
Jul 20, 2017 09:39 am UTC| Technicals Insights & Views
The pair forms the double top pattern with top 1 at 1.5227 and top 2 at 1.5075 levels. The todays rallies seem to be unlikely to sustain, and hence, use them for fresh shorts build ups as the bears manage to breach...

FxWirePro: How are valuations and OTC sentiments of euro reacting to ECB today?
Jul 20, 2017 08:29 am UTC| Research & Analysis Insights & Views Central Banks
The main attraction today will be the ECB policy decision followed by Draghis press conference. The brighter economic outlook in the Eurozone has already resulted in an upward revision to the ECBs assessment for growth to...

FxWirePro: It’s ECB day again, what does it warrant?
Jul 20, 2017 07:48 am UTC| Central Banks Insights & Views
The ECB has signaled a taper announcement for September, while the Fed has been noncommittal on the timing of balance sheet normalization, prompting a Bund-led rise in DM yields which has been EUR supportive (refer above...

Jul 20, 2017 07:33 am UTC| Research & Analysis Insights & Views
Please be noted that the nutshell above showing IVs skews and risk reversals of EURJPY have been indicating mounting bearish risks in both short and long run. On the contrary, technically, the current prices of this...

Jul 20, 2017 06:40 am UTC| Technicals Insights & Views
The recent rallies of EURJPY have rejected at 130.767 levels, thereafter, it has broken below strong support at 129.338 (50% Fibonacci retracement levels). Bearish engulfing pattern candles has occurred at 129.1740...
FxWirePro: Perspectives of EMFX and prospects in options strategies
Jul 19, 2017 12:04 pm UTC| Research & Analysis Insights & Views
EM FX has depreciated against the dollar (CEE FX has outperformed in line with a higher EUR/USD), as core yields have continued to move higher (bund yields: +32bp, 10y UST yields: +25bp) and commodity prices have...

FxWirePro: Hawks in BoC and NAFTA negotiation to frame CAD outlook upside-down
Jul 19, 2017 11:59 am UTC| Research & Analysis Insights & Views
US-Canada trade relations have entered a rockier patch under the Trump administration with tariffs placed on Canadas softwood lumber industry and threats of further action against other industries. More recently, the US...