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A week ago, we closed the EURUSD at 1.1278. So if I were to put in words how the EURUSD did this week, it would be: “EURUSD ends higher on the week after strong employment report” In the process the price squeezed to 1.1533, It came down to 1.1302. It squeezed up to 1...
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Andrius Kulvinskas, 6 February 2015, 20:56
The selling mood is doing nothing but growing around the euro, now sending EUR/USD to session lows in the 1.1320/15 band. EUR/USD hurt by US data The upbeat results from the US Payrolls caught markets off guard today, as consensus amongst traders was expecting a lower reading...
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Andrius Kulvinskas, 6 February 2015, 19:36 #EUR/USD
The dollar is back. The greenback continues marching north at the end of the week, pushingUSD/CAD beyond the 1.2500 handle...
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Andrius Kulvinskas, 6 February 2015, 18:32 #usd/cad
GBP/USD is currently trading at 1.5254 with a high of 1.5353 and low 1.5237. GBP/USD is consolidating the downside post the Nonfarm Payrolls event that took the dollar index through the 50% retracement of Feb's bear trend and has Sterling down to test the mid point of the 1.52 handle...
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Andrius Kulvinskas, 6 February 2015, 18:10 #GBP/USD
USD/JPY broke above the 119 mark and printed a 3-week high as the dollar strengthened on the back of remarkable strong US nonfarm payrolls figures. USD/JPY rose more than 150 pips over the last hours and reached a high of 119.13, last seen Jan 12, before losing momentum...
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Andrius Kulvinskas, 6 February 2015, 18:01 #usd/jpy
EUR/USD stretched lower and printed fresh lows for the day as investors continue to asses a stronger than expected nonfarm payrolls report...
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Andrius Kulvinskas, 6 February 2015, 16:46 #EUR/USD
Valeria Bednarik, Chief Analyst at FXStreet, notes that EUR/USD is gaining bearish strength post the release of a stronger than expected US NFP, further expecting that the pair may head lower towards 1.1100 levels on a weekly close below 1.1300...
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Andrius Kulvinskas, 6 February 2015, 16:34 #EUR/USD
NZD/USD fell more than 100 pips in a matter of minutes and printed a 2-day low in the lower 0.73’s after a strong US nonfarm payrolls report gave the greenback a boost. Nonfarm payrolls report showed the US economy created 257,000 jobs in January, beating expectations of 234,000...
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Andrius Kulvinskas, 6 February 2015, 15:46
The US dollar is trading higher after the good US employment report in January and against the Australian dollar, the pair is watching levels not seen in the day. The AUD/USD fell 95 pips from 0.7875 to trade at daily lows at 0.7780. Currently, AUD/USD is trading at 0.7800, down 0...
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Andrius Kulvinskas, 6 February 2015, 15:38
On Friday the greenback recovered against its peers, as investors anticipated the release of U.S. nonfarm payrolls data later in the day and as the previous session's jobless claims report lent support to the US currency...
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News, 6 February 2015, 13:10 #forex news, usd/jpy, GBP/USD
AUD/USD rose during the Asian session and peaked at 0.7858, reaching the highest price since January 29 and then pulled back modestly. During the last hours it has remained steady trading around 0.7830, on a quiet session as traders await the US employment report...
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Andrius Kulvinskas, 6 February 2015, 12:14
The GBP/USD fell below the 50-DMA located at 1.5325 after the data in the UK showed the total trade deficit in December rose more than expected, along with a sharp rise in the trade deficit with non-EU members. GBP/USD remains above 1.53 So far, the pair has managed to sustain gains above 1...
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Andrius Kulvinskas, 6 February 2015, 11:02 #GBP/USD
The shared currency is now trading in the lower bound of the intraday range vs. the US dollar, sending EUR/USD to the 1.1440/35 region. EUR/USD eyes on Payrolls The pair remain above the 1...
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Andrius Kulvinskas, 6 February 2015, 10:38 #EUR/USD
USD/CAD edged higher in the mid-European session, recovering losses from the previous session on strengthening US dollar across the board. Focus on US and Canada’s labour report Currently, the USD/CAD pair traded higher by 0.21% at fresh session highs of 1...
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Andrius Kulvinskas, 6 February 2015, 10:03 #usd/cad
AUDUSD - With AUDUSD threatening further corrective recovery, bull pressure is envisaged. On the downside, support resides at the 0.7750 level where a breach will aim at the 0.7700 level. Below that level will set the stage for a run at the 0...
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Andrius Kulvinskas, 6 February 2015, 09:13
The common currency largely bypassed the German data release, with EUR/USDsidelining around 1.1460/65. EUR/USD keeps the red The demand for the euro remains subdued on Friday while markets are exhibiting the classic flat-line pattern pre-US Payrolls...
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Andrius Kulvinskas, 6 February 2015, 08:43 #EUR/USD
According to FXStreet Editor and Analyst, Omkar Godbole, GBP/USD might remain stuck in the 1.5260-1.5340 range till the North American session opens. Key Quotes “The GBP/USD pair extended gains to 1.5340 levels in the previous session after having breached the resistance zone at 1.52-1...
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Andrius Kulvinskas, 6 February 2015, 08:38 #GBP/USD
EUR/USD is shedding some of yesterday gains, focused on the US Payrolls although keeping the trade above 1.1400. “Intra-day, the pair may remain supported going into the US NFP tonight (1330 GMT) and a breach of 1.1500 may invite a test towards 1...
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Andrius Kulvinskas, 6 February 2015, 08:05
For the 24 hours to 23:00 GMT, the GBP rose 0.97% against the USD and closed at 1.5335, extending its previous session gains. Yesterday, the BoE made no changes in its monetary policy and maintained its key interest rate unchanged at a record-low of 0.5...
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Andrius Kulvinskas, 6 February 2015, 08:02 #GBP/USD
For the 24 hours to 23:00 GMT, the EUR rose 1.23% against the USD and closed at 1.1477, on the back of stronger than expected factory orders data in Germany, coupled with the European Commission's upbeat assessment about the Euro-economy. Data showed that German factory orders rebounded 4...
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Andrius Kulvinskas, 6 February 2015, 07:56