
Another devaluation day from PBoC but panic subsides
Aug 13, 2015 09:58 am UTC| Insights & Views
Three consecutive daily devaluation from PBoC, marks major shift in Chinese Yuan, which for quite some time has remained one way ride up against Dollar. After 1.9% devaluation via fix on Tuesday, 1.6% on Wednesday, PBoC...

FxWirePro: GBP/USD condor Spreads to hedge 1M ATM contracts, least IV among G7 pool
Aug 13, 2015 09:37 am UTC| Insights & Views
As there are no significant data releases that would propel GBP side for this week and near future GBPUSD may likely to experience low volatility. You can make out from the nutshell; GBPUSD is to have the least...

FxWirePro: NZD/JPY short put ladder hedges short term bull run and resumption of bear trend
Aug 13, 2015 08:15 am UTC| Insights & Views Technicals
On daily charts moving averages are signifying some price stability which could propel the prices towards north in short term. While leading oscillators like RSI and stochastic are puzzling this uptrend rallies. We think...

FxWirePro: Yen shrugs off PBoC’s devaluation mechanism, $/¥ long straddles for long term hedging
Aug 13, 2015 07:27 am UTC| Insights & Views
Technical Glance and Hedging Perspectives:On weekly charts, swings are getting narrowed along with the oscillating indicators evidencing proportionate convergence with price fluctuations on either side. On weekly chart,...

FxWirePro: USD/SGD uptrend remains intact; delta hedge to confront puzzling swings
Aug 13, 2015 06:46 am UTC| Insights & Views
Nothing wrong about the SGD losing its currency value against greenback on the back of Yuans devaluation mechanism, USDSGDs spikes would be deemed as continuation pattern for uptrend in this pair that has affected the pair...

FxWirePro: Diagonal option strip serves both hedging and trading AUD/NZD
Aug 13, 2015 05:53 am UTC| Insights & Views
Technical Glance: Ever since the upswings are seen on this pair the leading oscillators have been showing upward convergence. RSI is currently trending near 60.3176, while %D line crossover on slow stochastic at around...
Guide to today’s important data and events
Aug 13, 2015 04:23 am UTC| Insights & Views
Lot of economic dockets for today, some with high risk associated. Data released so far - Australia - Consumer inflation expectations rose to 3.7% for August, up from 3.4% in July. Upcoming - Germany - Consumer...