May 22, 2015 11:12 am UTC| Insights & Views
Stochastic signifies the overbought situation has pulled back to threaten the downward pressure on this pair as %D line crossover above 80 levels seen on weekly chart.This good shorting position at this juncture as RSI...
Stronger CPI would make BOC policy outlook neutral
May 22, 2015 10:22 am UTC| Insights & Views
Canadian dollar is currently trading at 1.219 against dollar, advance was halted at 1.225-1.227, immediate resistance area. Canadian dollar has been taking cues from broad based dollar strength and oil price. After...
FED should not rush rate hike – Auto-tightening and multiplier edition
May 22, 2015 09:39 am UTC| Insights & Views
While traders and economists around the world remain cautious trying to gauge the exact time of first rate hike by US Federal Reserve, officials at FED are looking at hard evidence to justify first rate hike. Current...
FED should not rush rate hike – Auto-tightening and multiplier edition
May 22, 2015 09:36 am UTC| Insights & Views
While traders and economists around the world remain cautious trying to gauge the exact time of first rate hike by US Federal Reserve, officials at FED are looking at hard evidence to justify first rate hike. Current...
ATM calls on ratio spreads overlooks time decay , option premiums costlier
May 22, 2015 09:07 am UTC| Insights & Views
Highlighted events today: Public Sector Net Borrowing: The British public finances showed a deficit of 6.74 billion in March of 2015, from a revised shortfall of 4.8 billion in February of 2015 reported by the Office...
Crude oil prices that dragging NOK, FX forwards highly active
May 22, 2015 08:13 am UTC| Insights & Views
Norways oil gas investments have dropped. Unemployment has increased ever since oil prices began their decline. GDP growth is softer but not far off trend pace. CPI remains close to the consensus. Rebound in oil...
Four central banks chiefs to speak today – What to expect?
May 22, 2015 08:07 am UTC| Insights & Views
Today is a big day for major pairs as four central bankers are to speak today, which might provide cues on further policy guidance. Bank of Japans (BOJ) chief Haruhiko Kuroda - Scheduled to speak at 13:30 GMT. Not much...