FxWirePro: EUR/JPY debit gamma spreads ensure risk reward profile for risk averse on hedging front

Jul 22, 2015 09:58 am UTC| Insights & Views

Technical Glance:It is perceived as risky to have opened naked position on highly volatile non directional trend. EUR/JPY is now alike a non directional pattern as this pair is boiling up with lots of bearish candles but...

Stock crash takes toll on Chinese consumer sentiment

Jul 22, 2015 08:41 am UTC| Insights & Views

In spite of dedicated effort by Chinese regulators and government, which banned short selling, banned selling by large stock holders, loosened margin financing rules, asked banks to roll over margin debt increased Chinas...

RBNZ monetary policy preview

Jul 22, 2015 08:20 am UTC| Insights & Views

Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 21:00 GMT. Economic condition - New Zealands economy overall remained robust throughout past years however as of recent...

Bank of England (BOE) minutes preview

Jul 22, 2015 07:45 am UTC| Insights & Views

Pound hawks are eagerly awaiting todays BOE minutes after BOE governor provided plenty of signs that the central bank is getting closer to its first hike. BOE minutes will both be released at 8.30 am GMT. Pound is trading...

FxWirePro: Inverse saucer pattern forms on WTI crude, testing supports at 38.2% Fibonacci retracement; any breach below drags until 47.44

Jul 22, 2015 07:15 am UTC| Insights & Views

On EOD charts of WTI CL1! We traced out an inverse saucer pattern. Inverse saucer patterns can prolong for weeks or even extend into years. But for now the new trend that develops may last for a similar duration to the...

Chinese business sentiment sours to six-year low

Jul 22, 2015 07:11 am UTC| Insights & Views

While Chinese authorities throws everything to shore up countrys falling stock market, business are finding little to cheer about as economic pain continue to persist. MNI China Business Indicator fell 8.8 per cent to...

FxWirePro: RBA’s rationale behind AUD’s depreciation, RBNZ’s rate decision attracts buying binary puts for targets of 30-35 pips

Jul 22, 2015 05:52 am UTC| Insights & Views

The minutes of the monetary policy meeting of the Reserve Bank Board provided no real surprises from the perspective of the policy outlook. Ever since Australian domestic demand was not quite substantial to attain complete...