Sep 21, 2017 09:28 am UTC| Research & Analysis Insights & Views
This weeks EIA (Energy Information Adminstration) report has been bearish for crude and bullish for gasoline and distillate. Overall, this report was bullish compared to the previous two reports; total commercial crude and...

FxWirePro: Key drivers of bullish CNY - Identify dislocations between IVs, RVs and RRs
Sep 21, 2017 08:08 am UTC| Research & Analysis Insights & Views
No doubt from last two weeks, USDCNY has been spiking higher to the current levels of 6.5954 from the recent lows of 6.4345 levels. However, it is foreseen that the strength of CNY can be traced to three factors: The...

Sep 21, 2017 07:07 am UTC| Research & Analysis Insights & Views
Before describing the Vega longs, lets begin with volatility. The volatility of any asset price (currency pair in this case) is simply how much it fluctuates with no regard to direction. It is given as a percentage of...

Sep 21, 2017 06:20 am UTC| Technicals Insights & Views
From last two weeks, NZDJPY bullish streaks seem to have been halted today, but the current price is still above 7-weeks highs. Historically, upswings exhausted at the stiff resistance of 83.929-943 levels, Shooting...

FxWirePro: Fundamental driving force lures TRY longs against USD and ZAR
Sep 20, 2017 12:56 pm UTC| Research & Analysis Insights & Views
In this write up, were emphasizing on the potential currency from the EMFX space where the global conditions remain largely supportive of yield-seeking behaviour. While monetary conditions remain accommodative in much of...

Sep 20, 2017 12:09 pm UTC| Research & Analysis Insights & Views
The implied volatility of 1m XAUUSD ATM contracts is a tad below 11%, (10.82% to be precise), while the skews in these IVs signify the hedging sentiment through OTC market has been well balanced for both bullish and...
FxWirePro: South Africa continues to drive platinum’s bullish and bearish price scenarios
Sep 20, 2017 11:57 am UTC| Research & Analysis Insights & Views
In platinum, mine production has so far proven relatively inelastic to lower prices. Combined with a weak outlook for demand growth given eroding European diesel share following the Volkswagen emission scandal in 2015,...