Roberto Jacobs / Profil

Weekly Focus: FOMC Minutes & Housing FOMC Minutes Serve as Another Attempt to Boost Optimism for June Rate Hike April’s FOMC meeting minutes (Wednesday) may be lagged but they have the potential to shift expectations on another rate increase in the near future...

AUD/USD: the Recovery Continues, Now Through 100 DMA AUD/USD has dropped from 0.7834 highs this year and has resumed the downside to score lows of 0.7244, penetrating the 200 dma at 0.7258. AUD/USD has since recovered in a bounce from the lows and below the 200 dma to score a high of 0...

XAU/USD: the Price is Going to the Lower Limit of the Ascending Channel - Technical Analysis of 17.05.2016 Review and dynamics Since the beginning of this year the price of gold has grown by 24% from the level of 1048...

XAU/USD: The Price of Gold is Going Down Today - Fundamental analysis of 17.05.2016. World stock indices are growing and investors’ risk appetite is growing as well. By the end of the session on Monday, Japanese stock index Nikkei Stock Average closed with the rise of 0...

Silver Set for Sharp Move, but Which Direction On the back of today’s US macro data, which have all been stronger than expected, you would expect the dollar to rally. After all, the Consumer Price Index (CPI) rose by 0.4% in April, housing starts jumped 6...

Bitcoin: Remains above $450 In short: short speculative positions, target at $153, stop-loss at $515. Banks are looking into the possibility to come up with their own versions of Blockchain. At the same time, none of these emerging solutions are as tested in real life as Bitcoin itself...

EUR/USD Still Below 20 DMA, awaits Next Catalysts EUR/USD remains better bid, despite the US CPI data that builds a case for a June hike from the Fed. EUR/USD recovered to 1.1348 highs earlier on the US opening spike from 1.1311, but has since drifted sideways after a little profit taking...

AUD: Post-RBA Minutes Rebound Provides A Selling Opportunity - Morgan Stanley We view the overnight AUD rebound launched by the release of RBA minutes as providing a selling opportunity...

FTSE Gains Erased in Topsy-Turvy Day FTSE punishes those chasing early gains US CPI raises chance of June hike UK manufacturing in decline as prices fall An impressive batch of US data has helped compound equity weakness that had one foot in the European stock markets today...

USD/CHF Retreats Rejected from 0.9800 USD/CHF reached levels on top of 0.9800 for the first time since mid-March but it was rejected and pulled back, erasing all day’s gains. The pair recently bottomed at 0.9751 and it was trading at 0.9757/60, down 0.18% for the day...

GBP/USD is a Fade Back to 1.4350 - Scotiabank Analysts at Scotiabank explained the technical conditions surround GBP/USD. Key Quotes: "Cable’s rebound stalled in the low 1.45 area earlier, where the last two Cable rallies have failed...

US CPI Supports Fed’s Inflation Outlook - Wells Fargo According to analysts from Wells Fargo, today’s US CPI numbers support the Federal Reserve outlook that inflation is gradually trending toward its target...

NZD/USD: Bulls in Charge Hunting Down Key Resistance NZD/USD has rallied to take on the previous intra-session highs with some more ground to cover before 0.6847 highs of 12th May are met or exceeded...

Less Volatility than Expected in the FX Markets We were expecting a little more volatility in the FX markets today, with the data releases offering a little more perspective on interest rate policy. In the US, the CPI numbers were as expected, with the core y/y rate easing back a touch to 2...

NOK, CAD: Its All about Oil? - Rabobank Jane Foley, Research Analyst at Rabobank, notes that yesterday Nigerian oil Minister Emmanuel Ibe Kachikwu reportedly stated that the country’s oil production had fallen by almost 40% to 1.4 b/d due to militant attacks on facilities in the Delta region...

Fed: June Rate Hike Chances Growing - ING Rob Carnell, Chief International Economist at ING affirms that recent economic data and current financial conditions increased the chances of a rate hike from the Federal Reserve at the June meeting Key Quotes: “With inflation heading back in the right di...

USD/JPY Erases Gains and Hits Fresh Lows Under 109.00 USD/JPY rose toward daily highs after US CPI data but then turned to the downsides and it has been falling constantly since then. Recently it dropped below 109.00 and currently trades at 108.95. It printed a fresh daily low at 108.82...

FxWirePro: Hedge Renewed Aud Weakness Upon Risks of RBA'ss Easing Cycle The RBA doesn’t seem to have finished cutting interest rates, and markets should refocus on China woes in H2...

Crude Oil Rally Boosts Risk Assets, Commodity Currencies It has been a remarkable year for crude oil and market participants that specialize in this particular market...

Gold Tests Highs Around $1,280, Fedspeak Eyed The ounce troy of the precious metal is extending its weekly advance today, testing daily tops in the $1,280 area...