Oct 10, 2017 13:15 pm UTC| Commentary
OPECs November meeting will mark the official anniversary of the OPEC/N-OPEC agreement that is aimed to reduce global supplies by 1.76 million barrels per day. OPEC members along with participating non-OPEC countries will...

FxWirePro Call Review: EUR/CHF bull call might sour on dovish ECB
Oct 10, 2017 12:10 pm UTC| Commentary
After our June call to buy euro against franc at the then current rate of 1.089 with a target of 1.137 was a success, we initiated another bull call in September after booking profit in the previous one. We suggested...

FxWirePro: Dollar index likely to test sellers around 95 area
Oct 10, 2017 08:43 am UTC| Commentary
The performance of the dollar improved since September after six months of consecutive decline, which was dollars worst showing in H1 in more than two decades. The dollar index, which is the value of the dollar against a...
Fed Hike aftermath Series: Hike probabilities over next 12 months
Oct 10, 2017 07:47 am UTC| Commentary Central Banks
Hike probability sharply spiked after last FOMC meeting, where projection material showed that the U.S. Federal Reserve is still projecting one more hike for 2017, which is likely to be December. Before the meeting, the...

FxWirePro: NZD/USD likely to start forming support base around 0.7 area
Oct 10, 2017 07:21 am UTC| Commentary
After reaching the highest level since April 2015, back in July this year around 0.755 area, the New Zealand dollar has declined steadily as the Reserve Bank of New Zealand (RBNZ) resisted calls to hike interest rates and...

FxWirePro Call Review: USD/JPY short call under threat as Kuroda vows to continue monetary easing
Oct 10, 2017 06:34 am UTC| Commentary
We have been short on USD/JPY for quite some time now. Back in May this year, in an article named, FxWirePro: Buy yen at dips targeting 101 per dollar, available at...
FxWirePro: The Day Ahead- 10th October 2017
Oct 10, 2017 05:16 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Australia: National Banks business confidence improves to 7 in September. Business...