Dec 01, 2016 10:09 am UTC| Research & Analysis
Technically, The upswings to prolong up to 82.786 on break-out above 77.887 with bullish SMA crossover (7DMA crosses over 21DMA). The current upswings have taken above EMAs as well on monthly plotting, sustenance above...
Dec 01, 2016 08:50 am UTC| Commentary
The dollar has surged again, the dollar gains come from three fronts. Firstly, worries that the OPEC-inspired higher oil price will generate additional US inflation and hence further Fed hikes. Secondly, the pro...
FxWirePro: Stay hedged in USD/INR via 1m NDFs on RBIs smart policy action to counter capital outflow
Dec 01, 2016 07:16 am UTC| Central Banks Commentary
We advise selling USDINR 1m NDF at 68.36, with a target around the previous range prior to the recent spike at 67.00 (+ 1.98%) and a stop above the previous highs at 69.50 (1.14%). The trade horizon is 2-4 weeks and the...
Nov 30, 2016 12:49 pm UTC| Commentary
Singapore consumer prices declined by 0.1 pct YoY in October of 2016, compared to a 0.2 pct drop in September while market expected a flat reading. It was the 24th straight month of decrease and the smallest fall in two...
Nov 30, 2016 11:44 am UTC| Commentary
TheSoutheast Asian region is in the brisk for rising debt bills as a result of the regions currencies slump. The amount that the areas companies, banks and governments must repay on US dollar-denominated bonds would...
Nov 30, 2016 10:40 am UTC| Research & Analysis
CrudeOil is pulling away from the markets biggest stormin seven years. A measure of price volatility has tumbled from the highest level since January 2009 as the market frenzy eases amid a potentialpact between the worlds...
Nov 30, 2016 09:39 am UTC| Research & Analysis Insights & Views
The Aussie plummeted today after the mixed housing related data. AUDUSD is dropped a little at 0.7465 after the Australian Bureau of Statistics earlier reported thatbuilding approvals dropped 12.6% in October, confounding...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned