Roberto Jacobs / Blog
EUR/GBP Slammed to 0.7665 After BoE comments Extending its slide from session peak of 0.7751, the EUR/GBP pair downfall intensified after BOE MPC Annual Report indicated that UK inflation is likely to rise gradually through 2016...
European Bonds Rise Modestly on Weak Crude Prices The European bonds traded modestly firmer on Tuesday as decline in oil price pushed investors’ inflation expectations lower and supported demand for safe-haven assets...
GBP/USD Forecast: Pressuring 1.4550, Critical Resistance The GBP/USD pair surged towards the high posted on Monday following London's opening, fueled by a sharp decline in the EUR/GBP cross, as the common currency entered sell off mode, plummeting to fresh lows against most of its major rivals...
EUR/GBP Could Test 0.7360 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the European cross could slip towards the 0.7360 region. Key Quotes “EUR/GBP is seeing a small bounce higher from...
EUR/USD Forecast: Bearish Acceleration, 1.1120 at Sight After Monday's pause, the greenback resumes its rally, broadly higher against most of its major rivals but the Pound. European equities opened sharply higher, but the EUR/USD pair fell to a fresh two-month low of 1.1168...
GBP/USD Surges on BoE Comments, Just Shy of 1.4600 Mark The GBP/USD pair rallied from 1.4474 and extended its up-move beyond 1.4550 as BOE Governor and several MPC members begin their testimony on inflation and the economic outlook before the Parliament's Treasury Committee...
GBP/JPY Spikes Above 159.00 Handle After Latest ‘Brexit’ Polls The GBP/JPY pair staged a smart good recovery from 50-day SMA support near 158.00 mark to currently trade back above 159.00 round figure mark...
GBP/USD Outlook Remains Positive – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s perspective points to further gains towards the 1.4660 area initially. Key Quotes “GBP/USD failed on Friday to overcome the 1...
USD/JPY Rebounds in Tandem with European Stocks The US dollar fought back control against its Japanese peer post-European open, sending USD/JPY back beyond the mid-point of 109 handle. USD/JPY eyes 5-DMA at 109...