings retreated in February, falling by 0.1...

EUR/USD Holds Ground Above 1.1150 Amid USD Strength The EUR bears took a breather from their recent downslide, now allowing a tepid bounce in EUR/USD from near 1.1150 levels. EUR/USD finds support near 20-DMA Currently, EUR/USD trades modestly flat at 1.1162, trying hard to sustain above 1...

USD/JPY Extends Winning-Streak for 8th Straight Session The bullish tone behind the US dollar keeps growing bigger as we step into the key week this Monday, driving USD/JPY further towards 114 handle...

Japanese PM Abe Plans New Stimulus: Nikkei Japan’s daily, the Nikkei reported over the weekend that the Japanese PM Shinzo plans to announce a package of new spending measures on Tuesday to boost the economy...

Nikkei Leads Asian Stocks Higher on Easter Monday The Japanese and the Chinese stock markets kicked-off the week on a stronger footing amid thin trading as most Asian markets remain closed in observance of Easter Monday...

Gold Hits Fresh Monthly Lows on Rising Fed Hike Bets Gold futures on Comex reversed a brief relief rally and resumed the recent downward trajectory as the US dollar continued to remain on a firm footing in a quiet Asian session. Gold drops to test $ 1210 Currently, gold sinks -0.89% to 1212...

CFTC Positioning: Yen Longs Maintained - ANZ Analysts at ANZ explained the positioning data for the week ending 22 March 2016. Key Quotes: "Despite the dovish FOMC statement on 16 March which sent the USD sharply lower, leveraged funds did not reduce their net long USD positions...

FXWIREPRO: Nikkei225 Faces Strong Resistance Around 17300, Good to Buy at Dips Major resistance - 17300 The index has recovered after making a low of 16711.It is currently trading around 17111.Short term trend is bullish as long as support 16500 holds...

FXWIREPRO: AUD/NZD Remains Supported Above 1.12, Good to Buy on Dips AUD/NZD is trading around 1.1240 marks. Pair made intraday high at 1.1245 and low at 1.1214 marks. Intraday bias remains bullish till the time pair holds key support at 1.1197 levels. A daily close below 1...

Nikkei Rises to 1.5 Week High on Weak Yen Foreigners net sellers so far in 2016, trust banks net buyers The Nikkei gained 0.7 percent to 17,116.76 in midmorning trade after earlier hitting a high of 17,167.88, the highest level since March 17...

FXWIREPRO: Gold Breaks All the Key Supports and falls Below $1210, Intraday Bias Remains Bearish XAU/USD is currently trading around $1209 mark. It made intraday high at $1216 and low at $1208 levels. Gold opens flat at $1216 and falls after 3 -day holidays to $1208 marks...

FXWIREPRO: USD/KRW Hovers Around Key Resistance at 1172, a Break Above Targets 1193 USD/KRW is currently trading around 1171 levels. It made intraday high at 1172 and low at 1171 levels. Intraday bias remains bearish till the time pair holds key resistance at 1172 levels...

USD Underpinned by Renewed FED Hike Expectations The Dollar index recovered to 96.142 last Friday from its low of 94.578 on 18 Mar, due to renewed Fed hike expectations...

EURUSD Daily Forecast: March 28 2016 EURUSD Forecast The EURUSD had a bearish momentum last week. Price slipped above the trend line resistance but closed back below the trend line resistance created a false breakout bearish scenario as you can see on my H1 chart below...

GBPUSD Daily Forecast: March 28 2016 GBPUSD Forecast The GBPUSD had a bearish momentum last week bottomed at 1.4057. The bias is bearish in nearest term testing 1.4050. A clear break and daily close below that area could trigger further bearish pressure testing 1.3900 area...

USDJPY Daily Forecast: March 28 2016 USDJPY Forecast The USDJPY had a bullish momentum last week after a failure to make a clear break below 110.96 as you can see on my daily chart below, topped at 113.32 and hit 113.55 earlier today. The bias remains bullish in nearest term testing 114...

FXWIREPRO: USD/SGD Likely to Test Key Resistance at 1.3772, Intraday Bias Remains Bullish USD/SGD is currently trading around 1.3732 marks. It made intraday high at 1.3738 and low at 1.3705 levels. Intraday bias remains bullish for the moment. A sustained close above 1...