FxWirePro: ATM puts in AUD/NZD option strips add leveraging effect in speculation
Jan 29, 2016 06:10 am UTC| Technicals
Technical glance: On 4-hourly chart, RSI bearish crossover at 70s, while %D line crossover at overbought territory intensifies more selling pressures. We foresee the pair could still drag towards downwards up to...
Jan 28, 2016 09:06 am UTC| Technicals
The estimates of UK GDP growth for Q4 has been projected to be a relatively modest 0.5%. That would be beyond the 0.4% rate recorded in Q3 but it would still only represent trend growth. Indicators released so far for the...
FxWirePro: Cover shorts in GBP/JPY PRBS to book profits, stay calm with longs functionality
Jan 28, 2016 08:32 am UTC| Technicals
As per our recent anticipation, the hammer pattern at the bottom of downtrend at around 165.927 ondaily chart, has evidenced a relief for interim bulls to reach our short term targets 169.194. We continue to foresee...
FxWirePro: GBP/JPY bears likely to resume after hammer effects – stay short for TP 165
Jan 28, 2016 07:11 am UTC| Technicals
As per our recent anticipation, the hammer pattern at the bottom of downtrend at around 165.927 ondaily chart, has evidenced a relief for interim bulls to reach our short term targets 169.194. We continue to foresee...
Jan 28, 2016 05:57 am UTC| Technicals
Both daily and intraday charts pop up selling signals in this pair that may slide down it to levels of 0.9861 back again (neckline). As shown in the intraday charts, as the pair seems unlikely to break and sustain...
FX Vols spiking as EM contagion to DM, worsening illiquidity preserve gamma bullishness
Jan 27, 2016 13:22 pm UTC| Technicals
Spot FX vols in almost all major pairs except GBPUSD and Swiss franc crosses have scaled up almost a maximum point over the past two weeks (basis VXY) as worldwide equity avenues were churned out by Chinese meltdown....
EM currency pressures and balance sheet concerns keep US swap spreads on edge
Jan 27, 2016 12:44 pm UTC| Commentary
Balance sheet constraints do not appear to have significantly worsened over the past two months. Some measures of this, such as the spread between 1m repo rates and OIS or levels of cross-currency basis swaps in DM...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned