
May 11, 2015 09:20 am UTC| Insights & Views
Pound is trading almost flat around 1.54 against dollar awaiting policy guidance from Bank of England (BOE). BOE would announce monetary policy decision around 11:00 GMT. With election risk subsiding monetary policy...
Economic measures to increase Euro advantages
May 11, 2015 09:06 am UTC| Insights & Views
Euro bonds: The sharp rise in Euro zone bond yields and further appreciation of the euro last week might look like a response to the recent improvement in the Euro zones economic performance. But the renewed rise in oil...
Bank levy poses risk to UK’s financial sector
May 11, 2015 08:23 am UTC| Insights & Views
Bank levy imposed by conservative government over the last few years poses significant challenge for UKs strong financial sector. Since the crisis UKs recovery has been led by services sector industry, among which...
Chinese FX market conservative, deploy hedging approach alternatively
May 11, 2015 07:48 am UTC| Insights & Views
The Peoples Bank reduced the benchmark rates, both lending and deposit rate by 25 bps to 5.1 % and 2.25 % respectively responding to the weaker than expected economic activity data which has raised concerns that the...
May 11, 2015 07:09 am UTC| Insights & Views
Euro group finance ministers are meeting today to discuss over Greeces debt crisis and what might be the path ahead to resolve it. No much is expected today from the meeting and finance ministers have downplayed any...

EURJPY traders book profits, hedgers rely on BCS for downrisk
May 11, 2015 07:00 am UTC| Insights & Views
As stated earlier we managed to extract the minor gains on Bull Put Spread of EURJPY currency cross. Now the intermediate trend is taking U turn on this pair. Yes indeed, downside pressure now added risks to Euro over Yen....
Chinese rate cut failed to boost Aussie and Copper
May 11, 2015 06:51 am UTC| Insights & Views
Over the weekend Peoples Bank of China (PBOC) provided 25 basis points cut in its lending rate in a bid to boost Worlds second largest economy. Lending rate now stand at 5.1%. China faces lower growth prospect in 2015,...