Andrius Kulvinskas / Profil

Brian Mangwiro of RBS, shares the CFTC positioning of currency futures as of 3rd February, noting that specs are still long USD, with heavy shorts on EUR, AUD and CAD. Key Quotes “USD (DXY) longs rose ~1k to 71.6k (record high is 73.1k).” “Euro shorts continue to surge; rose another 11...

EUR/USD keeps the trade in the vicinity of 1.1320/30, recovering ground after a negative start in sub-1.1300 levels. According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair “spent much of last week consolidating just below the initial retracement level at 1.1520 (23...

Imre Speizer of Westpac views that NZD/USD momentum remains negative, and although it has fallen sharply since mid-July (-9%), there’s nothing to halt a further push to 0.7120 during the weeks ahead, and possibly even lower...

WTI Oil futures on Nymex remained lifted on news that the number of rigs drilling for oil in the US fell to the lowest level since December 2011. Eyes USD 53/ barrel Currently, WTI oil trades 0.46% higher at USD 51.93/ barrel, retreating from fresh session lows posted at 51...

EUR opened today with a small downside gap but the 1.1290 support stopped the downside move and the price bounced back to 1.1340 resistance. Next resistance comes at 1.1360-1.1380 area and above that the upside will accelerate. Target will be set at 1.1530, but before that 1.1410 and 1...

Karen Jones, Head of Technical Analysis at Commerzbank, gives the technical outlook and the trade setup for EUR/CHF and USD/CHF. Key Quotes “EUR/CHF last week rallied to, tested and held below the 1.0600/70 region – this is the 61.8% retracement of the sell off.” “It is increasingly likely that 1...

National Bank of GreeceChairman George Zannias and Chief Executive Officer Alexandros Tourkoliasplan to step down from their positions in Greece's central bank in the next few days, CEO Tourkolias said on Sunday...

The Nomura Team shares the positives and negative points of Friday’s US jobs report. Key Quotes Positives “Nonfarm payrolls rose by 257k (Consensus: 228k, Nomura: 230k). The pace of job creation in December and November was revised up by 70k and 77k, respectively...

Analysts at Deutsche Bank share the FX trade setup for EM currencies. Key Quotes “Open long EUR/ILS on expected BoI reaction to hefty appreciation, low inflation, and very extended technicals...

Big U.S. banks say that a proposed Federal Reserve rule on higher capital requirements would penalize them if the dollar remains strong against the euro, as it would make their dollar-denominated assets and operations look larger relative to their European peers, the Wall Street Journal reported...

EUR/USD holds above 1.13 threshold in the late-Asian session, quickly recovering from a dip below 1.1300 in the Asian opening hours. Greece talks in focus The EUR/USD now trades at 1.1339 levels, up 0.20% on the day, heading towards previously posted daily highs at 1.1341 levels...

Gold prices on Comex remain slightly elevated in the Asian session as weaker than estimates Chinese trade balance data dragged Asian equities lower, making gold more attractive for investors. Rises from 1235.30 levels Currently, gold trades higher by 0.22% at 1237...

According to FXStreet Editor and Analyst, Dhwani Mehta, XAU/USD is likely to break lower to retest 1228.64 levels, but a failure to break the support might lead the pair to rebound higher...

The start of a new week didn't create much disturbances in currency values, with the main theme still being the strong USD after a stellar NFP last Friday, while the Aussie was lower across the board on China's downbeat trade imports. AUD/USD traded in a tight range between 0.7748 and 0...

Research Analysts at Nomura, explain that the PBoC favours taking fiscal policy actions rather than changing monetary policy, and see little risks of any FX policy intervention in the near term...

The Atlanta Fed President Dennis Lockhart, who will be amongst the few officials that will vote whether to start raising rates, supported a move as early as June...

AUD/USD opened the week on a bearish note and holds losses as the Aussie remains pressured on weak Chinese data and falling copper and precious metal prices. Down from 0.7778 levels Currently, the AUD/USD trades lower by -0.41% at 0...

NZD/USD advanced in the Asian trading, wiping out losses from the previous session, despite downbeat Chinese trade data released over the weekend. Trades above 5-DMA Currently, the NZD/USD traded 0.12% higher on the day at 0.7371, retracing from previously posted day’s high at 0.7378 levels...

Analysts at Rabobank explained the escalating tensions over a Grexit. Key Quotes: "In Europe we have seen further escalation...

According to FX Strategists at RBS, this week's Bank of England Quarterly Inflation Report is expected to provide a dovish broad policy signal...