Mar 16, 2016 14:43 pm UTC| Technicals
TWD:Taiwanese economic growth may be upset by slow global trade growth. The government seeks to bolster investment to support the economy. A new round of electricity price cut may place downward pressure on the headline...
Mar 16, 2016 11:16 am UTC| Commentary
It would be unwise to blame FX option market indications when underlying news fails to bring in significant change in underlying asset, so does it happen in FX OTC market during central banks monetary policy seasons. As...
Mar 16, 2016 09:17 am UTC| Technicals
What is weighing on the pounds slumps is that the Brexit pressures, these pressures keep mounting ahead of BoE policy whcih is likely to stand pat in tomorrows meeting but the chances for lower interest rates in 2016 has...
Mar 16, 2016 07:15 am UTC| Technicals
The APAC currencies (Australian and New Zealand dollar) moved lower against their U.S. counterpart on yesterday, after the Reserve Bank of Australia indicated the likelihood for additional rate cuts as businesses seem edgy...
US Election series: Trump, Clinton wins big, Rubio quits
Mar 16, 2016 06:46 am UTC| Commentary Politics
March 15 was a big day for US presidential race and especially for Republican side. Two of the candidates, Marco Rubio and John Kasich had votes in their home state, Florida and Ohio, where latter is the governor. In...
Mar 16, 2016 05:52 am UTC| Technicals
AUD/USD hasnt been managed to break resistance at 0.7590 (see yellow circled areas), as a result weve been seeing losing streak from last two days, but for today holding firmly at 7440 levels. The current prices have...
Mar 15, 2016 12:54 pm UTC| Technicals
On weekly plotting, gravestone doji appeared on 1.1048 levels. After a brief upswings in new year series the dojipattern evidences the weakness again in this pair that pulled back the rallies in the narrow range trend...