kalender event


EUR/USD stays near 1.2350, 4-year tops Pablo Piovano

The increasing selling pressure around the greenback continues to prop up the upside momentum in EUR/USD, this time to levels last traded in December 2014 around 1.2350/60.EUR/USD next stop 1.2432?The US Dollar is extending its downside today after US Treasury Secretary S.M...

14:00 24 January /2018 Forex

WTI in a phase of consolidation near $ 64.50, eyes EIA data Dhwani Mehta

WTI (oil futures on NYMEX) eased from near three-year tops reached at $ 64.86 in the overnight trades, as the sentiment was dented by a rise in the US crude and gasoline stockpiles, which re-ignited oversupply worries.The API report showed late-Tuesday that the US crude inventories ros...

13:23 24 January /2018 Forex

USD/JPY drops to 4-month lows near 109.50 Pablo Piovano

The greenback remains on the defensive so far this week and is now dragging USD/JPY to fresh lows in the mid-109.00s, area last visited in September 2017.USD/JPY in multi-month lowsSpot has quickly plummeted to fresh multi-month lows near 109.50 after US Treasury Secretary ...

13:23 24 January /2018 Forex

GBP/USD recent up move prompts caution – Commerzbank Pablo Piovano

In light of Cable’s recent price action, Karen Jones, Head of FICC Technical Analysis at Commerzbank, suggested the likeliness of failure around current levels.Key QuotesGBP/USD has reached 1.4000, various intraday divergences suggest caution. We note the 13 count on the 60minute, 24...

13:23 24 January /2018 Forex

Norges Bank: Hawkishness may be on the way - ING Sandeep Kanihama

In December, Norway's central bank delivered an upbeat assessment of the economy, revising up forecasts for GDP and inflation, and shifting forward the expected date for its first rate hike by two quarters into December 2018, notes the research team at Danske Bank.Key Quotes“Since then, the data has been largely as the Bank expected: inflation rose to 1.6%, and activity indicators...

12:46 24 January /2018 Forex

GBP/USD surges through 1.41 handle post-UK jobs report Haresh Menghani

The GBP/USD pair maintained its strong bid tone and move past the 1.4100 handle, fresh post-Brexit highs, following the release of UK jobs data.The pair built on its overnight bullish break through the 1.40 handle and got an additional boost from today's data, which showed that average earnings growth, excluding bonus, came-in slightly better-than-expected, at 2....

12:46 24 January /2018 Forex

UK Dec jobs mixed: Claimant count change sees biggest increase since July 2017 Dhwani Mehta

The Office for National Statistics (ONS) noted on Wednesday, the UK’s official jobless rate remained steady at 4.3% in November, while the claimant count showed a much-bigger-than-expected increase last month.The number of people claiming jobless benefits rose by 8.6k in December, against expectations of a 5.4k increase and 12.2k (revised from 5.6k) seen previously. The claimant c...

12:46 24 January /2018 Forex

EUR/USD sticks to the bullish view – UOB Pablo Piovano

The bullish stance on the pair remains well in place for the time being, according to FX Strategists at UOB Group.Key Quotes24-hour view: “EUR traded between 1.2221 and 1.2306 yesterday, wider than our expected 1.2220/1.2290 consolidation range. The strong daily close has shifted the immediate pressure to th...

12:23 24 January /2018 Forex

EUR/USD keeps rising, around mid-1.2300s after mixed EZ PMIs Haresh Menghani

The greenback selling remains unabated through the early European session and pushed the EUR/USD pair to fresh 3-year highs, closer to mid-1.2300s.The pair built on its recent gains and continues to benefit from a broadly weaker USD. In fact, the key US Dollar Index sank farther below the 90.00 handle and...

12:15 24 January /2018 Forex

Sources: Saudi Arabia to keep Q1 crude exports at around 7 mln bpd - RTRS Dhwani Mehta

Reuters quoted industry sources, as saying that Saudi Arabia, the world’s biggest plans to keep its crude oil exports at around 7 million barrels per day (bpd) for the Q1 2018, despite planned refinery shutdowns oil exporter.The source added that Saudi wants to keep its production at around 9.8 million bpd level from J...

