Download MetaTrader 5

All Blogs

To add a new post, please log in or register
NZ: Kiwi Flying High in the Aftermath of RBNZ - MUFG Lee Hardman, Currency Analyst at MUFG, suggests that the New Zealand dollar has benefitted from the RBNZ’s decision to leave its key policy rate unchanged overnight at 2.25...
Currency
  • 40
  • 2
Roberto Jacobs, 9 June 2016, 10:19
EUR/JPY: Sell-Off Extends, Attacks 121 Handle The bearish pressure behind the EUR/JPY cross accentuated post-European open, mainly driven by aggressive yen buying across the board amid risk-aversion. EUR/JPY gives-up 60-pips in the last hour The EUR/JPY pair slumps -0.67% to 121...
Analytics & Forecasts
  • 41
  • 2
Roberto Jacobs, 9 June 2016, 10:16
USD/JPY Slammed to a 5-Week Low of 106.30 The US Dollar weakness against its Japanese counterpart seems to have gained momentum, with the USD/JPY pair now dropping to its lowest level in 5-weeks...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 9 June 2016, 10:14
GBP/USD Neutral Bias Persists – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s bias remains tilted to the neutral side for the time being. Key Quotes “GBP/USD is in the middle of its range but remains below initial resistance at 1.4665...
Analytics & Forecasts
  • 26
  • 2
Roberto Jacobs, 9 June 2016, 10:11
Technical Snapshot in EMEA FX Space – BBH Analysts at BBH gave a technical picture of the EMEA (Europe, the Middle East, and Africa) space. Key Quotes “EUR/HUF has retraced three quarters of the May rise...
Analytics & Forecasts
  • 34
  • 2
Roberto Jacobs, 9 June 2016, 09:45
GBP/USD Fades a Spike to 1.4527, Prints Fresh Session Low As the European session got underway, the GBP/USD pair witnessed a sudden up-surge to 1.4527 before fading back to currently trade back around 1.4500 handle. The pair on Wednesday witnessed a sudden reversal, erasing all of its gains to 1...
Analytics & Forecasts
  • 25
  • 2
Roberto Jacobs, 9 June 2016, 09:41
EUR/USD Bullish, Looks to 1.1450 – UOB The research team at UOB Group sees EUR/USD targeting the 1.1450 area in the near term. Key Quotes “As mentioned yesterday, while short-term momentum does not appear to be very strong, the strong rally that started late last week appears incomplete”...
Analytics & Forecasts
  • 47
  • 2
Roberto Jacobs, 9 June 2016, 09:36
AUD: Falling Growth Raises Downside Risks - ANZ Research Team at ANZ, estimates that the Australia’s potential growth is closer to 2.5% than the 3% that was commonly sighted previously...
Currency
  • 37
  • 2
Roberto Jacobs, 9 June 2016, 09:33
Gold Pauses After Hitting Three-Week High Level Gold is seen retracing a bit from a 3-week high level of $1266 touched during Asian trading session on Thursday and is currently trading with only a marginal cut, at $1261...
Analytics & Forecasts
  • 33
  • 2
Roberto Jacobs, 9 June 2016, 09:30 #gold
USD/CHF Downside Pressure Remains Below 0.9800 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot remains under downside pressure although the down move is deemed as corrective. Key Quotes “USD/CHF remains under pressure following the erosion of the 61...
Analytics & Forecasts
  • 44
  • 2
Roberto Jacobs, 9 June 2016, 09:28 #usdchf
AUD: The Week Ahead - ANZ Research Team at ANZ, notes that the AUD has been launched higher by the weaker than expected US payrolls report, which undermined near-term expectations for rate hikes from the Fed...
Currency
  • 38
  • 2
Roberto Jacobs, 9 June 2016, 09:24
AUD/USD Poised for a Test of 0.7545 – UOB In view of the research team at UOB Group, the Aussie dollar could attempt a test of the mid-0.7500s vs. the greenback in the next 1-3 weeks. Key Quotes “AUD just moved clearly above the strong 0...
Analytics & Forecasts
  • 25
  • 2
Roberto Jacobs, 9 June 2016, 08:59
NZD/USD Rallying Hard After RBNZ Maintained Staus-Quo The NZD/USD pair surged to 0.7147, its highest level since June 2015, after the RBNZ decided to hold its key benchmark rates unchanged at 2.25...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 9 June 2016, 08:57 #nzdusd
EUR/USD Could Test 1.1465/95 Before a Leg Lower – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s upside could struggle around the 1.1465/95 band, triggering a potential correction lower. Key Quotes “EUR/USD has reached initial resistance at 1.1415/20, the 61...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 9 June 2016, 08:54
Oil Sits at Fresh Multi-Month Highs, US Draw Underpins Oil benchmarks on both sides of Atlantic continue to flirt with eight-month tops amid ongoing USD selling and falling US crude supplies. US rigs count data eyed Currently, both crude benchmarks are extending into the green, with Brent at 52...
Crude Oil
  • 25
  • 2
Roberto Jacobs, 9 June 2016, 08:51
EUR/USD Wobbles Around 1.1400, Draghi Eyed The single currency has retreated from the area of session highs near 1.1420 vs. the greenback, now taking EUR/USD to the 1.1400 region...
Analytics & Forecasts
  • 32
  • 2
Roberto Jacobs, 9 June 2016, 08:48
Indicators Signaling AUD/NZD is Oversold While intraday moving averages point at a continued AUD/NZD depreciation, the latest momentum readings raise the odds of a minor throwback...
Analytics & Forecasts
  • 67
  • 2
Roberto Jacobs, 9 June 2016, 08:46
Australian Bonds Rally on Brexit, FED Uncertainty The Australian long-term bonds rallied on Thursday, following US trend as rate hike expectations by the Federal Reserve this summer diminished. The US 10-year treasury yield fell below 1.70 percent mark to 1...
Market News
  • 18
  • 2
Roberto Jacobs, 9 June 2016, 08:43
FxWirePro: EUR/AUD Holds 100-DMA Support, Further Weakness Only on Break Below EUR/AUD has taken 100-DMA support at 1.5190 and edged higher to currently trade around 1.5260 levels. Aussie weakness seen after poor Chinese CPI and PPI data earlier today. China CPI data for May came in at +2...
Analytics & Forecasts
  • 36
  • 2
Roberto Jacobs, 9 June 2016, 08:40
FxWirePro: Silver Hits Fresh 3-Week High at $17.20, Stay Bullish XAG/USD is currently trading around $17.17 marks. It made intraday high at $17.20 and low at $16.98 levels. Intraday bias remains bullish till the time pair holds key support at $16.98 marks. A daily close below $16...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 9 June 2016, 08:36