Roberto Jacobs / Blog
FxWirePro: EUR/AUD Supported Above Daily Cloud, Weakness Only on Break Below EUR/AUD saw sharp downside as Aussie buoyed post RBA minutes which saw markets push out rate cut bets. The pair saw steep slump from 1.5537 levels to hit session lows at 1...
FxWirePro: Gold Hovers Around $1280, Good to Buy on Dips XAU/USD is currently trading around $1279 mark. It made intraday high at $1280 and low at $1273 levels. Intraday bias remains bullish till the time pair holds immediate support at $1270 marks...
FxWirePro: AUD/JPY Struggles to Hold Gains Above the 80 Handle, Bias Higher AUD/JPY has re-taken the 80.00 handle post RBA minutes which showed that the members were not so dovish at the May 3rd meeting...
Asian Markets Mix, Gold Back Above $1280 Major Asian indices are trading on a mix note on Tuesday morning. On the other side, Japanese Yen hovers around 109.00 marks against US dollar and Gold gains in early and trading back around $1280. Japan's Nikkei 225 index rallied 0.90% to 16,615.47 points...
EUR/USD Keeps Range Below 5-DMA ahead of EZ Data Having faced rejection at 5-DMA, the EUR/USD pair turned slightly lower and now consolidates in a slim range above 1.1310 region. EUR/USD awaits fresh impetus from EZ, US data Currently, EUR/USD trades modestly flat at 1...
USD/JPY Struggles with 109 Handle as Nikkei Pares Gains The USD/JPY pair is seen wavering below 109 handle since mid-Asia, unable to regain the last as persisting risk sentiment appears to taking a beating amid mixed Asian markets...
Key Events for the Day – Rabobank Michael Every, Head of Financial Markets Research at Rabobank, lists down the key events for the day ahead. Key Quotes “Today will be supplying us with a few numbers to satiate our demand...
CAD Longs Greatest Since February 2013 – Deutsche Bank Research Team at Deutsche Bank, notes that the IMM data show that investors significantly reduced their bearish positioning in USD, taking implied USD shorts as a fraction of open interest to -5% from -8% in the previous week...
Short AUD/NZD: A Kiwi Can Fly above a Kangaroo – Nomura Research Team at Nomura, suggests that while there is already a cut priced into the AUD curve for the October meeting, and 1.8 cuts priced into to May of next year, this is not aggressive enough in our view...
ECB's Weidmann: Criticism of ECB Policy May be Due to Blurring of Monetary & Fiscal Bounds Speaking in an interview with Die Welt and reported via Reuters, ECB governing council member and Bundesbank President Jens Weidmann noted the following: Criticism of ECB policy may be because some meas...