12:15 24 January /2018 Forex

Draghi’s speech: APP have not led to statistically significant EUR exchange rate movements Dhwani Mehta

In a letter submitted by the ECB President Draghi to the Members of the European Parliament on Wednesday, Draghi makes a brief mention of the impact of the asset purchase program (APP) on the Euro exchange rate movements.Key Points:APP has not led to statistically significant euro exchange rate movements. 

12:03 24 January /2018 Forex

GBP/USD clinches fresh tops near 1.4060 ahead of UK jobs Pablo Piovano

The Sterling remains well bid this week and is now lifting GBP/USD to fresh daily highs in the vicinity of 1.4050.GBP/USD up on USD weaknessCable is advancing for the third session in a row on Wednesday, navigating levels last seen in June 2016 in the mid-1.4000s and always...

12:03 24 January /2018 Forex

USD/CAD slips below 1.2400 handle Haresh Menghani

The USD/CAD pair traded with a mild negative bias for the third consecutive session on Friday and has now moved on the verge of breaking below the 1.2400 handle.The pair extended this week's rejection slide from the key 1.2500 psychological mark and was being weighed down by persistent US Dollar

11:46 24 January /2018 Forex

Gold jumps back to 4-month tops on weaker USD Haresh Menghani

Gold continued gaining some positive traction through the early European session and is currently hovering around 4-month tops touched last week. The US Dollar sank to fresh three-year lows, below the 90.00 round figure mark and was seen benefitting dollar-denominated 11:23 24 January /2018 Forex

EUR: Rally starting to feel a bit long in the tooth, but ECB can’t alter the trend - ING Sandeep Kanihama

Ahead of the ECB meeting tomorrow, today’s Jan EZ PMI data will give investors the first real sense of whether the euro area economy has continued its strong activity momentum into 2018, according to Viraj Patel, Research Analyst at ING.Key Quotes“Evidence pointing to this – as we expect – would reiterate our view that it might prove...

11:23 24 January /2018 Forex

UK: Less noise helping the ‘trashy’ pound clean up its act; wage data today - ING Sandeep Kanihama

After having eyed up the 1.40 level for a few days now, GBP/USD meaningfully moved through this key psychological barrier yesterday – and traded to a fresh post-Brexit referendum high, points out Viraj Patel, Research Analyst at ING.Key Quotes“While it may seem acute to rationalise sterling’s move higher as a shift in market 11:23 24 January /2018 Forex

UK Trade Sec Fox: open to some form of customs union with the EU - BBC Haresh Menghani

Speaking to BBC, the UK Trade Secretary Liam Fox was noted saying that Britain must be able to sign its own trade deal beyond the EU and is open to some form of customs union with the EU.Meanwhile, the GBP/USD pair maintained its strong bid tone above the key 1.40 psychological mark as investors look forward to the UK employment details for some fresh bullish imp...

10:46 24 January /2018 Forex

GBP/USD strengthens, EUR/GBP stabilised – Danske Bank Sandeep Kanihama

EUR/GBP stabilised yesterday while GBP/USD broke above 1.40 for the first time since the UK’s EU referendum on 23 June 2016 as the USD weakened, notes Senior Analyst, Morten Helt at Danske Bank.Key Quotes“Brexit risk premium has declined substantially since New Year and while we remain bullish GBP over the medium term, we think that the repricing...

10:46 24 January /2018 Forex

When are the UK Jobs and how could they affect GBP/USD? Dhwani Mehta

UK Jobs report overviewThe UK labor market report is expected to show that the number of people seeking jobless benefits increased by 5.4k in the three months to December, compared to an increase of 5.9k booked in the three months to November.The unemployment rate is expected to remain at a record low of 4.3% during the period. Average weekly earnings, including ...

10:46 24 January /2018 Forex

Riksbank: Waiting for the ECB - ING Sandeep Kanihama

The latest Riksbank minutes paint a fairly optimistic picture of the economic outlook in Sweden and as growth remains solid, inflation has returned to target, and the global upswing underway should provide a tailwind for the Swedish economy in 2018, according to analysts at ING.Key Quotes“The only cloud on the horizon is the sharp fall in the housing market this autumn, and even t...

10:24 24 January /2018 Forex