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Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman, comments that official creditors see Europe better positioned for a Greek exit. Key Quotes “Most observers weighing in on the issue of Greece have emphasized economic and financial linkages...
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, shares that EUR is soft as a result of building Greek uncertainty, with the pair expected to end-2015 at 1.05 levels. Key Quotes “EUR is flat to Friday’s close, having trading in a notably small 1.1286 to 1...
On Monday the Organization of the Petroleum Exporting Countries announced demand for its own oil will rise in 2015 amid a slowdown in the US oil industry, in a sign that the cartel’s policy of maintaining output despite the steep fall in crude prices since last summer appeared to be working...
According to Jane Foley, Senior Currency Strategist at Rabobank, the solid tone in the USD and the prospect of a closer than expected rate hike by the Fed will keep the pair depressed...
The Australian dollar shrugged off Chinese trade data and managed to recover from lows during the last hours, climbing back above the 0.7800 level against the greenback and filling the weekly opening gap. AUD/USD bounced off a low of 0.7747 and rose more than 70 pips through the 0...
The Canadian dollar is now gathering steam vs. its neighbour on Monday, relegatingUSD/CAD to intraday lows around 1.2480. USD/CAD weaker post-data The pair is now accelerating its daily decline from the 1...
On Monday the greenback edged higher against the other major currencies, as growing concerns over a potential Greek exit from the euro zone weighed on market sentiment and as Friday's strong U.S. employment data continued to back the US currency...
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, comments that CAD is up, digesting stronger oil prices and a slightly improved global growth outlook. Key Quotes “CAD is up, but has traded in a relatively narrow range during the Asian and European sessions...
According to leading indicators released Monday by the Organization for Economic Cooperation and Development, economic growth is set for revival in Germany and the eurozone. The main exceptions are the U.K. and Russia, which are set for slowdowns. India's growth is likely to accelerate...
In light of the next Riksbankmeeting due on Thursday, analysts at Danske Bank see the likeliness of the Nordic central bank to stay put and announce further easing measures in the April’s meeting...
Shaun Osborne, Chief FX Strategist at TD Securities, views any USD/CAD weakness to find supportd in mid/upper 1.23 levels, expecting the pair to pick up gains above 1.2540/50...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, and AUD/USD. EUR/USD: has been pressing back lower since Friday's US payrolls but had a very quiet start to the week...
The euro is stable on Monday, as EUR/USD trades in the mid-1.13 range. On the release front, there are no major European or US events on the schedule. The German trade surplus widened to EUR 21.8 billion. Eurozone Sentix Investor Confidence jumped to 12.4 points...
The Organization of Petroleum Exporting Countries (OPEC) lowered its estimate for non-OPEC supply growth in 2015 as US drillers are expected to pump less oil after the collapse in oil price...
Apple Inc. is planning to add to its recent run of bond deals with a debut sale in Swiss francs, The WSJ reports. The sale could come as soon as Tuesday...
The TD Securities Team previews the key events in the week ahead for Eurozone, noting that BOE’s QIR and Greece will likely be the spotlight. Key Quotes “The Bank of England releases its Inflation Report on Thursday and our base case is for a slightly hawkish outcome...
NZD/USD extended its upward trajectory in the European session, largely backed by chart-driven gains as a bounce-back in the Aussie further accelerated the gains. Sustains above 0.7400 levels Currently, the NZD/USD traded 0.69% higher on the day at 0...
Westpac Bank is Australia's First Bank with a range of innovative financial packages to suit your needs. This leading Australian bank offers online banking. Forecasts for EUR / USD, USD / JPY, AUD / USD, NZD / USD, AUD / NZD — Westpac. PS: indicators that you can use in your trading system...
Gold futures rose on Monday, as investors were still concerned about Greece...
The offered tone is now returning to the common currency, dragging EUR/USD to the lower bound of the range near 1.1310. EUR/USD down from 1.1360 The pair left the area of session highs around 1...
