All Blogs

To add a new post, please log in or register
Fed: On the Wings of a Dove - Investec Research Team at Investec, suggests that despite hawkish comments from various Federal Reserve members since the decidedly dovish FOMC statement earlier this month, Fed Chair Janet Yellen stuck to her dovish tone from the central bank meeting in a speech yes...
Market News
  • 46
  • 1
Roberto Jacobs, 30 March 2016, 12:50 #Fed
Yellen's speech resulted in the increase of #Gold. #Quotes have already reached the upper limit of the current short-term downtrend channel. Here, due to the achievement of the important technical level, the situation may change. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 40
Vistabrokers CIF Ltd, 30 March 2016, 12:50 #Trading
AUD/USD: Buyers Clustered Around 0.7450 – Westpac In view of strategists at Westpac, buyers of the Aussie dollar could be clustered around the mid-0.7400s...
Analytics & Forecasts
  • 52
  • 1
Roberto Jacobs, 30 March 2016, 12:48
German Inflation Likely to Snap Out of Negative Territory - TDS Research Team at TDS, notes that the regional German CPI data point to a positive print for the HICP release. Key Quotes “We had gone into the day flagging upside risks to the consensus of 0...
Market News
  • 33
  • 1
Roberto Jacobs, 30 March 2016, 12:46
AUD/USD Upside Capped at 0.7700 The upside momentum around the Aussie dollar has faltered ahead of the 0.7700 handle today, with AUD/USD retreating towards the 0.7665/60 band...
Analytics & Forecasts
  • 36
  • 1
Roberto Jacobs, 30 March 2016, 12:44
Economic Sentiment Tumbles for Eurozone - ING Bert Colijn, Research Analyst at ING, notes that the economic sentiment indicator for the Eurozone decreased by 0.9 points to 103 in March...
Market News
  • 40
  • 1
Roberto Jacobs, 30 March 2016, 12:43
ECB's Weidmann Warns Against Brexit In an interview to Germany's Funke Mediengruppe, published via Reuters on Wednesday, ECB policymaker and Bundesbank President Jens Weidmann issued a warning against Britain’s exit from EU...
Market News
  • 30
  • 1
Roberto Jacobs, 30 March 2016, 12:41
Eurozone Economic Confidence At 13-Month Low Eurozone economic sentiment fell to a 13-month low in March, survey results from the European Commission showed Wednesday. The economic sentiment index came in at 103 versus 103.9 in February. This was the lowest reading since February 2015...
Market News
  • 26
  • 1
Roberto Jacobs, 30 March 2016, 12:00
Pound Weakens Against Majors Reversing direction, the pound dropped against the other major currencies in European morning deals on Wednesday. The pound eased to 1.3868 versus the franc, 0.7871 versus the euro and 1.4387 against the greenback, from its early highs of 1.3933 and 0...
Analytics & Forecasts
  • 49
  • 1
Roberto Jacobs, 30 March 2016, 11:58
GBP/USD Off Highs, Back Below 1.4400 After climbing as high as 1.4450 earlier in the session, GBP/USD has now eased some pips and returned to the 1.4400 neighbourhood...
Analytics & Forecasts
  • 41
  • 1
Roberto Jacobs, 30 March 2016, 11:55
AUD/USD Could Visit 0.7850 – Commerzbank The Aussie dollar could see its upside extended towards the mid-0.7800s vs. the greenback, according to Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “AUD/USD has seen a strong recovery off the 23.6% retracement support at...
Analytics & Forecasts
  • 44
  • 1
Roberto Jacobs, 30 March 2016, 11:53
USD/CAD Faces Double Whammy, 1.30 Tested The USD/CAD pair staged almost a 40-pips recovery from just ahead of 1.30 handle, now attempting to regain 1.3050 amid broad based US dollar weakness. USD/CAD drops for the 3rd straight session Currently, the USD/CAD pair drops -0.23% to 1...
Analytics & Forecasts
  • 32
  • 1
Roberto Jacobs, 30 March 2016, 11:48
USD/JPY Top in Place? – UOB The research team at UOB Group suggested that a top near the 114.00 could be in place for USD/JPY. Key Quotes “The expected corrective rebound has likely topped out at 113.80 yesterday (falling short of our target at 114.00)”...
Analytics & Forecasts
  • 37
  • 1
Roberto Jacobs, 30 March 2016, 11:46
Buy the Dips Towards 112.00 in USD/JPY – Westpac In view of strategists at Westpac, pullbacks towards the 112.00 handle are considered as buying opportunities. Key Quotes “Last week’s soft PMI data confirms the industrial sector is doing it tough (new orders at lows back to Jan 13...
Analytics & Forecasts
  • 33
  • 1
Roberto Jacobs, 30 March 2016, 11:44
Brent Oil Trims Gains, USD Sell Off Stalls Brent prices backed off from the session highs as broad based USD selling appears to have run out of steam ahead of US ADP payrolls report release. Rejected at $39.81 Prices clocked a high of $39.81 largely on the back of USD selling in early Europe...
Analytics & Forecasts
  • 31
  • 1
Roberto Jacobs, 30 March 2016, 11:41
Euro Zone is Not in Deflation – ECB’s Villeroy ECB’s Governing Council member Francois Villeroy de Galhaud has argued that negative inflation figures in the region are temporary, while he sees them picking up pace in the second half of the year...
Market News
  • 45
  • 2
Roberto Jacobs, 30 March 2016, 11:37
FXWIREPRO: South African Rand Hits Fresh 3-Month High Against US Dollar, Good to Sell on Rallies USD/ZAR is currently trading around 14.9240. It made intraday high at 15.22 and low at 14.89 levels. South Africa's rand breaks through 15...
Analytics & Forecasts
  • 37
  • 2
Roberto Jacobs, 30 March 2016, 11:35
Technical analysis of EUR/JPY for March 30, 2016 General overview for 30/03/2016: The supply zone has been violated, but the market looks weak at the current levels. However, the wave progression inside this upward structure does not look too impulsive so far; it is more like a zig-zag structure...
Technical Analysis of USD/CAD for March 30, 2016 General overview for 30/03/2016: The alternative count with the truncated wave V turned out to be the correct one, and a deep and sudden correction followed break-out of the 1.3140 level...
Technical Analysis of GBP/CHF for March 30, 2016 Technical outlook and chart setups: The GBP/CHF pair is trading at 1.3905/15 levels for now, looking to rally and hit 1.4050 levels at least before producing a meaningful retracement lower...