Roberto Jacobs / Profile

The 'Big Short': Commodity FX - Morgan Stanley This observation is consistent with global growth differentials offered suggesting that the riskier EM/commodity currency segment does not offer sufficient returns to keep capital locally deployed...

EUR/USD: Bearish Bias, 1.1325/75 Capping Rebounds - Lloyds Analysts from Lloyds Bank pointed out that the 1.1220 could be tested again, but is likely to hold ahead of the FOMC minutes; a break of that level could determine the next move of the EUR/USD pair...

What To Expect From FOMC Minutes? - Views From 8 Major Banks Morgan Stanley: At this stage Fed communication will be important for the further evolution of the USD...

Elliott Wave Analysis: GBPJPY In A Triangle; Possible Weakness Can Be In The Cards GBPJPY is quite interesting to watch for a potential trade. As we se price is trading in a sideways large range consolidation which as well might be a triangle with wave E soon to be completed...

GBP/JPY Jumps above 160.00 to 3-Week Highs The pound is rising sharply across the board on Tuesday boosted by Brexit polls results that showed an increase in favor of the “stay” position, while the yen is lower in the market, weakened by risk appetite and GDP figures from Japan...

WTI Surrenders Gains Post-EIA, Still above $48.00 The barrel of West Texas Intermediate is giving away part of its initial gains and returning to the $48.40/30 band following the EIA’s report. WTI sidelined above $48...

Crude Oil Inventories Rise Unexpectedly Crude oil dropped in the immediate aftermath of the latest official US oil inventories report from the EIA as traders responded to the headline build of 1.31 million barrels...

NZD/USD Expects a Consolidation Phase – UOB In opinion of analysts at UOB Group, the Kiwi dollar may trade in a sideline pattern in the next 1-3 weeks. Key Quotes “The unexpected break above the 0.6830 resistance (high of 0.6843) suggests that the recent downward pressure has eased...

USD/JPY Upside Could Extend to 112 – Westpac According to strategists at Westpac, the current upside in the pair could reach the 112.00 area. Key Quotes “Last week we shifted back to a neutral bias and maintain that view this week”...

EUR/USD Stages Short-Lived Bounce Attempt, Turns Back South EUR/USD has fallen to fresh monthly lows on Wednesday amid a stronger US dollar, as investors digest yesterday’s strong US CPI and hawkish comments from Fed members. EUR/USD fell to a low of 1...

GBP/USD Bullish Momentum Continues, 1.4600 a Whisker Away The GBP/USD pair kept its momentum going after GBP bulls got a boost from the latest 'Brexit' poll results, lifting the pair to the vicinity of 1.4600 handle. At the time of writing, the pair was trading at 1.4590, up 0...

USD/JPY Keeps Highs Near 109.60 The Japanese Yen remains on the defensive vs. the greenback today, taking USD/JPY to the 109.60 area, challenging daily highs...

FxWirePro: Stern Strength in Crude, Cyclical Asymmetric Reactions Bid Longs in MXN and RUB - Hedging Perspectives Despite the strong dynamics in Brent crude, staggering close to the USD50/bbl mark, upside risks for DXY and the asymmetric reaction to a re-pricing of Fed hikes could weigh on the on...

FxWirePro: NZD/JPY Stiff Resistance at 74.50, Breaks Above Could See Further Upside NZD/JPY stiff resistance at 74.50, further gains only on break above. RBNZ Q2 2-year inflation expectations gauge weighed negatively on the sentiment around the NZD...

U.S. Government Bonds Slide on FED Rate Hike Expectations The U.S. government bonds continue to trade lower on Wednesday after reading strong April consumer price index and hawkish comments from Federal Reserve officials...

AUD/USD Falls Below 200-Day SMA The Australian dollar is among the worst performers on Wednesday, having fallen below the 200-day SMA in recent dealings. AUD/USD slid to a fresh low of 0...

EUR/GBP Takes a Spiral Below 0.7750 Level The EUR/GBP pair took a sharp knock to 0.7745 after the British Pound witnessed a sudden bout of buying interest on increasing odds of staying in the EU...

USD: Is the Currency Oversold? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the futures are implying a stronger risk of a US rate hike this year on the back of yesterday’s slew of hawkish commentary from Fed officials...

EUR/USD: Bounce Limited, Downward Risk Prevails EUR/USD Current Price: 1.1283 The dollar traded broadly higher across the board during the Asian session, fueled by hopes that upcoming FOMC's Minutes will shed some light over the upcoming US rate hike, and whether if June remains on the table...

Short Covering Lifts GBP/USD Beyond 1.4550 Level A sharp short squeeze rally assists the GBP/USD pair to break through the 1.4530-40 resistance and climb higher to 1.4564 as the 'Remain' camp hold their lead in the latest poll results...