Demand supply equation hurting intermediary WTI bull sentiments again
Oct 22, 2015 11:35 am UTC| Insights & Views
With this weeks crude inventory to miss forecasts (8.0m versus forecasts at 3.5m) as a result, last weeks $50.13 per barrel (WTI reached its highest price in nearly three months) has been unable to hold these gains....

BoC likely to stand pat for the next year regardless of Fed action
Oct 22, 2015 09:31 am UTC| Insights & Views
The Bank of Canada maintained overnight rate at 1/2 percent on Wednesday as widely expected. Even before the landslide sweep of the Liberal Party the Bank was widely expected to stand pat for the foreseeable future. The...

FxWirePro: Improve odds on backspreads - Capitalize on GBP/AUD upswings to employ shorts
Oct 22, 2015 08:46 am UTC| Insights & Views
We reckon this pair has shown weakness in recent past, bulls seemed to have been exhausted by giving up the previous rallies even though some left over price bounces can be extended in near term (see technical chart for...

Oct 22, 2015 07:53 am UTC| Insights & Views
The pair has pretty much responded as per earlier analysis, the previous rallies have been paused although we could see a little bit price bounces in near term.As the daily chart suggests some buying interest that would...

FxWirePro: Shorts in AUD/JPY backspread to beat higher IV
Oct 22, 2015 07:19 am UTC| Insights & Views
Traders tend to view the put ratio back spread as a bear strategy, because it employs puts. However, it is actually a volatilitystrategy. The implied volatility of 1M ATM AUDJPY put contract is at 14.09% and it is quite...

FxWirePro: AUD/JPY likely to slide further, next crucial support at 84.576
Oct 22, 2015 06:34 am UTC| Insights & Views
We were bearish on this APAC pair and shared our stance accordingly in our last weeks post, you can now figure out from the daily chart that the yellow circled areas served as the strong demand and supply levels for this...
Oct 21, 2015 12:31 pm UTC| Insights & Views
The gold price is finding it impossible to entirely ignore the weakness among cyclical commodities. There were also some more striking changes: as per the customs authority, exports to China climbed by 28% to a six-month...