Andrius Kulvinskas / Profile

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...

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...

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...

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...

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...

Analysts at Danske Bank see the pair resuming its downside, targeting 1.10 during the first half of 2015. Key Quotes “More broadly, the rise in the oil price and converging economic cycles is the main themes in FX markets”. “EUR/USD has rebounded sharply and the DXY index is weakening”...

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...

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...

Valeria Bednarik, Chief Analyst at FXStreet, notes that today’s expectedly strong UK Markit Services PMI might support GBP/USD, expecting a break above the immediate resistance at 1.5220 to lead the pair higher towards 1.5250 levels...

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...

The Danske Bank Research Team, mentions that the further rise in oil prices led S&P 500 to register a gain of 1.4%, with energy stocks recording the biggest gains...

Analysts at UOB Group, view the short-term outlook for GBP/USD as positive, with immediate risk being on the upside. Key Quotes “Despite improving short-term upward momentum, only a break above the key resistance at 1.5270 would indicate the start of a sustained mid-term recovery...

The EUR/USD pair trades dead flat as investors await services PMI reports across the Eurozone, while assuming Greek fears remain subdued. Stuck in a 30-pip range The pair has been restricted in a narrow range of 1.1483-1...

Gold prices inched higher on signs of weakness in the European equities even though Greek fears continue to subside. Safe haven demand may return on weak European equities The metal may see a rise in safe haven demand as the major European equity futures are trading in the red...

GBP/USD pared previous gains and steadied above 1.5150 levels as traders now await UK Service PMI reading which may beat market estimates following previous upbeat PMI reading from the UK. Sustains above 1.5150 The GBP/USD pair traded flat at 1.5156 levels, retreating from day’s high posted at 1...

FXStreet Editor and Analyst, Omkar Godbole, expects EUR/USD might make another move towards its previous high at 1.1535 levels, with technicals supporting this view. Key Quotes “The pair witnessed an upside breakout from the trading range to test 1.1535 levels, before finishing at 1.1482 levels...

- NZD/USD extended its recovery mode in to the European morning, rallying to fresh session highs as traders continue to cheer Reserve Bank of New Zealand (RBNZ) Governor Wheeler’s dovish tone. Retraces from day’s high at 0.7449 Currently, the NZD/USD extended gains and trades at 0...

For today R4 - 1.1652 / R3 - 1.1587 / R2 - 1.1540 / R1 - 1.1500 SPOT 1.1471 S1 - 1.1449 / S2 - 1.1420 / S3 - 1.1360 / S4 - 1.1337 BUY AT 1.1427 FOR 1.1652 OBJECTIVE, STOP 1.1360...

Dollar weakness was the theme of the day on Tuesday, and although there were no clear catalysts for the USD sell-off, oil recovery worked against the US currency for sure. EUR/USD rose 2 big figures and scored a high of 1.1533 amid headlines about Greek debt negotiations...