
Falling yields to keep Aussie range bound
Apr 16, 2015 09:09 am UTC| Insights & Views
Australian dollar is the top performer today, after job report surprised to the upside against market expectation. Aussie is trading 0.776 against dollar. Question now comes is a bottom formation in place? In short...
Germany won’t blink first in Greek negotiation
Apr 16, 2015 08:44 am UTC| Insights & Views
German finance minister Wolfgag Schuble made clear last night that he wont be blinking first in the current ongoing negotiations with Greece over release of bailout funds. Greek tactics - Greek government first time in...

Aussie cheers improved data releases
Apr 16, 2015 08:41 am UTC| Insights & Views
Aussie has cleared immediate resistance around 0.772 area, up more than 1% for the day. Economic dockets released from Australia today, showed commendable improvement despite fall in commodity prices. Unemployment...

Higher oil price revamps ruble bulls
Apr 16, 2015 07:50 am UTC| Insights & Views
Last night with weaker dollar, oil price have cleared the initial resistance hurdles. WTI is currently trading at $56/barrel, after clearing the sell orders around $54/barrel last night. Weaker inventory rise has...

Apr 16, 2015 07:49 am UTC| Insights & Views
Dollar has taken a hit this week so far, and yesterday the move exacerbated post ECB press conference. There was not much in ECB press conference yesterday, other than as Mr. Draghi suggested that the program depends on...
Guide to today’s important data and events
Apr 16, 2015 07:40 am UTC| Insights & Views
Risks are moderate across board today. Data released so far - Australia - Consumer inflation expectation improved in April to 3.4%, from prior 3.2%. Job report turned out to be fantastic. Unemployment rates dropped to...

Currency snapshot (commodity pairs)
Apr 15, 2015 15:26 pm UTC| Insights & Views
Dollar index trading at 99.07 (+0.30%). Strength meter (today so far) - Aussie -0.08%, Kiwi +0.40%, Loonie -60%. Strength meter (since last week) - Aussie -0.86%, Kiwi +0.25%, Loonie +1.23%. AUD/USD - Trading at...