
FxWirePro: Trade EUR/USD vega spreads on ADP employment and US trade data
Aug 05, 2015 11:40 am UTC| Insights & Views
FX streets are projecting for 215K from the ADP employment data which is a slight contraction from previous flash at 237K. We reckon that Fridays payrolls are more dependent on the employment component of the ISM-non...

Aug 05, 2015 11:24 am UTC| Insights & Views
ADP employment data to be released at 12:15 GMT is todays most vital dockets from US to be watched by market participants. Last FOMC comments makes it ever more crucial What is ADP employment? The report is a measure...
Aug 05, 2015 10:58 am UTC| Insights & Views
Currency Option Hedging Framework:The rationale behind this strategy: From last one month it is observed that the Euro Canadian pair has been moving in 2nd channel line band width of 270-280 pips. As shown in the diagram...

Lockhart effect continues to linger supporting dollar
Aug 05, 2015 10:57 am UTC| Insights & Views
Yesterday Atlanta FED president Dennis Lockhart, made the day for Dollar when he hinted at his insistence of a rate hike. Dollar is clearly in bid heading into todays ADP employment report to be released at 12:15...

Aug 05, 2015 10:56 am UTC| Insights & Views
Technical Observation: RSI indicates uptrend is healthier: In addition to that, leading oscillators are showing convergence according to the price fluctuations, we have not seen any divergent relations to the prices....

Aug 05, 2015 10:33 am UTC| Insights & Views
While bad news are reeling around Chinese economy and its market, all is not truly at worlds end. Chinese manufacturing as measured by PMI while slumped to lowest in almost 2 years, services sector PMI has hit highest...

Comparative analysis indicates crude and loonie still moving in indirect proportionate swings
Aug 05, 2015 09:51 am UTC| Insights & Views
Ever since January 2014 the crude prices have been in negative correlation with USD/CAD, The above chart evidences the same every bit of movements in both prices. The significance of crude for the Canadian dollar is not...