Roberto Jacobs / Blog
UK Services PMI Preview: What to Expect of GBP/USD? The GBP/USD pair deflates from daily highs as we head towards the European open, shrugging-off solid bounce staged by the oil prices. The major pares gains and trades around 1...
USD/RUB: Downside Accelerated Below 64.34 – BBH Analysts at BBH suggested the pair could met further downside pressure following a break below 64.34. Key Quotes “USD/RUB retraced the entire November-January rise before this week’s correction”. “A break below the November 20 low near 64...
USD/CHF Better Bid Around 0.9580, Session Highs The USD/CHF pair is seen defending the bids amid broad based USD softness, as a lack of fresh fundamental drivers amid holiday-quiet markets, keep the major largely muted. USD/CHF fails near 0...
EUR/USD Intermarket: US Yields Collapse Amid Supply Environment Based on intermarket analysis, which helps explain why certain moves occur but most importantly, what are the current main drivers for a certain asset class, the vigorous rise in the EUR/USD exchange rate since April 24th, which has...
USD/CAD Still Looks to Oil Dynamics – Rabobank Strategist at Rabobank Christian Lawrence has assessed the prospects of the pair and crude oil...
Gold Holding Above $1280, Upside Seems Capped Gold managed to recover from Wednesday's low near $1272 support on disappointing US private sector employment report but faded its spike to $1290...
GBPCAD: Extending the Recovery - Scotiabank Research Team at Scotiabank, suggests that the GBPCAD is extending the May recovery though the 1.85 area, taking out trend resistance off the 2.09 high and 40-day MA at 1.8531 in the process. Key Quotes “The force appears strong in this one now...
Follow EUR/GBP Higher, USD/JPY Stretched – Deutsche Bank Oliver Harvey, Macro strategist at Deutsche Bank, suggests that the EUR/GBP is their top scoring currency pair in G10 and is highly trending to the topside and is not at all stretched on both RSI and risk reversal metrics, suggesting the mo...
USD/CAD: Risks are Clearly Tilted Higher for a Test of 1.2988 - Scotiabank Research Team at Scotiabank, suggests that the USD/CAD’s rebound developed strongly and they are shifting their bias materially as a consequence...