
Jul 12, 2017 10:26 am UTC| Technicals Insights & Views
The strong support and stiff resistance are observed at 46.64 levels. For now, after test of strong support at 43.64, the formation of 3-white soldiers with bullish SMA crossover indicates more rallies on cards. We...
FxWirePro: Two currencies among EMFX lure on monetary policy stimulus and current account surplus
Jul 12, 2017 08:14 am UTC| Central Banks Research & Analysis Insights & Views
CNBs latest board minutes, from June, portray an increasingly confident central bank, convinced that all domestic macroeconomic parameters are now consistent with (gradual) normalization of monetary policy. The main...

Jul 12, 2017 07:33 am UTC| Central Banks Research & Analysis Insights & Views
Following some rather dull trading days, USD traders had actually hoped for todays semi-annual hearing of Fed Chair Janet Yellen in front of Congress to bring some life into the exchange rates. But then things happened in...

Jul 12, 2017 07:15 am UTC| Central Banks Research & Analysis Insights & Views
The repricing of monetary policy in the past week has been as dramatic for FX as it has been for rates, with some of the largest weekly moves in the past year in numerous currency pairs. These FX moves have been...

Jul 12, 2017 06:42 am UTC| Technicals Insights & Views
It has been a tight tug of war between bulls and bears in AUDCAD major trend. After resembling bullish engulfing formation on 4H chart the rallies are attempting to break out above stiff resistance of 0.9865 - 0.9870...

New Delhi is running out of water
Jul 11, 2017 20:08 pm UTC| Insights & Views Economy
As summer temperatures soar above 40C in New Delhi, acute water shortages are gripping parts of Indias capital. Signs of water stress are now everywhere, and residents in southern and western parts of the city have not...

Hermès: behind the scenes of the French luxury gem
Jul 11, 2017 20:03 pm UTC| Insights & Views Business
Hermès is a quintessential French luxury brand. But behind the beauty, refinement and quality of its products, the company is also financially strong. What are the cornerstones of its success? The group published...