Andrius Kulvinskas / Profile

Jane Foley, Senior Currency Strategist at Rabobank, places the pair in the area of 0.7000 on a 12-month horizon. Key Quotes “The value of AUD/USD may have fallen sharply since July 2014 but Australia’s effective exchange rate has shown less movement”...

Shaun Osborne, Chief FX Strategist at TD Securities, views that EUR/USD’s rebound after the sharp dip post ECB’s decision to curb Greek banks’ access to funding might cap around 1.1480/90...

Sabine Schels, Commodity Strategist at BofA-Merrill Lynch, explains that unless oil production guidance for 2015 goes negative or Saudi Arabia changes its policies, WTI and Brent may fall to $32/barrel and $31/barrel respectively by the end of Q1 2015...

The European Central Bank’s (ECB) chief economist Peter Praet said today that the European Central Bank’s (ECB) simply applied rules as it decided to end its exemption from credit requirements for Greek bonds...

According to FXStreet Editor and Analyst, Omkar Godbole, supportive UK data and BoE’s relatively hawkish stance is likely to pour strength into GBP/USD for a further rise towards 1.5329 levels. Key Quotes “GBP/USD could test the 50-DMA located at 1...

The Brown Brothers Harriman Team shares that Greek bonds yields have climbed sharply and stocks have fallen by around 5.5% post ECB’s decision to curtail liquidity to Greek banks. Key Quotes “Following the election results, Syriza came out swinging...

The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5 percent. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at GBP375bn. The minutes of the meeting will be published at 9...

The Economic Bulletin released today by the European Central Bank highlighted the effects of the sharp decline in oil prices as well as the continuing low inflation environment in the Eurozone. The bulletin stated that the recent decline in oil prices is supporting the global economic recovery...

The European Commission (EC), in its winter forecasts, upgraded its Eurozone growth forecasts for 2015, while predicting growth for every country in the EU in 2015 for the first time since 2015. The EC raised its 2015 GDP forecast to 1.3% this year from the 1.1% seen in November and to 1...

The Crude prices in the US steadied post 9% losses seen in the previous session as supply concerns resurfaced after the data showed inventories in the US rose to record highs...

Market Brief EUR complex was hit hard by the news that the ECB would take a further hard stance on Greece. ECBs Governing Council lifted the current waiver of a minimum credit rating requirements for debt instruments issued by Greece...

EURUSD sold-off from 1.1500-1.1540 resistance area that we highlighted it yesterday. We can see that price already made slight move beneath he channel line which means that wave 4) probably accomplished a corrective set-back...

The Investec Team comments that ECB’s decision to restrict funding to Greece by banning the use of junk-related Greek government bonds as collateral is actually a measure to protect the central bank from any potential losses out of a greek debt restructuring...

According to KBC Bank, ECB’s decision to stop liquidity assistance to Greek banks increases the risk of a bank default and a possible Grexit...

An investigation into retail giant Tesco's supplier practices, including delays in payments, was launched Thursday by Britain's supermarket watchdog...

Gold traders may have noticed the highs getting lower on the charts while at the same time the lows are getting higher. This is leading to a squeeze in the price of gold that will likely result in a breakout and a strong move either way...

The eFXnews Team shares SEB’s intraday technical outlook for EUR/USD, expecting 1.1395 to cap the pair’s upside. Key Quotes “Yesterday’s price action indicates that the upward reaction fell short of its ideal target, the equality point between wave a and c, 1.1588...