
Aug 24, 2015 09:08 am UTC| Insights & Views
On monthly chart plotting, it evidences the saucer pattern on this pair, a rounding bottom of the prolonged downtrend can used to suggest that the long term trend is reversed. Currently the pair has been able to test...

FxWirePro: NZD/JPY Put Ladder yields desired returns – convert open puts into spreads again
Aug 24, 2015 07:41 am UTC| Insights & Views
It was specified that short term northward direction and steep slumps expected thereafter. Having said that long term dips are most likely, so with a mindset of swing trading short put ladder strategy was set up, so far...

VIX set for further rise after fifth biggest daily gain on Friday
Aug 24, 2015 07:20 am UTC| Insights & Views
Since Chinas devaluation of its peg, Volatility has been rising and last week it rose close its record. Chinese equity markets, known for its notorious high volatility has spilled it over to the global markets. Chinese...

USD/CAD breaks key congestion – buy dollar against loonie
Aug 24, 2015 06:40 am UTC| Insights & Views
Massacre Monday likely to have claimed a North American victim, the Loonie or Canadian Dollar. With Commodities dropping like stone, along with global equities there seems to be no respite for Canadian dollar. Bloomberg...

Renminbi series: Controlled devaluation or peg break?
Aug 24, 2015 05:55 am UTC| Insights & Views
Turmoil in financial markets has now spilled over third week, which began when China chose to devalue its currency using the fix. Fix is the mid-value of Dollar/Yuan, which is set by Peoples bank of China (PBoC) every day...

Monday market massacre pushes commodities further down
Aug 24, 2015 05:02 am UTC| Insights & Views
Monday massacre is just not limited to stocks, emerging markets currencies along with commodities are down to ground to start the week. Bloomberg commodity index has dropped to lowest in 16 years over concerns arising from...

Devaluation massacre series: Emerging FX
Aug 24, 2015 04:33 am UTC| Insights & Views
For some of the emerging market currencies, recent rout has been worst since financial crisis (2008/09), for some worst since Asian currency crisis (1997), for some worst since Taper Tantrum (2013) and for some, worst on...