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FxWirePro: USD/CAD covered call on rallies as pair nearing trendline resistance

Aug 10, 2015 12:36 pm UTC| Insights & Views

USD/CAD is currently trading at 1.3136 levels which is likely heading towards trend line resistance at around 1.3268 levels. So if options trader decides to write September month 1.3107 covered call for C$139.16 and...

Risk-reward favors buying Kiwi

Aug 10, 2015 12:23 pm UTC| Insights & Views

It is a fact that New Zealands economy is facing heavy headwinds this year over slowdown in China and continued drop in global dairy prices. It is also a fact that New Zealand Dollar has fallen sharply this year, making...

FxWirePro: Trend projection of EUR/CHF through delta risk reversal and ATM volatility

Aug 10, 2015 11:39 am UTC| Insights & Views

As we can make out from the volatilities of EURCHF ATM contracts, it is comparatively lower side over next 6 months tenor and delta risk reversal suggests that hedging downside risks are more expensive as the premiums of...

Weaker trade balance continues to weigh on Yen

Aug 10, 2015 11:33 am UTC| Insights & Views

On Friday, post Non-farm Yen has been the top performer, only second to Euro, however several weaker than expected releases today have soured the mood for Yen, which stands as the worst performer so far today. Yen is...

US labor market condition index likely to add volatility in the market

Aug 10, 2015 11:01 am UTC| Insights & Views

Dollar bulls had already gained back grounds lost over Fridays jobs releases, beginning early in Asian trade and todays improved labor market condition index, to be released at 14:00 GMT, might as well firm that grip. On...

FxWirePro: Hedge GBP/CAD through next month covered puts as reduced OI of Aug 15 calls by -22939 and short term corrections underway

Aug 10, 2015 10:25 am UTC| Insights & Views

We can understand from the change in open interest of this months call option for British pounds is seen at -22939 which is highest among all OTC contracts. But it is there is a significant jump in contracts of puts with...

Numerous impacts of Japanese nuclear restart

Aug 10, 2015 10:06 am UTC| Insights & Views

After almost two years, Japan is likely to bring online a nuclear reactor this week, on Tuesday. Before 2011, when the country got devastated by massive Tsunami, which led to Fukushima Daichi disaster Japan was relying on...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Shiba Inu Dead Cat Bounce: Price Rebound or Bearish Omen?

Investors in the cryptocurrency world are eyeing Shiba Inu (SHIB) with cautious optimism as the meme coin shows signs of a potential dead cat bounce, a dubious reversal often seen in volatile markets. With SHIB struggling...

PEPE Price Surges 7% Amid 4 Trillion Pepe Coin Accumulation by Whale

A monumental 4 trillion Pepe coin accumulation by a crypto whale on May 3 has sparked a significant 7% surge in PEPEs price. This surge, observed amid bullish market sentiments, follows a week of price consolidation,...

Hyundai Motor Scales Up Hydrogen EV Truck Business in the US

Hyundai Motor Company is expanding its hydrogen EV truck operations in the United States to take the lead in this line of business in the region. As part of the initiative, South Korean vehicle manufacturers are offering...

Kakao Enhances AI Focus, Merges Kakao Brain Into Core Operations

South Koreas Kakao Corporation finally decided to absorb Kakao Brains AI unit. The tech and internet giant is taking over its AI research and development (RD) business, which will include all of the departments staff and...

Shiba Inu (SHIB) Team Insider Unravels Key Burn Mystery: Exclusive Details

In a revealing discussion, Lucie, a member of the Shiba Inu team, sheds light on the enigmatic key burns orchestrated by the projects founder, Ryoshi. Lucies insights, shared in response to community inquiries, clarify...