Feb 04, 2016 12:52 pm UTC| Technicals
Technicals on all time frames raise a caution for ongoing short term uptrend as previous upswings have not been able to break above resistance levels at 1.4778, instead formed a gravestone doji at 1.4660 (see circled spots...
FxWirePro: Adamant bulls in GBP/CAD can hedge unsustainable rallies with collar gamma combinations
Feb 04, 2016 12:09 pm UTC| Technicals
We would say GBPCAD likely to evidence some corrections but if you think that GBP should revert to outperformance on the crosses or you are in love with GBPCADs uptrend or stuck with any payable exposure, now worries we...
FxWirePro: GBP/CAD can’t be spared from losing on Super Thursday, casts-off resistance 2.0292
Feb 04, 2016 10:33 am UTC| Technicals
Today it would be a hectic day for the Bank of England as it has to deliver two important policy decisions, MPC minutes and the Inflation Report. In between, the central bank will likely keep interest rates at...
Feb 04, 2016 07:43 am UTC| Technicals
Today it would be a hectic day for the Bank of England as it has to deliver two important policy decisions, MPC minutes and the Inflation Report. In between, the central bank will likely keep interest rates at 0.5%. The...
Feb 04, 2016 06:37 am UTC| Technicals
We are bearish on NZD for 2016 and forecast NZD/USD at 0.60 by Q1 16 and 0.62 by Q4 16. NZD/JPY at 75.786 by Q1 16 and 74.50 by mid-Q2 16. Although policy de-synchronization will remain a headwind for NZD as short rate...
FxWirePro: USD/TRY may bounce back to 3.25 by Q1 end – stay hedged via diagonal combinations
Feb 03, 2016 12:27 pm UTC| Technicals
Turkish lira is We believe USD/TRY will trade above 3.25 in the coming months. The main drivers will likely be disregard of the inflation targeting regime and high levels of foreign liabilities. Headline inflation remains...
Feb 03, 2016 08:40 am UTC| Insights & Views
As per our observation, the US would have the adverse hit with a blatant financial jolt to derail the economic cycle impulsively. The significant impending cause has already come from PBoC, that a currency regime shifts...