All Blogs

To add a new post, please log in or register
Fair Value in USD/JPY – Deutsche Bank George Saravelos, Strategist at Deutsche Bank, suggests that the Japan’s biggest problem with the current yen rally is that it is justified by fundamentals. Key Quotes “Across most of our metrics USDJPY is still expensive or only just approaching fair value...
Analytics & Forecasts
  • 35
  • 2
Roberto Jacobs, 11 April 2016, 12:59
UK: Inflating the Risks? - ING James Knightley, Senior Economist at ING, suggests that the UK headline inflation is likely to stay low in the near term, but with sterling having plunged and commodity prices nudging higher, imported inflation could rise sharply in 2H16...
Analytics & Forecasts
  • 332
  • 2
Roberto Jacobs, 11 April 2016, 12:56
EUR/GBP Sinks to Lows Near 0.8000 The increasing buying interest around the British pound is now relegating EUR/GBP to trade in fresh lows in the boundaries of the psychological support at 0.8000. EUR/GBP lower on GBP/JPY buying GBP has been rallying vs...
Analytics & Forecasts
  • 35
  • 2
Roberto Jacobs, 11 April 2016, 12:52
USD/JPY Hit a Fresh 17 Month Low - Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that the USD/JPY hit a fresh 17 mth low prompting accusation from Chief Cabinet Secretary Suga that the recent currency moves were one-sided and speculative and the government would take steps as ne...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 11 April 2016, 12:51
Short CHF/JPY – Deutsche Bank Research Team at Deutsche Bank, suggests to go short on the CHF/JPY as their preferred G10 trade of the week with entry being 113.30 level, while maintaining a stop loss of 118.50 for the target of 101.50...
Analytics & Forecasts
  • 30
  • 2
Roberto Jacobs, 11 April 2016, 12:49
GBP/JPY Stuck at Hourly 100-MA Short unwind in GBP/JPY that gathered pace in Europe appears to have come to halt around hourly 100-MA located at 154.03 levels. Profit taking after 1000-pip drop The cross suffered more than 1000 pip drop during last week’s Yen rally...
Analytics & Forecasts
  • 29
  • 2
Roberto Jacobs, 11 April 2016, 12:48
FXWIREPRO: BTC/USD Consolidates in Narrow Range, Good to Buy at Dips Major support - $400 BTC/USD has slightly retreated after making a low of $412 yesterday. It is currently trading around $419.72. Short term trend is slightly bullish as long as support $400 holds...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 11 April 2016, 12:46
Political Pressure on the ECB Escalated - Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that the political pressure on the ECB has stepped up a few notches after German Finance Minister Schauble blamed ECB policies for a rise in support for Germany’s rightwing Alternative for Ge...
Market News
  • 30
  • 2
Roberto Jacobs, 11 April 2016, 12:41
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, April 11th EUR/USD stuck between strength in Yen and resulting weakness in EUR/JPY cross and EUR/GBP strength. Falling Fed rate hike bets is also ensuring the downside remains protected...
Analytics & Forecasts
  • 21
EEAnalytics, 11 April 2016, 12:41
Return of Grexit Fears Unlikely – Deutsche Bank Research Team at Deutsche Bank, suggests that a return of Grexit fears as being unlikely over the coming weeks...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 11 April 2016, 12:39
Fed Speakers Along with BoE and BoC to Take Centre Stage This Week – Rabobank Jane Foley, Senior FX Strategist at Rabobank, suggests that there are no key data releases today although scheduled speeches from the Fed’s Dudley and Kaplan will ensure the outlook for Fed policy remains a prime focus...
Currency
  • 30
  • 2
Roberto Jacobs, 11 April 2016, 12:37
EUR/CHF Door Open for a Test of 1.0737 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the cross could slip towards the 1.0730 area. Key Quotes “EUR/CHF has recently broken down from a triangle, our bias is negative”. “Last week it reached the 1...
Analytics & Forecasts
  • 45
  • 1
Roberto Jacobs, 11 April 2016, 12:34 #eurchf
Data dependence is still a theme that could dominate over a longer-term basis, but I struggle to see it as a theme on a data point to data point basis...
Analytics & Forecasts
  • 46
  • 1
Vasilii Apostolidi, 11 April 2016, 12:33 #CPI
USD/JPY Eyes Support in the Mid-106.00s – UOB The research team at UOB Group indicated the next relevant support is located in the mid-106.00s. Key Quotes “The next significant support for USD is much further down at 106.50”...
Analytics & Forecasts
  • 27
  • 1
Roberto Jacobs, 11 April 2016, 12:32
Although the GBP depreciated this week, it continues to trade within the last few weeks trading range. While a constructive growth outlook is keeping inflation and rate expectations supported, intact Brexit fears are keeping fresh buying interest low...
Analytics & Forecasts
  • 28
  • 1
Vasilii Apostolidi, 11 April 2016, 12:32 #forex
GBP/USD Remains at the Mercy of GBP/JPY Cross Yen remains at the center stage of the FX markets; guiding other majors like GBP/USD via action in the GBP/JPY cross. Cable backs off from daily highs The spot now trades around 1.4220 after having clocked a high of 1.4227 levels...
Analytics & Forecasts
  • 45
  • 1
Roberto Jacobs, 11 April 2016, 12:30
EUR/USD: Neutral: Likely in a broad 1.1330/1.1495 range. We have held a neutral view for more than 2 weeks and there are no signs that the current consolidation phase is about to end soon. In other words, we continue to expect this pair to trade between 1.1330 and 1.1495 for now...
Earnings Season Start, Fed Comments in Focus for Currency Markets Talking Points: Aussie and NZ Dollars, Yen oscillate with stock prices in Asian trade Fed-speak may set the stage for US Dollar recovery later in the week Corporate earnings reporting season may spill over into FX markets...
Analytics & Forecasts
  • 39
  • 1
Mohammed Abdulwadud Soubra, 11 April 2016, 12:16
Pivot Points-Weekly Last Updated: Apr 9, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.07557 1.10408 1.1215 1.13259 1.15001 1.1611 1.18961 USD/JPY 107.883 110.101 110.845 112.319 113.063 114.537 116.755 GBP/USD 1.3577 1.39206 1.40702 1.42642 1.44138 1.46078 1.49514 USD/CHF 0.91671 0...
Market News
  • 73
Mohammed Abdulwadud Soubra, 11 April 2016, 12:15
Pivot Points-Daily Last Updated: Apr 9, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11551 1.12716 1.13234 1.13881 1.14399 1.15046 1.16211 USD/JPY 104.095 106.333 107.249 108.571 109.487 110.809 113.047 GBP/USD 1.38688 1.39774 1.40161 1.4086 1.41247 1.41946 1.43032 USD/CHF 0.9433 0...
Market News
  • 39
Mohammed Abdulwadud Soubra, 11 April 2016, 12:13