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The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and USD/CAD. EUR/USD: has been choppy on uncertainty around Greece. The pair overnight traded up to 1.1353 on news that Greece will stay in EU bailout program but slipped back to 1...
On Thursday the International Monetary Fund said it would provide a new four-year $17.5bn bailout for Ukraine that is expected to lead to a restructuring of Kiev’s privately-held debts so that it can shore up its public finances, Financial Times reports...
The Australian Bureau of Statistics said on Thursday that the number of people employed fell by 12,200 to 11.668 million in January, against market expectations of a fall of 5,000. This took the official unemployment rate to 6.4 per cent from 6...
The Russian currency rallied and stocks surged after the leaders of Russia, Ukraine, Germany and France reached a deal on a cease-fire in Ukraine from midnight, Feb.15...
The US data calendar has been quiet following the January employment report but picks up again Thursday with the release of January retail sales, notes BNP Paribas. "Headline sales will likely fall for the second month in a row, but largely because of the effects of falling gasoline prices...
Another contraction in U.S. Retail Sales may drag on the greenback and generate a near-term rebound in EUR/USD as it dampens the Fed’s scope to raise the benchmark interest rate in mid-2015...
European shares surged on Thursday morning after Russian President Vladimir Putin said a deal was reached in Ukrainian peace negotiations and a ceasefire would start on Feb 15, says Reuters...
Gold regained ground on Thursday after hitting five-week low on Wednesday, as negotiations between Greece and European Union officials failed to progress on a way forward to allow Athens to get a needed funding program in place before the end of the month...
Greece “gets so much noise from everyone, that it’s so fascinating that it causes the typical mom and pop that are saving not to want to invest because they’re afraid,” BlackRock Inc. President Robert Kapito said in an interview in Miami...
Overnight, the Greek bailout crisis has taken a disappointing turn, after yesterday’s eurogroup meeting in Brussels failed to agree a blueprint for future talks...
The AceTrader Team shares the technical setup for EUR/USD, with the team suggesting going short on the single currency, targeting 1.1245/55 levels. Key Quotes “On the bigger picture, euro's early decline fm last Tue's high of 1...
The Varengold Bank Research Team shares the technical outlook for AUD/USD. Key Quotes “Technically the AUDUSD is in a clear downtrend once conformed the H-S pattern.” “The pair is closed to the very long term trend-line which should be strong enough to support the bearish trend, at least at first...
Hong Kong’s central bank has warned people against investing in virtual currencies like Bitcoin. The decision came after the bank across with local media reports that a Bitcoin exchange may have run off with $387 million in client funds. This is expected to be one of the biggest Bitcoin scandal...
For today R4 - 1.1427 / R3 - 1.1401 / R2 - 1.1359 / R1 - 1.1338 SPOT 1.1316 S1 - 1.1280 / S2 - 1.1261 / S3 - 1.1224 / S4 - 1.1098 SHORT AT 1.1310 FOR 1.1098; STOP AT 1.1401...
Tesla Motors Inc. Chief Executive Elon Musk thinks that the company’s market capitalization could equal the one of Apple Inc.’s in 10 years, says MarketWatch. Musk made the comments on a conference call with analysts following Tesla’s unexpected quarterly loss...
China's 1.3 billion citizenry is about to embark on the biggest movement of people in the world to celebrate the Lunar New Year with family and friends. Factories, schools, government offices - everything reminding of work - will be closed...
Amid high Supply news around headlines prices still look for upside in hopes more supply will rise at high prices so traders look to sell at maximum high prices for next cooming months...
Sean Callow of Westpac, shares that the disappointing Australian jobs data has had the markets pricing in a 25bp cut by the RBA at the March meeting, with probability of easing now standing at 75% from previous 50...
The TD Securities Team shares the market performance in the Asian trade, noting that AUD/USD was the biggest mover in the FX space post the disappointing jobs data release, while euro was seen pressurised by the inconclusive Greece discussions...
On Thursday the Australian dollar dropped sharply on disappointing jobs data that underlined a vulnerable view on economic recovery and on continued turmoil in Greece bailout talks...
