Roberto Jacobs / Profil

Gold Weaker Ahead of US GDP The precious metal is extending its bearish note at the end of the week, navigating the area of 3-month lows around $ 1,1215 per troy ounce...

FTSE Poised for Second Successive Weekly Gain Barring a dramatic about turn later today the FTSE 100 is set to post another week of gains after breaking a series of lower closes last Friday...

Cable Gets Some Love as Buyers Lift the Quid - G7 on FX: •We affirm our existing exchange rate commitments to market determined fx rates •Will consult closely in regard to actions in fx markets •We reaffirm our commitments to keep markets open, fight all forms of protectionism •We reaffirm our fi...

Oil Dips Below $49.00 Mark On Profit-Taking After tapping $50.00/barrel mark on Thursday for the first time since Oct. 2015, WTI crude oil future failed to retain its strength above the psychological mark and the rally fizzled, dragging the commodity lower...

EUR/USD Challenges Lows Near 1.1170, US GDP Eyed The single currency is accelerating its daily decline today, sending EUR/USD to the area of 1.1170, or session lows. EUR/USD lower ahead of US GDP Spot is fading yesterday’s spike to the 1...

USD/JPY Subdued Below 50-DMA Ahead of US GDP Release The USD/JPY pair eased off from the vicinity of 110.00 handle and has now dipped back below 50-day SMA to currently trade near 109.65, few pips off day's through level of 109.55...

JPY: All or Nothing - Commerzbank Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that after three years of Abenomics, the development of the economy and inflation in Japan is disappointing...

USD Index: Bulls Continue To Dominate; More Upside In View After Wave 4 on the sharp rise and has reached our minimum upward projections at 95...

Gold Rejected at 1HR 50-SMA, but Holds 100-DMA Ahead of US GDP The recovery in the yellow metal from eight-week troughs faltered at hourly 50-SMA located near 1123.50, and from there the spot now reverts towards 100-DMA resistance-turned support at 1216.40...

GBP/USD Forecast: Pound Still Strong The Pound continues shedding ground this Friday, with the GBP/USD pair advancing up to 1.4688 following the London opening, from where it turned south to post a fresh 2-day low of 1.4620...

Daily Recommendations on Major USD/JPY DAILY MARKET OUTLOOK on Major USD/JPY Update Time: 27 May 2016 08:12 GMT USD/JPY - 109.75 Despite dlr's erratic rise from 109.11 (Monday) to 110.45 (Wednesday), yesterday's selloff to 109.42 in Asia signals 'choppy' trading below last Fri's 3-wk peak at 110...

FTSE Pairs Gains, USD Flat The US dollar remained soft across the board as the probability of a June rate hike slightly weakened throughout this week. The market gives a 38% chance for the Federal Reserve (Fed) to raise rates at the June meeting...

EUR/USD Points to a Test of 1.1230 – UOB In view of the research team at UOB Group, EUR/USD remains poised for a test of the 1.1230 area in the next 1-3 weeks. Key Quotes “The unexpected strong rebound in EUR appears to have to scope to extend higher but at this stage, a sustained move above 1...

EUR/USD Forecast: Stuck at 1.1180 Ahead of US GDP The FX board is extremely quiet this Friday, with most majors trading within Thursday's ranges, and the EUR/USD still stuck around the 1.1180 region...

Daily Technical Outlook & Trading USD/CHF DAILY USD/CHF TECHNICAL OUTLOOK Last Update At 27 May 2016 02:08GMT Trend Daily Chart Up...

USD/CHF Tracks USD Higher Ahead of US GDP, Yellen Despite falling oil prices, the USD/CHF pair recovered sharply and swung back above 0.99 handle, finding support from a minor-recovery in the European equities and a broadly higher greenback. USD/CHF holds 0...

GBP/USD Bounces Off 1.4620 Ahead of US GDP The sterling is trading on a bearish fashion today, with GBP/USD around 1.4650 after dropping to 1.4620. GBP/USD weaker pre-GDP Spot is retreating further at the end of the week following recent ‘double-tops’ in the vicinity of 1...

USD/CAD Bounces Higher to 1.3050 as Oil Sell-Off Extends The US dollar fought back the bids from its Canadian counterpart in the European session, with USD/CAD having brought an end to its three-day decline. USD/CAD extends beyond 1.3000 Currently, the USD/CAD pair jumps +0...

USD/JPY a Test of 108.45 Not Ruled Out – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could slip towards the 108.45 level. Key Quotes “USD/JPY continues to back away from the 55 day ma and currently we remain unable to rule out a slide to 108.45”...

EUR/SEK Flirting With Highs Near 9.2800 The Swedish krona is depreciating further vs. the euro today, with EUR/SEK now advancing to daily highs near 9.2800 the figure...