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Andrius Kulvinskas
Publication publiéeOil falls after IEA slashes price outlook
Both the oil benchmarks halted its rebound and headed south after Citigroup and International Energy Agency (IEA) lowered price outlook. Oil prices declines on forecasts cuts Currently, Brent trades lower by -0.63% at USD 58.71/ barrel and WTI oil trades -1.19% lower at USD 52.26/ barrel...
Andrius Kulvinskas
Publication publiéeAUD/NZD trades below 50-DMA
AUD/NZD reversed previous losses and traded almost flat as both the Antipodeans gains against the US dollar as markets contemplate more easing from China's central bank after the recent weak Chinese data. Supported on China easing hopes Currently, the AUD/NZD pair trades steady at 1...
Andrius Kulvinskas
Publication publiéeAUD/USD gains on PBOC stimulus hopes
AUD/USD continues its upsurge in the European morning, following a downbeat Chinese inflation report which spurred expectations of further easing by the PBOC. Supported above 0.7800 Currently, the AUD/USD trades higher by 0.26% at 0.7722 levels, retracing from previously recorded day’s high at 0...
Andrius Kulvinskas
Publication publiéeSession Recap: Euro erases intraday losses
The American session passed without major events to report, with the euro staging a recovery and erasing early losses against major competitors. The euro managed to recover across the board after being hit by Greek Prime Minister defiant comments. EUR/USD trades effectively unchanged at the 1...
Andrius Kulvinskas
Publication publiéeUSD/CAD consolidates in a lower range
USD/CAD is trading in a lower range on Monday, after falling nearly 100 pips on the back of oil’s rise, with the crude topping $54 a barrel. USD/CAD dropped sharply at the beginning of the New York dragged by loonie’s strength, and hit a low of 1...
Andrius Kulvinskas
Publication publiéeOil rebounding, up on the year
Analysts at JP Morgan explained that Oil prices have rebounded strongly over the last week and are now up on the year...
Andrius Kulvinskas
Publication publiéeEURUSD: Is Tsipras a Greek Hero or Tragedy?
In our special Greek election preview report, we highlighted three possible outcomes from the election: a defeat for the anti-austerity Syriza party, a Syriza victory with conciliatory rhetoric toward Greece's creditors, and a Syriza victory with a more confrontational approach...
Andrius Kulvinskas
Andrius Kulvinskas
Germans just can't resist the charm and masculinity of Greece's charismatic finance minister http://read.bi/1CaSPre
Andrius Kulvinskas
Publication publiéeFrom positive to neutral on USD
The J.P.Morgan Team moves from positive to a neutral outlook on the USD this month, with the trade-weighted dollar currently trading above rate expectations, and further gives the year-end forecast for EUR, INR, MXN and BRL against the dollar...
Andrius Kulvinskas
Publication publiéeCrude might extend its correction to around $60/barrel
According to BBH, crude oil’s correction is not over yet and the price might extend to around $60/barrel. Key Quotes “While we are not convinced a significant low is in place, technical considerations suggest the correction is not over either...
Andrius Kulvinskas
Publication publiéeUSD/CAD medium-term bullish
The Growth Aces Research Teamviews the short-term outlook for USD/CAD as unclear, but stay bullish on the pair over the medium-term. Key Quotes “We stay sideways on the USD/CAD...
Andrius Kulvinskas
Publication publiéeEurope better positioned for a Greek exit
Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman, comments that official creditors see Europe better positioned for a Greek exit. Key Quotes “Most observers weighing in on the issue of Greece have emphasized economic and financial linkages...
Andrius Kulvinskas
Publication publiéeСпрос на EUR/USD появится лишь выше 1.1440
Независимый аналитики Владимир Михайлов отмечает, что у EUR/USD есть шансы на рост, но лишь над отметкой 1.1440. Ключевые тезисы «EUR открылся сегодня с небольшим медвежьим гэпом, но получил поддержку на 1.1290 и отскочил к сопротивлению 1.1340. Далее сопротивление проходит в области 1.1360-1...
Andrius Kulvinskas
Publication publiéeEUR is soft facing building Greek uncertainty
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, shares that EUR is soft as a result of building Greek uncertainty, with the pair expected to end-2015 at 1.05 levels. Key Quotes “EUR is flat to Friday’s close, having trading in a notably small 1.1286 to 1...
Andrius Kulvinskas
Publication publiéeFed’s initial hike keeps weighing on EUR/USD
According to Jane Foley, Senior Currency Strategist at Rabobank, the solid tone in the USD and the prospect of a closer than expected rate hike by the Fed will keep the pair depressed...
Andrius Kulvinskas
Publication publiéeAUD/USD shrugs off Chinese data
The Australian dollar shrugged off Chinese trade data and managed to recover from lows during the last hours, climbing back above the 0.7800 level against the greenback and filling the weekly opening gap. AUD/USD bounced off a low of 0.7747 and rose more than 70 pips through the 0...
Andrius Kulvinskas
Publication publiéeUSD/CAD falls to lows at 1.2480
The Canadian dollar is now gathering steam vs. its neighbour on Monday, relegatingUSD/CAD to intraday lows around 1.2480. USD/CAD weaker post-data The pair is now accelerating its daily decline from the 1...
Andrius Kulvinskas
Publication publiéeOil prices to drive CAD in near-term
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, comments that CAD is up, digesting stronger oil prices and a slightly improved global growth outlook. Key Quotes “CAD is up, but has traded in a relatively narrow range during the Asian and European sessions...
Andrius Kulvinskas
Andrius Kulvinskas
VAROUFAKIS: ECB HAS LOST CONTROL OF MONETARY POLICY
Andrius Kulvinskas
Publication publiéeRiksbank poised for further easing?
In light of the next Riksbankmeeting due on Thursday, analysts at Danske Bank see the likeliness of the Nordic central bank to stay put and announce further easing measures in the April’s meeting...