Roberto Jacobs / Profil

GBP/USD Fails to Sustain Above 1.4600, US GDP Eyed The GBP/USD pair made another failed attempt to sustain its strength above 1.4600 mark and the pair has now erased majority of its early gains and has dropped back below 1.4550 level...

BoJ Defied Expectations - BBH Research Team at BBH, suggests that the Bank of Japan defied expectations and its economic assessment and left policy unchanged. Key Quotes “The inaction spurred a 3% rally in the yen and an even larger slump in stocks...

Advance US Q1 GDP Preview: What to Expect of USD/JPY? The USD/JPY pair nosedived to 108.00 mark after the Bank of Japan announced the outcome of its April monetary policy meeting where the central bank surprised markets and left its monetary policy unchanged...

Fed Signals Less Global Concern but No Urgency Either – MUFG Derek Halpenny, European Head of GMR at MUFG, notes that the dollar is generally unchanged versus most currencies (except the yen and kiwi) after the April FOMC delivered few surprises...

UK: Brexit Taking More of a Toll - ING James Knightley, Senior Economist at ING, notes that the UK growth slowed to 0.4% QoQ from 0.6% in 4Q15 with the approaching referendum on EU membership likely to be a key factor that is leading to a loss of momentum...

Technical Analysis of USD/CAD for April 28, 2016 General overview for 28/04/2016: The market is trying to complete the triple zig-zag pattern in the big wave Z brown...

3 Central Banks, 3 Holds - Investec Research Team at Investec, suggests that the three central bank meetings overnight saw all three policy makers remain on hold...

RBNZ Refrains from Action – MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that prior to the surprise decision by the BOJ, the RBNZ also surprised the markets by not easing...

BOJ Refrains from Meeting Market Expectations – MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that it is no surprise that USD/JPY is down over 2.5% today after the BOJ decided against implementing further monetary easing measures despite very high speculation of action being taken...

German CPI Preview: What to Expect of EUR/USD? The bid tone surrounding the EUR/USD pair strengthened over the last hours as upbeat macro data from Germany and Eurozone boosted the sentiment around the EUR...

Technical Analysis of EUR/JPY for April 28, 2016 General overview for 28/04/2016: The simple corrective cycle, labeled as abc irregular flat correction, might have been completed and according to the main chart another upward leg might be made. Moreover, any violation of the level of 121...

USD/JPY Attempts Tepid Bounce Above 108, Awaits US GDP The bears appear to face exhaustion after the relentless slide seen in the USD/JPY so far this Thursday, with markets now focussed on the US advance GDP numbers for next direction...

FxWirePro: GBP/USD Faces Strong Support at 1.4450, Good to Buy at Dips Major resistance – 1.4668 (Feb 4th high 2016) Major support – 1.4450 (resistance turned into support) Cable has broken minor support 1.4500 and declined till 1.4470 yesterday...

Euro Zone Sentiment Improves As ECB Opens Qe Tap Euro Zone sentiment report showed confidence improved as European Central Bank unveiled new stimulus, more so due to its inclusion of corporate securities. However Brexit possibilities seem to be weighing...

USD/JPY: At the 18-Month Lows Again Review and dynamics The forecast we provided in the previous review turns out to be correct (if investors feel disappointed with the Bank of Japan’s decision and comments by the US Fed this week, the pair will continue to decline to the recent lows of 108.00...

EUR/USD Testing Highs Near 1.1360, German CPI Eyed The risk-off sentiment intensified in the European session, lifting EUR/USD from near 1.1340 region back towards daily highs heading into the nationwide German CPI report. EUR/USD eyes 1.1400 Currently, EUR/USD trades +0.32% higher at 1...

FOMC Monetary Policy: Assessing the Bias FOMC yesterday announced decision of its April’s policy meeting to keep interest rates unchanged and keep it in range of 0.25-0.5%. Let’s look at the monetary policy statement details to assess the bias towards future policy adjustments...

FxWirePro: BTC/USD Takes Support Near 21 Day MA, Good to Buy at Dips Major resistance -$470 BTC/USD has broken minor support $450 and declined till $435at the time of writing. It is currently trading around $448...

EUR/GBP Fails to Clear 0.7800 Handle The EUR/GBP pair attempted to extend yesterday's recovery but failed to clear 0.7800 handle and has now dropped to 0.7775 level. On H4 chart, the pair has been trending lower within a short-term descending trend-channel formation...

Technical Analysis of USD/CHF for April 28, 2016 USD/CHF is expected to trade in a lower range as the pair movement is capped by a negative trend line. The pair remains under pressure below its negative trend line, and is likely to post further decline...