Roberto Jacobs / Blog
EUR/GBP Trims Losses Post-ECB EUR/GBP has managed to bounce off session lows post-ECB decision, currently hovering over the 0.7875/80 band...
USD/CAD Registers Minor Recovery from 10-Month Low After falling below 1.2600 mark for the first time since July 2015, on the back of a rally in oil futures, the USD/CAD pair has managed to register a minor recovery and is slowly heading back towards 1.2700 mark. 1...
USD/CHF Trade Idea Major resistance- 0.9690 Major support - 0.9630 The pair has broken major resistance 0.9690 and jumped till 0.9733.It is currently trading around 0.9704. Intraday trend is bullish as long as support 0.9630 holds. Any violation below 0.9630 will drag the pair down till 0.9580/0...
EUR/USD Keeps 1.1300 on Steady ECB The European currency keeps its buoyancy intact today, with EUR/USD now trading in session highs near 1.1330...
EUR/NOK Downside Attractive, Avoid GBP/USD, USD/Asia Trendless – Deutsche Bank Oliver Harvey, Macro strategist at Deutsche Bank, suggests that the EUR/USD is still their top scoring currency pair as it is moderately trending and breaking new ground (to the upside...
GBP/USD Gains Appear Capped Around 1.45 – Westpac Richard Franulovich, Strategist at Wetspac, believes the pair’s upside could struggle to surpass the 1.45 handle. Key Quotes “Doubt GBP has the vigour to punch much above 1.45 - if at all - into the UK referendum late June”...
EUR/USD: Anticipating a Period of Stability – Deutsche Bank George Saravelos, Strategist at Deutsche Bank, suggests that following last month’s ECB and Fed meetings, we pushed our EUR/USD parity forecast out to the end of the year, anticipating a period of stability in coming months...
JPY Longs Rise While Leveraged Funds AUD Longs Shrink - Nomura Research Team at Nomura, notes that according to the IMM data for the week ended April 12, leveraged funds continue to ramp up long positions in JPY (37% of total leveraged funds’ contracts) after flipping to net long around mid-Jan 2...
JPY: Expectations Galore from BoJ - BBH Research Team at BBH, suggests that the BOJ meets next week. Key Quotes “There is heightened speculation that new initiatives will be unveiled that could include more asset purchases, such as ETFs, and possibly deeper negative interest rates...