Roberto Jacobs / Perfil

USD/CHF Climbs Further to Test 0.9650 Resistance Continuing with its upward trajectory, the USD/CHF pair has now moved back above 0.9600 level and is currently trading just a tad below 0.9650 level, virtually at the high point of the day...

AUD/USD Door Open for a Test of 0.7410 – UOB The Aussie dollar could see its downside extended to the 0.7410 area, according to analysts at UOB Group. Key Quotes “We turned bearish yesterday but as mentioned, it appears likely that we have the bulk of the current AUD weakness”...

WTI Eases from Highs, Near $45.00 Crude oil prices keep the buoyant sentiment on Thursday, with the barrel of West Texas Intermediate climbing as high as $45.30 in early trade...

Indonesia: Growth Still Likely to Improve from a Slow Q1 - Nomura Research Team at Nomura, notes that the Indonesia’s Q1 GDP growth slowed to a disappointing 4.9% after improving to 5.0% in Q4 2015, led by a moderation in investment spending...

GBP/USD Slides Further Below 1.4500 Handle on Weak UK PMI The GBP/USD pair's up-move to 1.4530 during Asian session got sold into and the pair subsequently dropped back below 1.4500 handle to 1.4445...

JPY: Reluctant to Intervene ahead of the G7 Meeting - BBH Research Team at BBH, suggests that given the criteria that the US Treasury outlined last week in its report on the international economy and the foreign exchange market, there is some speculation that the MOF could order intervention...

USD/CAD Deflates from Highs ahead of US Data The Canadian dollar is now advancing for the first time after two consecutive pullbacks vs. the greenback, taking USD/CAD to the 1.2830 area...

All about the Base: Headline CPI to Pick Up - Nomura Research Team at Nomura, notes that the commodity prices have continued to rally since their lows in February, with the WTI hovering around $45 a barrel...

AUD: Economic Data Surprised on the Upside - BBH Research Team at BBH, notes that the Australian dollar is the best performing major currency today, gaining about 0.4...

Four Macro Rates Views – Goldman Sachs Francesco Garzarelli, Research Analyst at Goldman Sachs, lists down his views in macro rates space. Key Quotes “1. In the US, there is scope for 2-year yields to continue to climb higher, extending a trend started in 2013...

EUR/USD: High in Place? – Westpac Richard Franulovich, Strategist at Westpac, believes the pair could have recently carved a top above the 1.1600 handle. Key Quotes “EUR/USD’s sharp reversal off a critical resistance zone hints that a high may be in place for now”...

Gold Turns Negative, Slips Below $1280 Gold has now turned lower, extending its weakness for fourth consecutive session, sliding further below $1280 level to currently trade near $1278, though off day's low of $1274.50...

US: Non-Farm Payrolls Preview - ING Rob Carnell, Chief International Economist at ING, suggests that the US April labour report is not expected to tell us anything new…but the disconnect between labour and activity is puzzling – something has to give, eventually...

USD/JPY Rangebound Near-term – UOB According to the research team at UOB Group, the pair’s perspective has shifted to the neutral side in the upcoming 1-3 weeks. Key Quotes “USD/JPY saw a low of 106.25, before another bounce was seen in the overnight session”...

NZD/USD Erases Early Gains, Eyeing 0.6850 Support The NZD/USD pair got fresh offers near 0.6900 level and erased most of its Asian session gains to trade at 0.6880, holding just a fraction in the green. The pair faded its early morning spike to 0...

EUR/USD Slips Further, Near 1.1420 The bid tone around the dollar is growing bigger during the European morning, relegating EUR/USD to fresh weekly lows in the 1.1430/20 band...

European Bonds Slump on Tracking Firm Crude The European bonds slumped on Thursday as investors cooled on safe-haven assets amid gains in riskier assets including stocks and oil. The benchmark German 10-year bonds yield, which is inversely proportional to bond price rose 1bps to 0...

GBP/USD Slips Back Below 1.4500 as UK PMI Weighs The recovery in the GBP/USD pair faltered near 1.4520 region, allowing the bears to regain control and drive the prices back below 1.45 handle. GBP/USD remains capped below hourly 50-SMA at 1.4533 The GBP/USD pair trades modestly flat at 1...

GBP/USD Shifted to Neutral, Focus on 1.44 – UOB In view of the research team at UOB Group, the pair’s outlook remains neutral in the near term, while the looks have now turned to 1.4400. Key Quotes “We shifted to a neutral GBP stance yesterday and there is no change to the view”...

USD/CAD Sell the Rallies to 1.29/1.30 – Westpac Richard Franulovich, Strategist at Westpac, has recommended selling the pair on strength toward 1.29/1.30 if seen. Key Quotes “Near term outlook more neutral but a better seller into 1.29-1.30 if seen”...