To add a new post, please log in or register
The USD/CAD extended gains to trade well above 1.25 levels on a weak Canadian Ivey PMI data and an upbeat US ISM non-manufacturing data. USD/CAD rises to 1.2550 The pair rose to 1.2550 as the CAD suffered a double blow in the form of weak data and falling Crude prices...
Currency
  • 200
  • 1
Andrius Kulvinskas, 4 February 2015, 16:31 #usd/cad
Valeria Bednarik, Chief Analyst at FXStreet, comments that technicals suggest AUD/USD outlook remains bearish in the short-term, expecting the pair to resume its decline one a break of 0.7735 levels...
Currency
  • 180
  • 2
Andrius Kulvinskas, 4 February 2015, 16:13
EUR/USD continues to give away part of Tuesday’s gains, now returning to the area of 1.1430, or session lows. EUR/USD focus on US calendar Spot has already retraced over a big-figure since yesterday’s tops around the mid-1...
Currency
  • 171
  • 1
Andrius Kulvinskas, 4 February 2015, 15:45 #EUR/USD
The greenback advanced versus the loonie on Wednesday following 2 days of losses and a 2-week low, as oil reversal underpinned USD/CAD. USD/CAD bottomed out at 1...
Currency
  • 198
  • 1
Andrius Kulvinskas, 4 February 2015, 15:32 #usd/cad
Chinese banks are among those in talks to take part in the replacement for the century-old gold fixing benchmark...
Metals
  • 519
  • 3
BlondieNews, 4 February 2015, 15:11 #xauusd, gold
FXStreet Editor and Analyst, Omkar Godbole, views that WTI Crude might resume its fall on supply concerns, expecting today’s numbers to show an increase in supply by 3.7 million barrels, adding to the 6 million barrels increase already reported by the API...
Crude Oil
  • 167
  • 1
Andrius Kulvinskas, 4 February 2015, 15:08
On Wednesday the pound sterling traded higher vs the greenback after data showing the U.K. service sector output grew at a faster than expected rate in January after slowing at the end of last year...
Currency
  • 403
  • 1
News, 4 February 2015, 13:56 #Bank of England, forex news
Greek Finance Minister Yanis Varoufakis extended his 'European tour' on Wednesday to Frankfurt, where he met European Central Bank (ECB) President Mario Draghi to discuss the possibility of debt relief for the embattled country...
Market News
  • 211
  • 1
Andrius Kulvinskas, 4 February 2015, 12:56
On Wednesday the greenback was broadly higher vs peers, as market players worried over Greece's plans to renegotiate its bailout, while keeping an eye on upcoming U.S. jobs and service sector data. The euro slipped lower despite upbeat...
Currency
  • 472
  • 1
News, 4 February 2015, 12:46 #Bank of England, forex news
Jane Foley, Senior Currency Strategist at Rabobank, forecasts USD/CAD to move towards 1.28 levels over the next 3 months, citing CAD’s sensitivity to oil prices...
Currency
  • 205
  • 1
Andrius Kulvinskas, 4 February 2015, 12:41 #usd/cad
According to BofA-Merrill Lynch, Fed might hike rates by 25bp in September, and follow with similar hikes at its other meetings, in spite of inflation remaining below the Fed’s target...
Market News
  • 243
  • 1
Andrius Kulvinskas, 4 February 2015, 12:29
WTI Oil futures on NYMEX snapped its three-day rally and declined today, moving away from fresh monthly highs as traders remain cautious ahead of a US inventory report. WTI below USD 52/ barrel Currently, WTI oil trades 3.06% lower at USD 51...
Crude Oil
  • 181
  • 1
Andrius Kulvinskas, 4 February 2015, 12:26
Gold prices extended gains to trade above the 50-week average located at USD 1266.25/Oz levels after China announced a cut in its reserve requirement rate...
Metals
  • 228
  • 1
Andrius Kulvinskas, 4 February 2015, 12:23 #gold
After being alerted of prices being near a down trendline in NZDCAD, it also can be seen that Analytical Trader is pointing that the background is weak both in M30 and H1, which is a good indication...
Crude Oil
  • 268
  • 2
Leonardo Barata, 4 February 2015, 12:16
The AUD/USD inched closer to 0.7850 levels after the People’s Bank of China (Pboc) cut reserve requirement ratio to 19.5% from 20.0%. Gains capped by weakness in commodities The pair currently trades at 0.7807levels after having hit a high of 0...
Currency
  • 192
  • 1
Andrius Kulvinskas, 4 February 2015, 12:09
Gold edged up Wednesday, boosted by expectations that Greece is nearing a debt deal with its international creditors. Gold prices continued their rally Wednesday as investor confidence is growing that Athens’ protracted standoff with the troika of international lenders is finally over...
Metals
  • 258
Andrius Kulvinskas, 4 February 2015, 11:13 #gold
EUR/USD recovered from session lows after services sector activities expanded across the Euro area economies with France bucking the trend. EUR/USD recovers from 1.1437 levels The EUR/USD erased partial losses and traded at 1.1471 levels, post the PMI data release...
Currency
  • 205
Andrius Kulvinskas, 4 February 2015, 10:23 #EUR/USD
Have oil prices bottomed out? That's a question the answer to which is worth billions of dollars. So far, oil prices have jumped around 20 per cent after hitting a five-year low in mid-January...
Crude Oil
  • 513
Anton Voropaev, 4 February 2015, 10:21 #OPEC
The AUD/USD pair has recovered most of its losses triggered by the surprise interest rate cut by the Reserve Banks of Australia (RBA) see in the previous session. Gains capped at 10-DMA The recovery seen in the AUD/USD pair was halted near the 10-DMA located at 0.7830 levels...
Currency
  • 150
Andrius Kulvinskas, 4 February 2015, 10:07
Crude prices in the US snapped a four day rally as concerns of excess supply resurfaced after a report in the US showed a rise in weekly inventory. Crude trades above 50-DMA Crude prices continue to trade above the 50-DMA located at USD 51...
Crude Oil
  • 175
Andrius Kulvinskas, 4 February 2015, 09:41