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Andrius Kulvinskas
パブリッシュされた投稿USD/CAD halts losses on weak Canadian PMI data
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...
Andrius Kulvinskas
パブリッシュされた投稿Oil Extends Advance From Six-Year Low Amid U.S. Refinery Strike
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...
Andrius Kulvinskas
パブリッシュされた投稿No need for further easing by the RBA – BAML
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...
Andrius Kulvinskas
パブリッシュされた投稿USD/CAD drops below 1.2700
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...
Andrius Kulvinskas
パブリッシュされた投稿U.S. real estate ETF rally faces test with rate rise
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...
Andrius Kulvinskas
パブリッシュされた投稿Oil rallies to monthly highs on falling US rig count
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...
Andrius Kulvinskas
パブリッシュされた投稿Key events this week: US NFP may come out higher than expected – TDS
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...
Andrius Kulvinskas
パブリッシュされた投稿EUR/CHF holds above 1.0500
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...
Andrius Kulvinskas
パブリッシュされた投稿AUD/NZD posts fresh session highs, RBA in focus
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...
Andrius Kulvinskas
パブリッシュされた投稿USDCAD triggers stops below 1.2700 as oil price rallies
Stops below decent demand at 1.270o has kicked the pair to 1.2680 where more bids await Oil prices have risen steadily this morning with Brent posting 55.60 from lows of 51.38 in Asia Currently 54.90 and 1.2685 GBPCAD finding it tough above 1.9225 again and has fallen to 1...
Andrius Kulvinskas
パブリッシュされた投稿US Payrolls can still surprise to the upside – UOB Group
Analysts at UOB Group did not rule out a better-than-expected Non farm Payrolls for the month of January, due on Friday. Key Quotes “In the US, the data highlight for the week ahead is the widely watched non-farm payrolls data for January on Friday”...
Andrius Kulvinskas
パブリッシュされた投稿GBP/USD supported at 1.5000
The demand for the sterling remains on the back footing at the beginning of the week, with GBP/USD now retaking 1.5030 after testing lows near 1.5000 the figure...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD hits fresh session highs at 1.1355
EUR/USD climbed higher to clock fresh session highs at 1.1355 levels in the mid-European session, despite mixed PMI numbers from the Euro zone. Upside restricted on Greek concerns The EUR/USD now trades at 1.1344 levels, higher by 0.51% on the day...
Andrius Kulvinskas
パブリッシュされた投稿Will start bond buying in the first two weeks of March – ECB’s Coeure
The European Central Bank (ECB) member Benoit Coeure said today that the bank would begin its bond purchases in the first two weeks of March...
Andrius Kulvinskas
パブリッシュされた投稿AUD/USD unable to hold above 0.7800, eyes on RBA
AUD/USD broke momentarily above 0.7800 during the European session and printed a fresh daily high at 0.7811, but then lost strength and pulled back below. Currently the pair is hovering around 0...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD: little room for a strong advance
Valeria Bednarik, Chief Analyst at FXStreet, notes that selling interested has contained EUR/USD’s advance in the 1.1365 price zone, thus limiting any strong gains for the pair...
Andrius Kulvinskas
パブリッシュされた投稿GBP/USD bounces off lows post-PMI
After dipping to session lows around 1.5040/30, GBP/USD is now back near 1.5070 after the release of the manufacturing PMI. GBP/USD trims losses The pair is back to the positive territory after the manufacturing PMI in the British economy surprised investors in January, advancing to 53.0 vs...
Andrius Kulvinskas
パブリッシュされた投稿Weak commodities & deteriorating investment might force RBA to cut rates – ING
According to James Knightley, Senior Economist at ING, with the ECB and BoC having eased policy, the RBA might cut rates 25bp given the weak commodity backdrop and a deteriorating outlook for investment. Key Quotes “At the December Reserve Bank of Australia meeting, the cash rate was left at 2...
Andrius Kulvinskas
パブリッシュされた投稿Support & Resistance for NZD/USD
For today R4 - 0.7405 / R3 - 0.7388 / R2 - 0.7348 / R1 - 0.7314 SPOT 0.7258 S1 - 0.7215 / S2 - 0.7181 / S3 - 0.7120 / S4 - 0.7000 SELL AT .7330 FOR .7120; STOP AT .7405...
Andrius Kulvinskas
パブリッシュされた投稿USD/CAD heads towards fresh 6-year Highs
The US dollar extended gains against the Canadian counterpart from a choppy Asian session, inching towards fresh six-year highs reached at 1.2798 levels in the last week. Eyes 1.2800 levels Currently, the USD/CAD pair traded higher by 0.23% at 1.2763 previously clocked intraday high at 1...