Roberto Jacobs / Profilo

Gradual EUR/USD Depreciation More Likely - Nomura Yujiro Goto, Research Analyst at Nomura, suggests that over the next three months or so, EUR trading will likely depend on three factors: i) efficacy of the ECB policy package, ii) external environment, especially Fed policy and risk sentiment, an...

BoJ Retains Interest Rate, Stimulus Unchanged The Bank of Japan refrained from raising its monetary stimulus and kept its negative interest rate unchanged on Tuesday...

NZ Dollar Slides Against Most Majors The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday. The NZ dollar fell to a 5-day low of 0.6644 against the U.S. dollar, from yesterday's closing value of 0.6673...

Australian Dollar Falls Against Majors The Australian dollar weakened against the other major currencies in the Asian session on Tuesday. The Australian dollar fell to 4-day lows of 0.7479 against the U.S. dollar, 85.04 against the yen and 1...

BoJ in 'Wait-and-See' Mode, Removes Negative Rates Language Following last month's surprising decision, today's Bank of Japan monetary policy meeting saw no changes, keeping the interest rate at -0.1% and maintaining 80 trln yen base money target...

Gold Sits Near 2-Week Lows Around $ 1230, Fed in focus Gold futures on Comex extend the sell-off for the third consecutive day this Tuesday, and hovers near the lowest levels since March 2, as all eyes remain on the upcoming central banks’’ events globally...

AUD/USD Sellers in Control post-RBA minutes, Below 0.7500 The AUD/USD pair extends losses for the second straight session this Tuesday, moving further away from eight month tops reached the day earlier, after the RBA minutes was read a tad more dovish than expected...

BOJ Preview: What to Expect in USD/JPY? Most market participants are expecting the Bank of Japan to leave its monetary policy unchanged today, following the dramatic and unexpected decision to set a negative interest rate program in its last meeting...

USD/JPY: Yen Better Bid Heading into BOJ Decision The JPY bulls fought back complete control and now defend mild gains versus the greenback post-China open, with USD/JPY once again sold-off near 114 handle. USD/JPY drops sharply to 5-DMA at 113...

EURUSD Daily Forecast: March 15 2016 EURUSD Forecast The EURUSD had a bearish momentum yesterday bottomed at 1.1077. The bias is bearish in nearest term but as long as stays above 1.1065 price is still in a bullish phase targeting a trend line resistance located around 1...

GBPUSD Daily Forecast: March 15 2016 GBPUSD Forecast The GBPUSD failed to continue its bullish momentum yesterday and hit 1.4271 earlier today. The bias is bearish in nearest term testing 1.1.4230. A clear break and daily close below that area could trigger further bearish pressure testing 1...

USDJPY Daily Forecast: March 15 2016 USDJPY Forecast The USDJPY was indecisive yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term probably with a little bullish bias testing 114.50...

USDCHF Daily Forecast: March 15 2016 USDCHF Forecast The USDCHF was corrected higher yesterday topped at 0.9881. The bias is neutral in nearest term probably with a little bullish bias testing 0.9930/50 but as long as stays below 1...

Currency Snapshot (Major Pairs) Dollar index trading at 96.55 (+0.39%) Strength meter (today so far) – Euro -0.34%, Franc -0.82%, Yen +0.12%, GBP -0.31% Strength meter (since last week) – Euro -0.34%, Franc -0.82%, Yen +0.12%, GBP -0.31% EUR/USD –...

EUR/USD Holding on to 1.1100 The single currency remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood following the NA open. EUR/USD weaker on USD-buying Despite the prevailing selling interest, the pair manages quite well to keep the 1...

US Stocks Open Lower, Dow Nears 200-DMA Support Stock markets in the US opened on lower on Monday as oil price drop and weak China data released over the weekend overshadowed gains in Asian and European equity markets...

USD/CAD keeps highs near 1.3290 The greenback is recovering part of its shine vs. its Canadian peer on Monday, lifting USD/CAD to test daily highs near 1.3290. USD/CAD rebounds from 1.3210 Spot has managed to regain the 1.3200 handle after dropping to fresh multi-month lows in sub-1...

G20 GDP Growth Eases Slightly In Q4: OECD Growth of real Gross Domestic Product in the G20 area eased slightly in the fourth quarter, the Organization for Economic Co-operation and Development said Monday. Real GDP growth of G20 area weakened to 0.7 percent from 0...