Roberto Jacobs / Blog
AUD/USD Expected to Weaken to 0.70 in 6-Month – Danske Bank Kristoffer Lomholt, Analyst at Danske Bank, believes the Aussie dollar could depreciate towards the psychological handle at 0.70 in the medium term...
Gold Off Highs, Back Near $1,260 The troy ounce of the precious metal is extending its sideline theme today, posting meagre gains around the $1,260 area...
Canadian Bonds Slump on Firm Consumer Price, FED June Rate Hike Bets The Canadian bonds slumped on Friday as investors cooled on safe-haven assets after reading strong April consumer prices figure. Also, FOMC April meeting minutes from the U.S...
Fxwirepro Short Term Outlook: Euro to Decline 700 Pips Against Pound Pound has been showing remarkable resilience against Dollar as well as other currency pairs, especially Euro, which makes the pair, EUR/GBP an attractive short...
GBP/USD Bullish, Aims to 1.4770 – UOB The research team at UOB Group remains bullish on Cable and expects a visit to the 1.4770 area in the near term. Key Quotes “In line with expectations, GBP extended its again to move above the 1.4650 target (high of 1.4663) but the up-move was short-lived”...
USD/CAD Targets 1.35 in the Longer Run – Scotiabank FX Strategist at Scotiabank Eric Theoret sees spot heading towards 1.35 in the long term. Key Quotes “We look to continued gains in USDCAD with near-term risk to 1.33 and medium-term risk to 1.35”...
Oil Reverses from 7-Month Highs, Dips Below $49.00 Mark After touching a fresh seven-month high level of $49.25, WTI crude oil futures turned lower on the back of some profit taking from bullish traders and as the greenback remains well supported...
EUR/USD Is Range-Bound N-Term, So Buy USD/CHF On Dips - Credit Agricole The USD has been relatively well supported...
Evening Euro Target: 1.1260 For the past twenty six hours the difference between pairs heading the same way has reduced. The euro/dollar is up 48 points: from 1.1179 to 1.1227. The pound/dollar is down 113 points: from 1.4663 to 1.4550...