Roberto Jacobs / Blog
FXWIREPRO: Gold Rallies Towards 1245 on Weak Dollar After Fed Remains Cautious Over Rates Gold has inched higher on Thursday as demand for yellow metal was boosted after yesterday’s dovish Fed statement...
USD/JPY: a Call for Vigilance - Scotibank Analysts at Scotiabank noted that JPY is outperforming with a 1.3% gain, rising in tandem with gold in an environment of elevated uncertainty...
EZ in a Worrying Situation - BNP In respect of the EZ, analysts at BNP Paribas explained that despite concerns at the beginning of the year, the effect of financial stress on growth should remain contained...
EUR/USD: Consolidation at Current Levels Likely to Continue - Lloyds Analysts from Lloyds Bank point out that EUR/USD is trading at the upper limit of its medium-term range and a consolidation over the coming sessions at current levels is likely...
USD/CAD Consolidates Daily Gains USD/CAD consolidates near daily highs after rising more than 150 pips throughout the day as renewed weakness in oil prices weighed down the loonie. USD/CAD reached a peak of 1.3180 during the American session as WTI futures struck a low of $36.70 a barrel...
GBP/USD: Bears Target Feb Lows on 1.38 Handle GBP/USD is refuelling for another attempt at the downside to close the week, heading for a possible test of the 1.4000 handle to meet recent lows of 1.4004. GBP/USD is heavily offered on the back of Brexit fears...
USD/JPY: Weak Confidence Weighs - BTMU Analysts at Bank of Tokyo Mitsubishi explained that recent market reactions have clearly revealed the uncertainty surrounding QQE with a negative interest rate. Key Quotes: "Next week, USD/JPY is likely to drop further...
AUD/NZD: The Pair has Rebounded from the Level of 1.1260. What’s Next? Since the end of March the pair AUD/NZD has been declining. The pair again failed to break strong resistance level 1.1260 (ЕМА200 Fibonacci 38.2% to the last wave of decline since November 2011...
AUD/NZD: Prior to the Meeting RBA on 3 May At the beginning of this week at the RBA left interest rate unchanged at the level of 2.0%. This level has been maintained since June 2015. However, the following up comments of the bank were aimed at lowering in the AUD...