Andrius Kulvinskas / Profile

Cristian Maggio, Head of EM Research at TD Securities, reviews today’s RBI’s policy decision, and further predicts that India to see a 50bps rate cut in H1, 2015. Key Quotes “The statement clarified that the repo rate was held at 7...

The London’s FTSE gained for the second day as a recovery in Crude prices pushed Energy and mining hares higher. Oil firms, Miners gain Weir Group gained 5.05%; top gainer so far. Miners like BHP Billiton, Anglo American, Antofagasta and Glencore Xstrata are up more than 4% each...

The shared currency remains almost unchanged vs. the greenback today, withEUR/USD navigating the 1.1330/40 area. EUR/USD muted after EMU data The pair largely ignored the release of the producer prices in the euro region, contracting more than estimated 1...

The rally in the EUR/AUD pair has been halted on reports that the European Central Bank may exit the “troika” of international lenders that governs Greece’s bailout...

Sitting below resistance within a downtrend, NZDUSD is likely yo appeal to bearish swing traders. Now we just need the catalyst to push it our way. Tomorrow morning New Zealand releases their quarterly employment data...

The RBA cut the cash rate for the first time since September 2013, by -25 bps, to a new record low of 2.25% in February. Aussie slumped to a new 2009-low of .7651 following the announcement as the central bank appeared more dovish than anticipated...

GBP/USD managed to recover the 1.5020 area following the better-than-expected Construction PMI in the UK economy. GBP/USD testing lows near 1.5000 The pair returned to the 1.5020/25 band after the Construction PMI surprised investors advancing to 59...

Crude prices in the US rose to USD 51.00/barrel, extending the two-day rally as falling rig count in the US is likely to curb supply. Prices fast approaching 50-DMA Crude prices are on their way to test the 50-DMA located at USD 51.675 after rallying more than 11% in the past two sessions...

Strategists at Westpac see the chance of anoher 25 bp rate cut by the BoC in its March meeting...

Markets have moved this morning on as yet unsubstantiated rumours that the European Central Bank is considering withdrawing from the Troika – the body of the ECB, EU and IMF monitoring Greece’s adherence to its austerity programme...

According to Valeria Bednarik, Chief Analyst at FXStreet, the EUR/USD range might terminate soon and give direction to the single currency which is seen extending its consolidative stage today. Key Quotes “The EUR/USD consolidative stage extends into Thursday, with the pair unable to find a way...

Gold prices advanced today in anticipation of the Chinese new year demand. The metal also recovered support from the surprise interest rate cut in Australia. Gold trades at 10-DMA The yellow metal trades at the 10-DMA level located at USD 1283...

The Westpac Research Team suggests high conviction FX trades based on their macro, model and technical views, targeting 0.72 levels for AUD/USD and 0.6850 levels for NZD/USD...

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, notes that the oil prices have rebounded above $50 after falling around 60% in the year, further views that it might be too early to conclude that the lows are now in place...

James Knightley, Senior Economist at ING, reviews UK’s manufacturing PMI release, and further adds that the manufacturing sector might make a stronger contribution to UK’s Q1 2015 GDP. Key Quotes “The UK’s manufacturing purchasing managers’ index rose to 53...

The Danske Bank Research Team comments that Greece would request for debt-swaps to ease its burden and not call for a debt write-off. Key Quotes “The new Greek government has revealed proposals for an agreement with its creditors...

The Australian dollar continues to get bashed by the Euro as the Reserve Bank of Australia’s (RBA) move towards accommodative policy hammered to Aussie to fresh multi-year lows. EUR/AUD jumps about 2% Currently, the EUR/AUD cross rallied to fresh one month highs at 1.4840 levels, gaining 2...