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Andrius Kulvinskas
Published post EUR/USD briefly rises above 1.1400
EUR/USD rose briefly above the 1.1400 level and reached its highest level in 5 days as disappointing US durable goods orders added pressure on an already weakened greenback...
Andrius Kulvinskas
Andrius Kulvinskas
BANK OF ITALY SAYS THERE IS A PRESSING NEED TO FIND SYSTEMIC SOLUTION TO BANKS' BAD LOANS.
Andrius Kulvinskas
Published post EU and Greece had secret deal to delay debt payments
Syriza leader Alexis Tsipras campaigned on renegotiating Greek debt repayment terms but the job may already be done. Italy’s La Repubblica newspaper reports that EU and Greek officials had already agreed to push back the debt repayment schedule and lower the interest rate of loans...
Andrius Kulvinskas
Andrius Kulvinskas
GERMANY SAID TO EXPECT 1.6% ECONOMIC GROWTH IN 2016: REUTERS.
Andrius Kulvinskas
Andrius Kulvinskas
Westpac: $EURUSD but we suspect sellers will be lurking in the 1.15/1.16 zone.
Andrius Kulvinskas
Published post There will be no Grexit – BBH
The Brown Brothers Harriman Team comments on the intra-EU political scenario arising from Tsipras victory, and view that the possibility of Grexit is next to none...
Andrius Kulvinskas
Published post 10 Things You Need To Know Before The Opening Bell
Good morning! Here's what you need to know in markets today. Winter Storm Downgrade. The northeast U.S. was pounded by snow overnight. Just before 6:00 a.m. ET, the blizzard warning for New York City was downgraded to a winter storm warning. The New York Stock Exchange Will Be Open...
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boonchuai saetang
boonchuai saetang
Comment to topic Traders Joking
Traders Joking
Andrius Kulvinskas
Published post EUR/USD – Euro Moves Higher, Pushes Past 1.13
The euro continues to post gains on Tuesday, as EUR/USD trades just above the 1.13 line in the European session. On the release front, there are no Eurozone economic reports. EU finance ministers will meet in Brussels later in the day...
Andrius Kulvinskas
Published post EUR Turns Bid Amid Russia's Rating Cut
European traders turned decently bid at market open amid Russian credit rating has been revised down to junk by the S&P. Although the decision was partially priced in, renewed pressures on the ruble keep traders alert on potential CBR intervention...
Andrius Kulvinskas
Published post EUR/USD rebounds, but can it sustain higher levels?
On Monday, market talk focused on the victory of left-wing Syriza in the Greek parliamentary elections. However, the result had absolutely no negative impact on the euro. EUR/USD even rebounded well off the correction low (1.1098) to trade in the higher half of the 1...
Andrius Kulvinskas
Published post EURUSD makes another run at 1.13
The EUR/USD pair made another attempt at 1.13 levels, although the momentum faded away around 1.1290 levels amid lack of fresh fundamental triggers. The pair currently trades at 1.1278, after having hit a high of 1.1291 levels...
Andrius Kulvinskas
Published post Foreign Exchange Market Commentary
THE EURO closed higher due to short covering on Monday as it consolidated some of the decline off December's high. The highrange close sets the stage for a steady to higher opening when Tuesday's night session begins trading...
Andrius Kulvinskas
Published post Greek Election – Anti-Bailout Coalition Government Raises Financial Instability
The far-left Syriza party won Greece's general election by a larger-than-expected margin. Securing 149 of 300 seats, Syriza defeated the incumbent New Democracy Party but still fell short of an absolute majority...
Andrius Kulvinskas
Published post USD/CAD: Loonie Trading On A Weaker Footing This Morning
For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD to close at 1.2476. In the Asian session, at GMT0400, the pair is trading at 1.2488, with the USD trading 0.1% higher from yesterday’s close. The pair is expected to find support at 1...
Andrius Kulvinskas
Published post Forex technical trading: GBPUSD back into the meat of the trading range. Tests key level.
Last week (and extended into trading today), cable had a “look-see” below what was a consolidation low area defined by the 1.5053 level. GBPUSD is back into the blue box (consolidation area) after taking a quick trip below last week. WIll it stay in the box and move toward the other extreme now...
Andrius Kulvinskas
Published post EUR/USD sidelining near 1.1270
The unsuccessful attempt to overcome the 1.1290/1.1300 band has relegatedEUR/USD to return to the 1.1270 region towards the end of the NA session...