
July FOMC meeting certainly off the table, even upbeat labour data may not convince the Fed
Jul 07, 2016 11:29 am UTC| Insights & Views Central Banks Economy
The FOMC minutes of the June meeting provide little insight as the meeting took place before the EU referendum. Most participants noted that the upcoming British referendum on membership in the European Union could...

Jul 07, 2016 10:48 am UTC| Research & Analysis Insights & Views
As the pair drags upswings near 0.9800 levels which is a stiff resistance at that juncture, medium-term pullbacks are seemingly still well supported by DMAs. While these levels hold the trend we have been witnessing...

Jul 07, 2016 06:58 am UTC| Research & Analysis Insights & Views
This pair has been tumbling after Brexit event as the buying momentum is reduced and the long-term downtrend seems to be intact for now as the massive volumes are convincing this bearish environment on monthly...

Riksbank holds repo rate at -0.5 pct, keeps its short-term easing bias
Jul 06, 2016 12:58 pm UTC| Insights & Views Commentary Economy Central Banks
Swedens Riksbank held its key benchmark repo rate at -0.5% and also made no changes to its Quantitative Easing program at a policy meeting held today. The Executive Board has assessed that there will be a longer delay...

Jul 06, 2016 12:25 pm UTC| Insights & Views Central Banks
USDCNY fixing rates continue to spike higher, which has triggered speculation that further CNY depreciation is looming on the horizon. While it seems that the Chinese central bank (PBoC) continues to weaken its currency...

FxWirePro: CAD and crude to reflect in antipodean – Stay hedged in NZD/USD potential downside risks
Jul 06, 2016 11:00 am UTC| Insights & Views
G10 trades have done well over the past six months. We took profit on NZD/CAD shorts in February and like to reopen it following large NZD gains recently. A preference for oil and US-sensitive CAD to China-sensitive NZD...

Jul 06, 2016 09:22 am UTC| Insights & Views
Technically, more downside traction is foreseen in the weeks to come as the current prices have broken below strong supports at 72.998 levels and on monthly charts slid well below EMAs with leading oscillators to signal...