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Andrius Kulvinskas
Post pubblicati USD/CAD gains to pick up above 1.2540/50
Shaun Osborne, Chief FX Strategist at TD Securities, views any USD/CAD weakness to find supportd in mid/upper 1.23 levels, expecting the pair to pick up gains above 1.2540/50...
Andrius Kulvinskas
Post pubblicati EUR/USD – Stable After Sharp Losses To End Week
The euro is stable on Monday, as EUR/USD trades in the mid-1.13 range. On the release front, there are no major European or US events on the schedule. The German trade surplus widened to EUR 21.8 billion. Eurozone Sentix Investor Confidence jumped to 12.4 points...
Andrius Kulvinskas
Post pubblicati OPEC cuts non-OPEC oil supply forecast
The Organization of Petroleum Exporting Countries (OPEC) lowered its estimate for non-OPEC supply growth in 2015 as US drillers are expected to pump less oil after the collapse in oil price...
Andrius Kulvinskas
Post pubblicati Key events in the week ahead for Eurozone
The TD Securities Team previews the key events in the week ahead for Eurozone, noting that BOE’s QIR and Greece will likely be the spotlight. Key Quotes “The Bank of England releases its Inflation Report on Thursday and our base case is for a slightly hawkish outcome...
Andrius Kulvinskas
Andrius Kulvinskas
GERMAN FIVE-YEAR NOTE YIELD DROPS TO RECORD-LOW MINUS 0.061%
Andrius Kulvinskas
Post pubblicati NZD/USD posts fresh session highs, 0.7450 in sight
NZD/USD extended its upward trajectory in the European session, largely backed by chart-driven gains as a bounce-back in the Aussie further accelerated the gains. Sustains above 0.7400 levels Currently, the NZD/USD traded 0.69% higher on the day at 0...
Andrius Kulvinskas
Post pubblicati EUR/USD deflates to 1.1310
The offered tone is now returning to the common currency, dragging EUR/USD to the lower bound of the range near 1.1310. EUR/USD down from 1.1360 The pair left the area of session highs around 1...
Andrius Kulvinskas
Post pubblicati USD/JPY: Yen ticks higher amid risk-off trades on ‘Grexit’ fears
USD/JPY reversed previous gains and fell to fresh daily lows during the European session as Grexit rumours re-emerged, boosting safe-haven appeal for the yen. USD/JPY bounces-off 118.50 levels Currently, the USD/JPY traded lower by -0.46% at 118.58 levels, close to fresh daily lows posted at 118...
Andrius Kulvinskas
Post pubblicati EUR/USD heavy below 1.1370
According to Valeria Bednarik, Chief Analyst at FXStreet, technicals favour a EUR/USD slide towards 1.1250 on a break below 1.1290 levels, with sellers around 1.1360 price zone exerting some downside pressure on the pair. Key Quotes “[...
Andrius Kulvinskas
Post pubblicati Gold trades above USD 1240 amid rising geopolitical tensions
Gold prices on Comex broke above USD 1240 levels and climbed higher on increased safe haven bids for gold amid renewed geopolitical crisis in Greece and Ukraine. Gold gains on broad based risk-aversion Currently, gold trades higher by 0.62% at 1242...
Andrius Kulvinskas
Post pubblicati Euro will collapse if ‘Grexit’ happens - Greek Fin Min Varoufakis
Greek Finance Minister Yanis Varoufakis said that Greece's exit of the euro zone would provide an incentive for other countries to follow, eventually leading to a collapse of the currency bloc...
Andrius Kulvinskas
Post pubblicati EUR/USD around 1.1340 post
The shared currency remains within the intraday range on Monday, taking EUR/USD to the area of 1.1340/45. EUR/USD muted after Sentix The pair kept the composure after the Sentix index, which tracks the Investor Confidence in the euro area, climbed to 12...
Andrius Kulvinskas
Post pubblicati Sterling could rebound after BOE’s QIR
The Investec Team explains that Sterling might see a rebound post BOE’s QIR as the market brings forward the expected normalisation path by the MPC, with inflation likely to be seen rising towards 2% target over the medium-term...
Andrius Kulvinskas
Post pubblicati Greece will remain in the spotlight this week
In the opinion of analysts at UOB Group, the developments from Greece will be the main focus of attention ahead in the week. Key Quotes “The focus remains on Greece, with the Eurogroup expected to discuss the issues on Wednesday ahead of a European Council meeting at the end of the week”...
Andrius Kulvinskas
Post pubblicati GBP/USD upward extension likely
Valeria Bednarik, Chief Analyst at FXStreet, notes that GBP/USD might move towards 1.5320/40 levels on a break above 1.5270 levels. Key Quotes “The pair found support in the 38.2% retracement of its latest bullish run measured from 1.4987 to 1.5351 around 1...
Andrius Kulvinskas
Post pubblicati Oil pouring confusion in the UK economy story
James Knightley, Senior Economist at ING, comments that the swings in oil prices and demand are pouring unnecessary confusion in the UK economy’s growth story as the current oil related deficit was only due to the large buildup in inventories due to low prices...
Andrius Kulvinskas
Andrius Kulvinskas
Financial operations are blocked - ???
Andrius Kulvinskas
Post pubblicati EUR/USD sellers above 1.1345
FXStreet Editor and Analyst, Omkar Godbole, views that the EUR/USD pair is unlikely to sustain gains above 1.1345, with the pair likely to test 1.1303 levels. Key Quotes “The EUR/USD pair is struggling to rise above 1.1340 levels, after having ended lower on Friday at 1.1319 levels...
Andrius Kulvinskas
Post pubblicati Gold sees a minor recovery on weak Chinese trade data
Gold prices recovered marginally to USD 1240/Oz levels after the Chinese trade data showed further economic weakness in China. Gains capped by strong USD The yellow metal recovered from the Friday’s closing of USD 1234.2/Oz after the data in China showed showed China's exports falling 3...
Andrius Kulvinskas
Post pubblicati GBP/USD likely to test 1.5221
According to FXStreet Editor and Analyst, Omkar Godbole, the GBP/USD pair is likely to test 1.5221 levels, with technicals supporting the bearish view. Key Quotes “The GBP/USD pair ended lower on Friday at 1.5236 after having failed to extend gains above the 10-week SMA...