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Andrius Kulvinskas
パブリッシュされた投稿EUR/USD challenges 1.1400
EUR/USD pushed higher and briefly rose above the 1.14 mark at the beginning of the American session, amid comments about Greek debt situation...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD short-term technicals mixed – Scotiabank
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR/USD short-term technicals as mixed, with the pair still trading within its 8-session range of 1.1098 – 1.1423. Key Quotes “EUR is flat, still trading within its 8‐session range of 1.1098 to 1...
Andrius Kulvinskas
パブリッシュされた投稿Oil erases losses for 2015 as majors take action
Oil prices rallied again Tuesday, with producers announcing spending cuts that added to a slew of positive factors helping to drive the commodity higher. U.S. crude climbed more than $1.50 a barrel on Tuesday and was trading above $51 a barrel by 12:30 p.m GMT (7:30 a.m. EST...
Andrius Kulvinskas
パブリッシュされた投稿RBA joins the central bank parade – BBH
The Brown Brothers Harriman Team shares that RBA has joined the central bank chorus of easing policy by slicing 25bps off its rates, and further add that there exists possibility of another rate cut in Q2. Key Quotes The Reserve Bank of Australia joined the chorus of central banks to ease policy...
Andrius Kulvinskas
パブリッシュされた投稿USD/CAD falls to fresh one-week lows
The US dollar shaved off previous gains and fell back in red as solid recovery in oil prices lifted the resource-lined loonie. 1.2500 levels eyed Currently, the USD/CAD trades at fresh one-week lows of 1.2532 levels, down -0.28% on the day, retracing from day’s high at 1.2644 levels...
Andrius Kulvinskas
パブリッシュされた投稿WTI set to surge further – BAML
The Research Team at Bank of America-Merrill Lynch, expects WTI Crude’s gains to continue towards $54.33 levels. Key Quotes “Evidence suggests that Friday's surge higher in WTI has further to run...
Andrius Kulvinskas
パブリッシュされた投稿Silver gains more than 2%
Silver prices advanced today after having capped losses around USD 17.00 for last four trading sessions. Gains capped at 10-DMA The gains in the metal have been capped at the 10-DMA located at USD 17.68/Oz levels...
Andrius Kulvinskas
パブリッシュされた投稿With RBA likely to act further, AUD/USD might move towards 0.70 – Rabobank
Jane Foley, Senior Currency Strategist at Rabobank, forecasts AUD/USD to head towards 0.70 levels over the next 12 months as the threat of further RBA policy action increases...
Andrius Kulvinskas
パブリッシュされた投稿RBI might cut rates by 50bps in H1 2015 – TDS
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...
Andrius Kulvinskas
パブリッシュされた投稿Oil shares push up FTSE
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...
Andrius Kulvinskas
Andrius Kulvinskas
A Month in FX: The Dollar Starts the Year with a Bang
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD around 1.1340 on data
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...
Andrius Kulvinskas
パブリッシュされた投稿EUR/AUD halts rally on possibility of ECB exiting troika
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...
Andrius Kulvinskas
パブリッシュされた投稿NZDUSD Ripe To Fade
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...
Andrius Kulvinskas
パブリッシュされた投稿RBA Cut Rate For The First Time In 18 Months
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...
Andrius Kulvinskas
パブリッシュされた投稿GBP/USD back to 1.5020 post-PMI
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...
Andrius Kulvinskas
パブリッシュされた投稿WTI Crude rises above USD 51.00
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...