Wednesday, January 28, 2015
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Carney speaking; GBP technically mixed – Scotiabank

Tweet Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted Carney coming up today while commenting on a mixed technical outlook. Key Quotes: “Governor Carney does speak during the NA session, but it is non‐policy related (at an event for the late Canadian finance minister Flaherty).” “Technically, GBP/USD near‐term outlook is mixed, but downside [...]

January 28 2015 | Posted in Forex | Read More »

RUB keeps pointing south – Danske Bank

Tweet FXStreet (Edinburgh) – Vladimir Miklashevsky, Economist at Danske Bank, believes further pullbacks are on the cards for the beleaguered Russian currency. Key Quotes “Economic growth prospects in Russia are deteriorating significantly on broadening demand-side shock”. “The Russian central bank (CBR) was the major newsmaker in the Russian economy in 2014 when its hikes totalled [...]

January 28 2015 | Posted in Forex | Read More »

USD/CAD challenges highs near 1.2460

Tweet FXStreet (Edinburgh) – The sentiment around the US dollar remains unchanged on Wednesday, now pushing USD/CAD to test the upper band of the range near 1.2450/60. USD/CAD bullishness intact The pair continues to consolidate the recent upside to fresh multi-year peaks in the 1.2500 neighbourhood, sustained by the ongoing USD rally and the intensified [...]

January 28 2015 | Posted in Forex | Read More »

AUD/USD bearishness kicking back in

Tweet FXStreet (Guatemala) – AUD/USD is currently trading at 0.7970 with a high of 0.8026 and low of 0.7899. AUD/USD is stablising since the drop back down through the 0.80 handle and has caught a minor bounce at 0.7940, then it came out of the consolidating tight range, paid at 0.7960 and was breaching the [...]

January 28 2015 | Posted in Forex | Read More »

GBP/USD extends decline to daily lows around 1.5155

Tweet FXStreet (San Francisco) – The Sterling failed to hold levels above 1.5200 versus the US dollar and following a 65-pip rejection from 1.5220, the GBP/USD is now testing daily lows around 1.5155. The 1.5200 level continues to act as a strong barrier as the pair has been rejected at this level twice. Investors are [...]

January 28 2015 | Posted in Forex | Read More »