
What now for oil – WTI at $63/barrel is plausible
Apr 16, 2015 10:45 am UTC| Insights & Views
Oil is having its best month at least in last one and half year. Price is up close to 20% this month, though this higher change is due to lower oil prices. It is too early to say that oil price is reversing here on,...
How best to use Lonnie’s breakout?
Apr 16, 2015 10:41 am UTC| Insights & Views
Canadian dollar is best performing currency so far this week among the four majors and three commodity pairs. It has risen 2.4% so far. Bank of Canada has kept policy rates unchanged in last nights monetary policy...

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...