Andrius Kulvinskas / Profile

The sterling is transiting an even session vs. the greenback on Tuesday, relegatingGBP/USD to the low-1.5000s. GBP/USD keeps 1.50 ahead of data The pair is following the erratic mood in the risk-associated space during the first half of the week, at least managing to keep the trade above the 1...

The US dollar bounced-back against the Canadian counterpart in the early European morning, reversing previous losses as profit taking pushed the loonie on the back seat. Back above 1.2600 Currently, the USD/CAD recovered previous losses and traded higher by 0.43% at 1.2622 levels...

According to ANZ Economists, the RBA is likely to follow up today’s move with another cut in March. Key Quotes "The tone of the Statement was more dovish than we had expected with obvious concern for underlying growth in domestic demand...

EUR/USD extended its accumulation phase for fourth day in a row, unable to breach the 1.14 barrier and wavers above 1.13 handle. EUR/USD trades lack lustre The EUR/USD now trades at 1.1327 levels, down -0.13% on the day, bouncing off day’s high at 1.1351 levels. EUR/USD remains weak below 1...

The RBA finally decided that the best course of action to stimulate both price levels and the economy would be to cut its rate by 25bp to 2.25%, however, the question now is, will the easing bias prevail? And if so, how many more cuts can we expect before year-end...

AUD/NZD has dropped like a rock over 1.2 cents after the RBA decided to cut the interest rate by 25bp to 2.25% today, leading the exchange rate to trip stops sub 1.0620, printing a new 2-week low of 1.0574 before a rebound towards 1.0610/15 presently...

AUD/JPY shaved-off gains and plummeted to fresh yearly lows as Reserve Bank of Australia (RBA) surprised most traders by cutting its policy rate to new record lows. Sinks over 2% from 91.61 levels post RBA action Currently, the AUD/JPY pair hit fresh 1-year low at 89.69, a recording 2...

The Reserve Bank of Australia decided to cut the interest rate to a new record-low of 2.25% vs 2.5% prior, after strong speculation that the Central Bank would probably act amid global deflationary pressures...

AUD/USD plunged to fresh five and half year lows after the Reserve Bank of Australia (RBA) slashed its official cash rate (OCR) by 25 bps from 2.50% to record low of 2.25%. Down from 0.7800 levels Currently, the AUD/USD collapsed -1.72% and trades at fresh multi year lows of 0...

Talking Points: Norges Bank increases their sale of FX equivalent to NOK 700 million per day USDNOK moves to support on the Daily chart Due mainly to falling energy prices, revenues from the State’s Direct Financial Interest have once again exceeded the amount transferred to the Global Pension Fu...

The KBC Bank Research Deskreviews today’s US ISM manufacturing data release, noting that ISM registered a drop for the third consecutive month, falling to 53.5 due to poor demand from abroad. Key Quotes “In January, the US manufacturing ISM dropped for a third consecutive month, from 55.1 to 53...

The USD/CAD pair halted losses after the Canadian manufacturing PMI printed at a weakest level in 21 months in January. Recovery in Crude supports CAD WTI crude prices have recovered to trade 0.25% higher at USD 48.36/barrel after having hit a low of USD 46.68/barrel earlier today...

Crude oil extended a surge from the lowest level in almost six years on speculation that some investors are buying contracts to close out bearish bets. U.S. gasoline advanced as workers at some of the nation’s refineries began strike action. West Texas Intermediate futures gained as much as 4...

According to Bank of America-Merrill Lynch, the domestic scenario in Australia has not deteriorated enough that further easing be required, and hence predict the RBA to keep rates on hold in the upcoming meeting...

USD/CAD was moving toward fresh multi-year highs but then turned to the downside and lost more than a hundred pirp in a few hours as crude oil jumped more than 2.50% with the barrel trading near $50. The pair climbed earlier to 1.2772, less than 30 pips below last week highs and then pulled back...

Investors who have been piling into real estate exchange-traded funds over the past year could be in for a rocky ride if the Federal Reserve raises interest rates later this year as expected. The record $10...

Oil futures on NYMEX rebounded from the weak Chinese PMI data induced slump and rallied as investors now turned their focus on decline in US oil drilling. WTI eyes USD 50 and Brent hover around USD 55 Currently, WTI oil trades 3.26% higher at USD 49.82/ barrel and Brent trades 3...

The TD Securities Team previews the key events of the week ahead, further expecting US NFP to register an above consensus print at 245k. Key Quotes “The highlight of the week ahead will be the North American employment reports on Friday...

EUR/CHF printed a fresh daily high at 1.0586, reaching a fresh post SNB turmoil and then pulled back modestly. It was trading at 1.0440/50, almost 200 pips above Friday’s closing price...

AUD/NZD extended gains for the third straight session as the Aussie outperformed its Oz counterpart ahead of Reserve Bank of Australia’s official cash rate announcement due tomorrow. Currently, the AUD/NZD pair trades at fresh session highs at 1.073- levels, recording a 0.32% gain on the day...