Pound looks vulnerable against yen
May 25, 2015 13:16 pm UTC| Insights & Views
In todays trade after Fridays massive selloffs pound is losing further grounds against dollar, while Yen gains ground making GBP/JPY one of the top performer on the short side. Moreover Thursday and Friday, pound briefly...
Why resilient bund 10 year yield can’t provide support to Euro?
May 25, 2015 12:53 pm UTC| Insights & Views
From April last to mid-May there was rout in bond market, mainly European bond market which saw German 10 year yield jumped from 0.05% to 0.75% taking the Euro along. Euro touched as high as 1.145 against dollar, up from...
Time decay (Theta) merits of Long Guts position on AUD/NZD
May 25, 2015 12:35 pm UTC| Insights & Views
There has been plenty to mull over in the past week, including the recently announced new property tax rules, a mildly stimulatory Budget, and surprisingly resilient inflation expectations.We remain firmly of the view that...
Use reverse iron condors on USD/INR
May 25, 2015 12:22 pm UTC| Insights & Views
INR continues to slide against USD and recorded lower by 13 paise at 63.65 on sustainable demand of dollar from banks and importers due to its increasing force in the overseas market.Crude prices rose on bargain-hunting in...
Canadian dollar vulnerable after CPI release as crude might turn lower
May 25, 2015 11:18 am UTC| Insights & Views
Canadian dollar, which has been losing ground against dollar since the pair (USD/CAD)failed to break below 1.19 support area, now stands close to losing further grounds as dollar recovers and crude seem to be in the...
Non-directional trend on NZD/USD, Yields through Bull Ratio Spreads
May 25, 2015 11:05 am UTC| Insights & Views
Lets shed some light on technical insight before jumping into strategic currency trade ideas:We could foresee trend may reverse as the Doji on rallies is expected to form on weekly chart of NZDUSD currency cross.If the...
NZD bulls optimistic on trade balance data and rate cut
May 25, 2015 10:57 am UTC| Insights & Views
The US dollar carries on its rally since Friday after a strong inflation report and comments last week from Janet Yellen that seemed to indicate that an interest rate increase remains on the table.On the opposite side of...