Scandal hit ringgit falls to lowest since 2006
Jun 08, 2015 08:32 am UTC| Insights & Views
The Malaysian ringgit dropped to 3.76 against dollar, level last seen during 2006 as investors pull out money out of the scandal hit country. Strong dollar over Fridays stronger than expected non-farm report also...
Add protective puts on USD/JPY’s slides
Jun 08, 2015 08:31 am UTC| Insights & Views
Technical Purview: (USD/JPY)We cautiously suggest for now fresh short build ups on USD/JPY currency crosses on every upwaves. Both on daily and weekly graphs have started signaling weakness in this pair. So for medium term...
Japan register healthy economic data, plants in recovery mood for Yen
Jun 08, 2015 07:58 am UTC| Insights & Views
The set of data tags along encouraging comments over the last weekend from government spokesman Yasuhisa Kawamura, who said the economy "returning to a growth orbit" on the sidelines of the Group of Seven (G7) summit....
Lira takes hit as ruling AKP loses majority, central bank moves in with easing
Jun 08, 2015 07:43 am UTC| Insights & Views
Lira embraced volatility as expected over Sundays election, but what was not expected was that ruling AKP would lose its majority, pushing the country towards political uncertainty and turmoil. Turkish Lira (TRY) moved to...
NPV of naked puts costlier, Add Bear Put Spreads on EUR/USD
Jun 08, 2015 06:57 am UTC| Insights & Views
In usual scenario long rates almost never outrank short rates as a driver of EUR/USD, now they are doing so at present.The longs will ultimately be unsustainable and short rates will need to take up the running in order...
Treasury bond yields and their correlation with FX returns
Jun 08, 2015 06:52 am UTC| Insights & Views
The breakdown of euro-area Q1 GDP should confirm that the 2015 cyclical recovery is mainly being driven by consumption.In fact, in recent years, until now there has been only one sustained period where long rates mattered...
German industrial production registers solid start to second quarter
Jun 08, 2015 06:49 am UTC| Insights & Views
German industries roared back in April to beat analysts estimates and slashing expectations of slowdown in Europes largest economy. In April 2015, production in industry was up by 0.9% from the previous month on a...