
Implied FED funds rate implies no hike in March
Oct 15, 2015 09:27 am UTC| Insights & Views
Rate hike expectations is taking serious beating after retail sales disappointed last night and in fact surprised to the downside. Traders now expect, FED is unlikely to hike not only this year but till March next year....

FxWirePro: Active bulls NZD/USD to extend gains, hammer at bottom signals more potential on upside
Oct 15, 2015 08:52 am UTC| Insights & Views
Even though the leading indicators on weekly and monthly charts suggest prevailing price recoveries to sustain further and may even show further strength in near future. Kiwi dollar after continues losing streak that has...

FxWirePro: Gravestone doji to evidence EUR/AUD’s further slumps – trendline breach likely
Oct 15, 2015 08:50 am UTC| Insights & Views
Our earlier targets of 1.5696 levels are achieved after the formation of last weeks long real body bearish candle. But for now we again like to reiterate even though prices are showing strength today it is falling well...

FxWirePro: USD/CAD outlook – further downside likely
Oct 15, 2015 08:44 am UTC| Insights & Views
Initially call was given on the long side around 1.26 area for the pair, targeting 1.285, 1.32, 1.35 and 1.38 area while stop loss was suggested around 1.19 area. While 3 of our target area got achieved, there could be...

BOK cuts growth and inflation forecast, holds policy steady
Oct 15, 2015 07:47 am UTC| Insights & Views Central Banks
Since late September, perception has taken a dramatic shift towards South Korean Won (KRW), which has now appreciated close to 7% from its September peak. Similarly countrys benchmark stock index KOSPI future rose sharply...
Guide to today’s important data and events
Oct 15, 2015 07:07 am UTC| Insights & Views
Lot of economic dockets scheduled for today and some with high risk associated. Focus on retail inflation data from US. Data released so far Australia - Consumer inflation expectations rose to 3.5% in October from...

Currency snapshot (major pairs)
Oct 14, 2015 15:33 pm UTC| Insights & Views
Dollar index trading at 94.27 (-0.52%). Strength meter (today so far) - Euro +0.46%, Franc +0.60%, Yen +0.41%, GBP +1.17% Strength meter (since last week) - Euro +0.72%, Franc +0.83%, Yen +0.77%, GBP +0.82% EUR/USD...