
FxWirePro: Prefer CAD/JPY butterfly spreads as downtrend to halt but certainly not an uptrend
Oct 01, 2015 11:14 am UTC| Insights & Views
Technical glance:Lot of puzzling has been happening in CADJPY when we consider the intermediate trend of this pair, bullish candles such as dragonfly doji and at 90.217 on daily and likely dragonfly doji again for this...

FxWirePro: Short term call – Buy Euro against Pound targeting 0.75 and 0.775
Oct 01, 2015 11:09 am UTC| Insights & Views
European Central Bank (ECB) and Bank of England (BOE) are on the path of divergent monetary policies. While ECB is continuing on its record easing of 60 billion per month looking to increase balance sheet size by 1.1...
Effects of ECB QE disappears over rise in risk from Chinese slowdown
Oct 01, 2015 11:07 am UTC| Insights & Views
European PMI started the quarter in offbeat mode suggesting Europes economies are losing steam as most of the effects of European Central bank (ECB) dilutes. ECBs QE initially lifted Eurozone into inflation (CPI 0.3% in...

Europe’s PMI reading shows why further easing might be necessary
Oct 01, 2015 09:59 am UTC| Insights & Views
Euro zones PMI reported what was broadly expected by the market that regional economies are losing steam after rising from the ashes, riding on the optimism from European central Banks (ECB) record easing. Regional review...

Oct 01, 2015 09:27 am UTC| Insights & Views
EURAUD breaks channel line support once again at around 1.5917 levels previous to which it has formed spinning top as well but inching towards little upwards slowly, while weekly leading oscillators puzzle by signaling...

Job losses and weak growth haunt UK’s manufacturing sector
Oct 01, 2015 09:23 am UTC| Insights & Views
UKs manufacturing sector likely to weigh on bank of Englands (BOE) aspiration to hike rates at turn of the year. According to Markits report, manufacturing sector posted weakest quarter in past two years. BOE members has...

No recovery in sight as China’s business activity declines at fastest pace since 2009
Oct 01, 2015 07:47 am UTC| Insights & Views
Data keep on suggesting that Chinas slowdown if far from over. After Mondays earnings showed Chinas industrial profits contracted by -8.8%, todays PMI report suggests such contraction is likely to follow third...