Roberto Jacobs / Profil

AUD/USD: Bid on Oil Draws Ahead of FOMC Minutes AUD/USD is currently on the bid as we head in towards the FOMC today. AUD/USD has rallied from a low of 0.7510 and has penetrated the 0.76 handle. This is a move that commenced in yesterday's start of business in the U.S...

EUR/USD Rises Above 1.1400 as Dollar Tumbles Ahead of FOMC Minutes EUR/USD broke above 1.1401 and climbed to 1.1431 hitting the highest level since last Friday and is only a few pips below last week highs. If it rises above 1.1437 it would be trading at the strongest level since October...

Less Dovish Minutes Favours EUR/USD's LHS EUR/USD did not quite know what to make of the FOMC minutes and was trading in a narrow range and directionless on the release...

FOMC Minutes Preview, What to Expect of EUR/USD...

FOMC Minutes: Members Split on April Rate Hike Fed officials discussed an April rate hike, but some officials argued against such a move, minutes of the FOMC March 15-16 meeting showed...

USD/JPY Hits Fresh 17-Month Low After FOMC Minutes USD/JPY dropped further after the release of the Federal Reserve minutes and bottomed at 109.33, hitting the lowest level since October 2014. The pair then bounced to the upside, and it trading around 109...

FXWIREPRO: EUR/JPY Breaks Strong Trendline Support at 125.26, Good to Sell Rallies EUR/JPY is retreating from last week’s tops just above 128.00, and has breached strong trendline support at 125.26. Momentum studies are bearish, confirming further downside in the pair...

China: March Foreign Reserves Data Preview – ING Tim Condon, Chief Economist at ING, suggests that based on stable CNY policy and ING’s house view that USD/Majors will range trade in 2016 they revised their yearend USDCNY forecast to 6.47 from 6.65...

USD/JPY: Getting the Markets Confused - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that on the first of February, just before the BOJ’s bungled attempt to ease monetary policy, the Bloomberg consensus for USD/JPY in Q4 2016 was 125, with a range of 110-134...

Brent Oil Strengthens, Ignores Iran Oil Minister’s Comments Brent oil regained poise and clocked a fresh session high of $38.83 levels as traders ignored comments from Iran oil minister which indicate rise in oil supply in near future...

Euro To Dollar Forecast: EUR/USD Signaling Bearish Trend Euro currency exchange rate vs US Dollar struggling to break $1.1420 resistance. It looks like that the EUR/USD pair may be setting up for a sharp decline in the near term as the investors eye FOMC meeting minutes...

US: Better ISM Data Coupled with Weaker GDP and Profit Concerns - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the US data continues to provide mixed signals on the outlook for the economy that would appear at least for now to back up the need for caution, expressed by Chair Y...

USD/JPY Outlook Shifted to Bearish – UOB In view of the research team at UOB Group, the pair’s perspective has turned to bearish in the next 1-3 weeks. Key Quotes “USD broke below last month 110.65 low to touch a 109.94”...

USD/JPY Struggles to Avoid Losses as BOJ Hesitates to Intervene USD/JPY is working hard to avoid losses as Bank of Japan policy officials rule out FX market interventions and talk about 100 levels in the pair. Hovers around 110.30 The spot is now trading around 110...

Eurozone: Consumers don’t Act on Lower Confidence - ING Bert Colijn, Senior Economist at ING, suggests that the Eurozone retail sales increased in February and reached the highest level since early 2008, defying increased nervousness among consumers because of global turmoil...

Risk-Off Flows Jolt Currency Markets - Investec Research Team at Investec, notes that yesterday was another day of risk-off moves, as stock markets were a sea of red and currency markets saw safe-haven moves into the US Dollar, and notably the Japanese Yen which reached 1.5 year highs...

Gold on the Back Foot as USD Climbs Ahead of Fed Minutes Gold extends its retreat from 20-DMA resistance and remains heavily offered in the mid-European session, on the back of broad based US dollar rebound. Gold: FOMC minutes to confirm the recent Yellen’s dovish stance...

GBP/USD Accelerates the Breach of 1.41 The sterling is now quickly losing the temper vs. the dollar, sending GBP/USD further south of the 1.4100 handle...