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The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and NZD/USD. EUR/USD: rebounded twice from 1.1310-20 yesterday but 1.1370-80 proved to be a good sell on both occasions and the dollar strengthened across the board on the FOMC statement...
The greenback extends it upbeat momentum vs. its Canadian counterpart, now liftingUSD/CAD to the 1.2550/60 region. USD/CAD in fresh multi-year highs The buoyancy remains intact around the pair, now gyrating around levels last traded in April 2009 beyond 1.2550...
The dollar moved higher versus the yen on Thursday, following the Fed statement, which didn't showed significant changes compared to previous one and was taken as if the bank remains on track to raise rates later this year...
Emerging-market stocks registered their biggest drop in three weeks as China's battling with speculative trading intensified and a fear grew the conflict between Russia and Ukraine is pushing their economies into a crisis. The ruble and Russian Eurobonds tumbled...
Imre Speizer of Westpac, believes that interest rate spreads have plenty of scope to support AUD/NZD, anticipating that NZD should continue to underperform AUD. Key Quotes “AUD/NZD received a boost today from the RBNZ which shifted its stance...
According to Jeffrey Gundlach, bond trader and CEO of Doubleline Capital, gold looks attractive by comparison with government bond yields negative in Switzerland and parts of Europe...
Cristian Maggio, Head of Emerging Markets Research at TD Securities, shares the market performance in the European session, noting that Bonds markets remained well bid while EUR/CHF moved higher. Key Quotes “European markets continue to adjust to the FOMC message from yesterday...
In light of the recent RBNZ meeting, analysts at UOB Group see increasing likeliness that NZD/USD could extend the downside in upcoming periods. Key Quotes “New Zealand’s central bank, RBNZ, left its Official Cash Rate unchanged at 3...
The shared currency extends its rebound from sub-1.1300 levels, pushing EUR/USD back to the 1.1320/25 band, or session highs...
AUD/USD extended losses and dropped below the 0.7800 level for first time since July 2009 as the Aussie continues to weaken amid speculations of a RBA rate cut next week. AUD/USD lost about 100 pips throughout the day and hit a low of 0.7786, last seen Jul 13 2009...
On Thursday the dollar traded steady, soaring around 11-year highs against the other major currencies, after the Federal Reserve signaled that interest rates could start to rise around mid-year...
A resumption of a deeper leg lower in EUR/USD could see spot breaking below parity in the last months of the present year...
On Thursday copper prices traded near the lowest level in six years, amid signs the Federal Reserve is to raise rates this year and as fears over Greece's future in the euro zone re-emerged...
NZD/USD dropped below 0.7300 for the first time since March 2011 and printed a fresh low at 0.7283. The kiwi weakened sharply in the market after the RBNZ statement and extended the slide during the European session...
Outlook in Crude Oil remains on the downside as long as 46.00 resistance holds on a 4 hour closing basis , support comes at the 43.59 levels , a halt is likely but a cut would open 42.00 next , further down will target the 40.00 levels. On the upside , resistance comes at the 46...
FTSE 100 up 0.2% to 6,832 Gold descends 0.6% to $1,284.49/oz...
Who would you prefer to hire? Someone who has tried something 100 times and never failed or someone who's tried 100 different things, failed 99 times, and only succeeded once. Here's why you should hire the person who's fallen short 99 times...
Crude oil touching the Bottoms forming Bullish wedge expected to complete @ $43 ,Breakout upside will bring higher prices towards $46 to $51...
The Danske Bank Research Team notes RBNZ expects NZD to undergo significant depreciation, with the currency’s valuation unsustainable in terms of NZ’s economic fundamentals. Key Quotes “The NZD dropped more than 1...
Benoit Coeure, a member of the European Central Bank's (ECB) Executive Board, told an Italian newspaper today spelt out the parameter that will decide the duration of the ECB’s QE. “It will end only once we get a strong sense that inflation is converging towards 2 percent”, said Mr. Coeure...
