
FxWirePro: Leading oscillators signal EUR/USD to extend slumps – all chances of retesting 1.08
Oct 30, 2015 11:14 am UTC| Insights & Views Technicals
The USD index has recouped half its post-payroll losses, though speaking about the dollar these days somewhat misses the point: idiosyncratic factors have driven cross-market correlations to such low levels that stability...

Policy divergence between Fed and other central banks will continue to be a USD-positive factor
Oct 30, 2015 11:14 am UTC| Insights & Views Central Banks
The Federal Reserve left short-term interest rates unchanged earlier this week, but clearly highlighted the potential for tightening as soon as the December meeting. The committee made a clear decision to lean hard against...

Energy weighs too much on European inflation
Oct 30, 2015 11:04 am UTC| Insights & Views
According to latest report from European Union for preliminary inflation reading for October, energy is exerting too much drag on Euro zone inflation. It is not that inflation is quite high or close to European Central...

FxWirePro: USD/INR outlook – further upside likely
Oct 30, 2015 10:39 am UTC| Insights & Views
Dollar has made a key base against INR and broken higher from there suggesting further rise ahead. Over the past months, and overall in the year INR has performed very well against Dollar and has remained a darling among...

Weak Kiwi works magic, boosts confidence
Oct 30, 2015 09:55 am UTC| Insights & Views
Lower New Zealand Dollar, coupled with aggressive easing by Reserve Bank of New Zealand have worked its magic boosting confidence. Business confidence rose into positive for first time since June and according to ANZ...

Renminbi gains most in decade as PBoC tests convertibility
Oct 30, 2015 09:37 am UTC| Insights & Views
Chinese Yuan is having its best day since the currency was de-pegged from US Dollar, back in 2005. Latest rocking performance is coming as speculation has risen high that Peoples Bank of China (PBoC) will broaden up its...
Guide to today’s important data and events
Oct 30, 2015 09:03 am UTC| Insights & Views
Lot of economic dockets scheduled for today, some with high risks associated. Data released so far New Zealand - ANZ business confidence rose to 10.5% from prior -18.9%. Activity outlook improved to 23.7% from...