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Andrius Kulvinskas
US stocks closed near lows of the day; but positive on the week gönderisini yayınladı
Wall Street closed lower on Friday at the end of a volatile week that pushed major averages close to break-even in the year. Investors welcomed the strong employment report in January; however, fears of a earlier-than-expected Fed hike rate hit risk appetite...
Andrius Kulvinskas
EUR/USD ending the week slightly up in bears layer gönderisini yayınladı
EUR/USD is trading at 1.1318 with a high of 1.1486 and a low of 1.1312...
Andrius Kulvinskas
GBP/USD on its way to 1.5200? gönderisini yayınladı
The sterling keeps giving away previous gains vs. the greenback, relegating GBP/USD to the 1.5215/10 area. GBP/USD coming down from 1.5350 The buoyant tone around the pound bolstered this week’s ascent to 3-week highs in the mid-1...
Andrius Kulvinskas
NZD/USD: Room to the downside over medium term gönderisini yayınladı
NZD/USD is currently trading at 0.7357 with a high of 0.7477 and a low of 0.7333. NZD/USD has been set back a step on the back of the Nonfarm Payrolls report from the US today, and has the greenback trading back on the front foot, reminding markets who is the boss...
Andrius Kulvinskas
Extra! Extra! Read all about it. The EURUSD is still higher on the week. gönderisini yayınladı
A week ago, we closed the EURUSD at 1.1278. So if I were to put in words how the EURUSD did this week, it would be: “EURUSD ends higher on the week after strong employment report” In the process the price squeezed to 1.1533, It came down to 1.1302. It squeezed up to 1...
Andrius Kulvinskas
A move to parity in EUR/USD gönderisini yayınladı
Analysts at Rabobank explained that over the past few weeks Greece has re-asserted itself both as a source of headlines and a potential negative factor for the EUR...
Andrius Kulvinskas
EUR/USD keeps falling, eyes on 1.1320 gönderisini yayınladı
The selling mood is doing nothing but growing around the euro, now sending EUR/USD to session lows in the 1.1320/15 band. EUR/USD hurt by US data The upbeat results from the US Payrolls caught markets off guard today, as consensus amongst traders was expecting a lower reading...
Andrius Kulvinskas
USD/CAD through 1.2500 gönderisini yayınladı
The dollar is back. The greenback continues marching north at the end of the week, pushingUSD/CAD beyond the 1.2500 handle...
Andrius Kulvinskas
GBP/USD consolidating the downside post NFP's gönderisini yayınladı
GBP/USD is currently trading at 1.5254 with a high of 1.5353 and low 1.5237. GBP/USD is consolidating the downside post the Nonfarm Payrolls event that took the dollar index through the 50% retracement of Feb's bear trend and has Sterling down to test the mid point of the 1.52 handle...
Andrius Kulvinskas
USD/JPY rises above 119.00 gönderisini yayınladı
USD/JPY broke above the 119 mark and printed a 3-week high as the dollar strengthened on the back of remarkable strong US nonfarm payrolls figures. USD/JPY rose more than 150 pips over the last hours and reached a high of 119.13, last seen Jan 12, before losing momentum...
Andrius Kulvinskas
A snapshot of macro economies gönderisini yayınladı
Analysts at BNP Paribas gave a snapshot of global macro economies. Key Quotes: EZ: The European Commission revises upwards its growth forecasts. The Spanish economy recovers. US: GDP growth slowed markedly in Q4 2014. Nonetheless the underlying trend remains robust...
Andrius Kulvinskas
USD/JPY: How high can it go? gönderisini yayınladı
Valeria Bednarik, chief analyst at FXStreet, noted the spike in USD/JPY following the spectacular Nonfarm Payrolls numbers. Key Quotes: "The USD/JPY had a strong comeback following US Non Farm Payrolls release, surging over 170 pips in a couple of hours, flirting now with the 119.00 level...
Andrius Kulvinskas
EUR/USD extends daily losses gönderisini yayınladı
EUR/USD stretched lower and printed fresh lows for the day as investors continue to asses a stronger than expected nonfarm payrolls report...
Andrius Kulvinskas
EUR/USD down on an upbeat US NFP gönderisini yayınladı
Valeria Bednarik, Chief Analyst at FXStreet, notes that EUR/USD is gaining bearish strength post the release of a stronger than expected US NFP, further expecting that the pair may head lower towards 1.1100 levels on a weekly close below 1.1300...
Andrius Kulvinskas
Hard to justify not raising rates – Fed’s Plosser gönderisini yayınladı
Philadelphia Fed president Charles Plosser said today that a strong labor market and an improving US economy is making it more difficult for the US economy to justify not raising interest rates. Mr...
Andrius Kulvinskas
The good and bad of the NFP's outcome gönderisini yayınladı
Rob Carnell, analyst at ING Bank noted the strong performances of the US jobs market. Key Quotes: "Bond markets for once have a reason to sell off, and this should provide further support for our strong dollar call. Equities may regard this result with mixed feelings...
Andrius Kulvinskas
NZD/USD drops 100 pips in the NFP aftermath gönderisini yayınladı
NZD/USD fell more than 100 pips in a matter of minutes and printed a 2-day low in the lower 0.73’s after a strong US nonfarm payrolls report gave the greenback a boost. Nonfarm payrolls report showed the US economy created 257,000 jobs in January, beating expectations of 234,000...
Andrius Kulvinskas
AUD/USD falls to daily lows after NFP gönderisini yayınladı
The US dollar is trading higher after the good US employment report in January and against the Australian dollar, the pair is watching levels not seen in the day. The AUD/USD fell 95 pips from 0.7875 to trade at daily lows at 0.7780. Currently, AUD/USD is trading at 0.7800, down 0...
Andrius Kulvinskas
EUR/USD a sell on gains gönderisini yayınladı
Shaun Osborne, Chief FX Strategist at TD Securities, notes that EUR/USD gains might extend for another week before the underlying bearish trend resumes, suggesting to use the current short-term gains as a selling opportunity...