
Euro, Pound, Yen awaits New York session to break critical resistance
Aug 24, 2015 11:09 am UTC| Insights & Views
Euro, Pound and Yen all trading at key juncture before New York session awaiting the volume and usual volatility which might lead to a critical break against Dollar. Global financial market turmoil posing significant...

Weak Chinese data adds pressure on PBoC, policy easing moves look highly likely this week
Aug 24, 2015 10:18 am UTC| Insights & Views Central Banks
Fears that Chinese growth is weakening, dragging the global economy with it, are hammering commodities and world stock markets. Global stock markets extended broad based sell-off, with Chinese equities rout exacerbating...

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...