
Jul 07, 2016 06:58 am UTC| Research & Analysis Insights & Views
This pair has been tumbling after Brexit event as the buying momentum is reduced and the long-term downtrend seems to be intact for now as the massive volumes are convincing this bearish environment on monthly...

Riksbank holds repo rate at -0.5 pct, keeps its short-term easing bias
Jul 06, 2016 12:58 pm UTC| Insights & Views Commentary Economy Central Banks
Swedens Riksbank held its key benchmark repo rate at -0.5% and also made no changes to its Quantitative Easing program at a policy meeting held today. The Executive Board has assessed that there will be a longer delay...

Jul 06, 2016 12:25 pm UTC| Insights & Views Central Banks
USDCNY fixing rates continue to spike higher, which has triggered speculation that further CNY depreciation is looming on the horizon. While it seems that the Chinese central bank (PBoC) continues to weaken its currency...

FxWirePro: CAD and crude to reflect in antipodean – Stay hedged in NZD/USD potential downside risks
Jul 06, 2016 11:00 am UTC| Insights & Views
G10 trades have done well over the past six months. We took profit on NZD/CAD shorts in February and like to reopen it following large NZD gains recently. A preference for oil and US-sensitive CAD to China-sensitive NZD...

Jul 06, 2016 09:22 am UTC| Insights & Views
Technically, more downside traction is foreseen in the weeks to come as the current prices have broken below strong supports at 72.998 levels and on monthly charts slid well below EMAs with leading oscillators to signal...
BoE trims banks’ capital requirements as Brexit risk weighs deeper
Jul 06, 2016 07:52 am UTC| Central Banks Economy Commentary Insights & Views
The Bank of England has trimmed the capital requirements of commercial banks in its bi-annual Financial Stability report (FSR) published on Tuesday, in an attempt to waive off mounting Brexitrisks, post the June 23 UK...

FxWirePro: NZD/CAD 3-way diagonal straddles versus OTM call to trade ahead of Canadian data season
Jul 06, 2016 06:51 am UTC| Research & Analysis Insights & Views
As we have the flurry of data releasesin Canada, we foresee option trading opportunity in NZDCAD. Canadian trade balance is scheduled to be released today, and it is forecasted to print -2.6B versus previous...