Andrius Kulvinskas / Profil

The FXMarketAlerts Team shares that AUD/USD is now eyeing the 0.7720 low, with the pair weighted down by falling commodities and RBA rate cut expectations. Key Quotes “AUD/USD at 0.7777/79, running into selling interest ahead of 0.7800. With focus on 5-half year lows of 0.7720. Then 0.7700 handle...

Emmanuel Ng, FX Strategist at OCBC Bank, views the dovish hints from BOE members to drive GBP/USD towards 1.5000 levels in the near-term. Key Quotes "The GBP-USD remained particularly susceptible to dollar cues despite the EUR stabilizing on Thursday with cable dipping briefly below 1.5050...

According to the latest Reuters poll, 18 economists out of 25 expect the RBA on hold next week, while the rest (7) are calling for a rate cut. Meanwhile, according to a Bloomberg survey, 6 out of 27 economists see RBA rate cut in February, with 12 expecting a rate cut in March...

Australia stocks shimmied higher in early Friday trading, with a sharply weaker Aussie dollar helping lift many of the resource names, except for the gold miners. The S&P/ASX 200 XJO, +0.34%had risen 0.5% about half an hour into the session, building on the previous day's 0...

Gold prices on Comex advanced in the Asian session, recovering from fresh two week lows reached in the previous session largely as Fed stays on its course to raise interest rates as early as mid-2015. Currently, gold trades higher by 0.44% at 1261...

Analysts at Societe Generale, view NZD/USD set for a deeper correction, expecting the pair to head towards 0.6870 levels in 1-3 months. Key Quotes “The pair has confirmed a multi-month head and shoulder (daily chart) and is evolving within a descending channel...

GBP/USD is currently trading at 1.5045 with a high of 1.5164 and a low of 1.5017 and down 0.72% on the day. GBP/USD dropped 30 pips and recovered back into a sideways manner beneath the 1.5120 support that gave up on earlier trade...

EUR/USD is back around the 1.1300 neighbourhood after briefly testing the 1.1280 region. EUR/USD attention to EMU’s CPI Bumpy session for the pair so far, managing to climb from overnight lows around 1.1260 to as high as the boundaries of 1.1370, although it run out of legs soon afterwards...

Outlook for the pound in 2015 - Lee Hardman, Currency Analyst at Mitsubishi UFJ Financial Group, Inc. explained conditions surrounding the pound and outlook going forward...

Karen Jones, chief analyst at Commerzbank explained that GBP/USD is upside corrective near term having virtually reached target of the 1.4910/1.4813 long term Fibonacci retracement and 2013 low...

Analysts at TD Securities explained that global risks will continue to be driven by divergence, deflation, and debasing. Key Quotes: "As a result, the duration grab is alive and well...

The Canadian dollar is now rapidly depreciating vs. its fellow neighbor, catapultingUSD/CAD to fresh multi-year highs near 1.2680. USD/CAD stronger as CAD deflates The offered tone in the CAD is intensifying during the European evening, with market rumours citing option barriers at 1.2600 and 1...

AUD/USD is trading at 0.7780 with a low of and high scored of 0.7908 and is down 1.55% on the day. AUD/USD has started to recover from these lows but there are no signs of the bearish tone coming to an end and this pair is destined for lower now having broken the 200 month ma at 0...

Gold prices fell sharply in EUR terms on an upbeat German employment data and sharp fall in German inflation. Drops below 5-DMA and 10-DMA The XAU/EUR pair or Gold in EUR terms trades below the 5-DMA and the 10-DMA located at EUR 1140.15 and EUR 113.45 levels...

It’s never a good sign when your Chief Risk Officer leaves. Hedge fund giant Fortress has lost its CRO Sherif Sweillam and portfolio manager Tye Schlegelmilch. Both resigned this month after the SNB move, Reuters reports. A sub-fund partly managed by Schlegelmilch lost 7.64% after the SNB move...

EUR/USD moved slightly lower but remained broadly unchanged near the 1.1300 level after US data showed initial jobless claims declined more than expected in the latest week. Initial jobless claims dropped by 43,000 to 265,000 in the week ending January 24, marking the the lowest level in 14 years...

Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that CAD has made fresh lows in tandem with oil prices and increased risk of a second BoC cut, opening doors for a further USD/CAD upmove. Key Quotes “CAD is weak having traded to fresh 5...

Strategist Richard Franulovich at Westpac recommends selling the shared currency vs. the US dollar and the Swiss Franc. Key Quotes “Not a lot going for the euro right here, even as ECB QE anticipation is out of the way and positions are of course heavily lopsided”...

According to Jane Foley, Senior Currency Strategist at Rabobank, the RBNZ may be required to extend its dovish tone to maintain the pressure on NZD, further expecting NZD/USD to move towards 0.68 and AUD/USD to see 0.70 levels in the long term...

GBP/USD settled in a lower range on Thursday as the greenback strengthened a tad following the Federal Reserve statement. GBP/USD climbed to a daily high of 1.5161 during the European session, but was rejected and sent to a low of 1.5109...