CNB keeps faith in intervention as policy held steady
Aug 06, 2015 14:08 pm UTC| Insights & Views
There is a floor that has come under heavy assault in recent times. It is maintained by Czech National Bank (CNB) between Euro and Czech koruna at 27 Koruna per Euro. The Czech National Bank (CNB) has left interest rates...
Crude slumps extending effects to Norges Bank and NOK
Aug 06, 2015 14:06 pm UTC| Insights & Views
(Correctedtitle from Norges to Norges Bank) The recent oil price slumps kept down by Norges and in turn NOK has weakened significantly over the summer, driven lower by an extremely dovish Norges Bank as well as renewed...
Carney speech reveals BOE dilemma
Aug 06, 2015 13:36 pm UTC| Insights & Views
All the events and releases in Bank of Englands (BOE) "Super Thursday" is done with. After lot of volatility net result is FTSE is marginally down, Gilts are up, pushing yields down and Pound is down -0.50% against...
Aug 06, 2015 13:14 pm UTC| Insights & Views
Change in open interest for British pounds is seen at 6622 which is highest among all OTC contracts out of which o/s calls were 4153 and puts were 2469. While delta reversal for the same contracts have been slightly...
Weaker jobless claims and ADP report lower expectations from NFP report
Aug 06, 2015 13:13 pm UTC| Insights & Views
After weaker than expected ADP employment report yesterday, today was jobless claims turn to disappoint the market. However it has not been sufficient enough to knock off confidence. Comments from Atlanta FED President...
FxWirePro: Trend projection of EUR/USD through delta risk reversal and ATM volatility
Aug 06, 2015 12:15 pm UTC| Insights & Views
As we can make out from the volatilities of EURUSD ATM contracts, it is comparatively higher side even at 1W tenor. As a result 1M ATM contracts have peaked 11.0 yesterday from 10.3 pre-lockhart Tuesday and now 10.9.While...
Dollar breaks range, thanks to Pound and Yen
Aug 06, 2015 12:10 pm UTC| Insights & Views
FXCM US Dollar Index, has broken above its recent congestion pattern thanks to movement of Pound today and as Yen broke above its range early this week. FXCM US Dollar index is 12062, an area which stands as highest since...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects