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The TD Securities Team previews the key events of the week ahead, further expecting US NFP to register an above consensus print at 245k. Key Quotes “The highlight of the week ahead will be the North American employment reports on Friday...
EUR/CHF printed a fresh daily high at 1.0586, reaching a fresh post SNB turmoil and then pulled back modestly. It was trading at 1.0440/50, almost 200 pips above Friday’s closing price...
On Monday gold swung between small gains and losses, as traders reassessed their expectations for the timing of the first U.S. rate hike and as growing fears over Greece's future in the euro zone weighed...
AUD/NZD extended gains for the third straight session as the Aussie outperformed its Oz counterpart ahead of Reserve Bank of Australia’s official cash rate announcement due tomorrow. Currently, the AUD/NZD pair trades at fresh session highs at 1.073- levels, recording a 0.32% gain on the day...
Stops below decent demand at 1.270o has kicked the pair to 1.2680 where more bids await Oil prices have risen steadily this morning with Brent posting 55.60 from lows of 51.38 in Asia Currently 54.90 and 1.2685 GBPCAD finding it tough above 1.9225 again and has fallen to 1...
Analysts at UOB Group did not rule out a better-than-expected Non farm Payrolls for the month of January, due on Friday. Key Quotes “In the US, the data highlight for the week ahead is the widely watched non-farm payrolls data for January on Friday”...
The demand for the sterling remains on the back footing at the beginning of the week, with GBP/USD now retaking 1.5030 after testing lows near 1.5000 the figure...
EUR/USD climbed higher to clock fresh session highs at 1.1355 levels in the mid-European session, despite mixed PMI numbers from the Euro zone. Upside restricted on Greek concerns The EUR/USD now trades at 1.1344 levels, higher by 0.51% on the day...
D1 price is on primary bullish with secondary ranging: The price is located above Ichimoku cloud/kumo which is indicating the primary bullish for this timeframe Chinkou Span line is located to be far from the price for any good possible breakout or breakdown in the near future Nearest support lev...
On Monday crude oil futures were heavily pressured, as fears over the global economic outlook and the impact on future oil demand prospects undermined the commodity sentiment...
The European Central Bank (ECB) member Benoit Coeure said today that the bank would begin its bond purchases in the first two weeks of March...
AUD/USD broke momentarily above 0.7800 during the European session and printed a fresh daily high at 0.7811, but then lost strength and pulled back below. Currently the pair is hovering around 0...
Valeria Bednarik, Chief Analyst at FXStreet, notes that selling interested has contained EUR/USD’s advance in the 1.1365 price zone, thus limiting any strong gains for the pair...
On Monday the pound recouped its losses against the greenback, supported by upbeat manufacturing activity data from the U.K. although investors remained cautious amid ongoing concerns over Greece...
After dipping to session lows around 1.5040/30, GBP/USD is now back near 1.5070 after the release of the manufacturing PMI. GBP/USD trims losses The pair is back to the positive territory after the manufacturing PMI in the British economy surprised investors in January, advancing to 53.0 vs...
US oil industry workers have launched a large-scale strike at nine refineries after failing to agree on a new national contract with major oil companies, says BBC Worldwide...
According to James Knightley, Senior Economist at ING, with the ECB and BoC having eased policy, the RBA might cut rates 25bp given the weak commodity backdrop and a deteriorating outlook for investment. Key Quotes “At the December Reserve Bank of Australia meeting, the cash rate was left at 2...
For today R4 - 0.7405 / R3 - 0.7388 / R2 - 0.7348 / R1 - 0.7314 SPOT 0.7258 S1 - 0.7215 / S2 - 0.7181 / S3 - 0.7120 / S4 - 0.7000 SELL AT .7330 FOR .7120; STOP AT .7405...
The US dollar extended gains against the Canadian counterpart from a choppy Asian session, inching towards fresh six-year highs reached at 1.2798 levels in the last week. Eyes 1.2800 levels Currently, the USD/CAD pair traded higher by 0.23% at 1.2763 previously clocked intraday high at 1...
