Russian Ruble consolidates, while default spread falls
May 26, 2015 09:34 am UTC| Insights & Views
Russian 5 year Credit Default Swaps (CDS) has tightened below 300 points for the first time since November 2014, as sentiments and financial conditions have improved further. Russian Ruble is now hovering at 50 against...
Bearish Marubozu on EUR/USD; optimize potential slumps with PRBS
May 26, 2015 08:35 am UTC| Insights & Views
Technical Insights:No trace of recovery when weekly chart was plotted."Bearish Marubozu" candlestick pattern was traced out on weekly chart of this pair. The bearish candle with no shadow extending from the body at either...
May 26, 2015 08:33 am UTC| Insights & Views
Today Durable goods order to be released from US at 12:30 GMT and it is to provide further guidance on Dollar. Federal Reserve Bank of San Francisco, published a paper arguing that first quarter weakness in US economy is...
Crunch time nearing for EURO; more anticipated slumps
May 26, 2015 08:33 am UTC| Insights & Views
Key events today lined up for data releases:Employment level (GMT 07:15) with consensus numbers at 4.21 millions of employed workers. Previously the same was seen at 4.23 millions as recorded by Swiss statistics.CBI...
Dollar shoots to upside as volume returns
May 26, 2015 07:48 am UTC| Insights & Views
Dollar started the week with a bang. Yesterday Dollar index was up about 1/3 percentage points in spite of major market close due to holiday and today with return in volume Dollar has moved even higher. Dollar index is...
Guide to today’s important data and events
May 26, 2015 07:04 am UTC| Insights & Views
Most are US centered data today, with high risk associated. Focus is on durable goods orders. Upcoming - Switzerland - Employment level for first quarter to be released at 7:15 GMT. UK - CBI trades survey will be...
Almanac Straddle of EUR/CHF in low volatility
May 26, 2015 06:54 am UTC| Insights & Views
Technical Glimpse:Even though from current levels the oscillators indicating downward convergence to the declining price line on this curve, this range bounded pair (1.0812 - 1.0258) does not seem to breach sideline...