
Currency snapshot (commodity pairs)
Aug 04, 2015 15:10 pm UTC| Insights & Views
Dollar index trading at 97.49 (+0.04%) Strength meter (today so far) - Aussie +1.91%, Kiwi +0.30%, Loonie +0.26%. Strength meter (since last week) - Aussie +1.44%, Kiwi -0.11%, Loonie -0.33%. AUD/USD - Trading at...

Pound/Dollar consolidation review
Aug 04, 2015 14:11 pm UTC| Insights & Views
Pound has clearly underwhelmed investors, who were hoping a rise in the exchange rate, given Bank of England (BOE) stands next to FED in hiking rates. Cable has moved into a tight consolidation against Dollar ahead of Key...
Aug 04, 2015 13:40 pm UTC| Insights & Views
While trading in currencies, it pays off to know how the yields are trading across globe. Short term rates, such as 3 month libor, 2 year government etc. are of high importance in currency movement. UK: UK 2 year...

Election ahead likely to weigh on Loonie
Aug 04, 2015 13:23 pm UTC| Insights & Views
Incumbent Canadian Prime Minister Stephen Harper has called for elections, which will be held on October 19, 2015. Mr. Harper, who assumed office on February 6th, 2006 has been one of the longest serving Prime Minister of...

Aug 04, 2015 13:19 pm UTC| Insights & Views
We could foresee the bulls taking halt at this point, this has been confirmed with a hanging man candle formation on weekly chart at 1.3084. Hanging man is a bearish candle but there was no clarity from leading oscillators...
UK inflation expectations highest in 9 months
Aug 04, 2015 12:50 pm UTC| Insights & Views
While inflation remains subdued, UKs inflation expectations are grinding higher. According to a private poll from Citi/YouGov inflation expectations hit highest since November last year. Inflation expectations rose to...

FxWirePro: CAD/JPY weakness remains intact, strips combination for fragile downtrend
Aug 04, 2015 12:33 pm UTC| Insights & Views
Technical purview:Considering the intermediate trend of this pair, lot of bearish candles have been piling up such as gravestone doji and hanging man with gap down formation. Weekly RSI has still been converging price...