Currency snapshot (commodity pairs)
Nov 10, 2015 15:29 pm UTC| Insights & Views
Dollar index trading at 99.03 (-0.15%) Strength meter (today so far) - Aussie -0.34%, Kiwi -0.15%, Loonie -0.09%. Strength meter (since last week) - Aussie -0.09%, Kiwi +0.17%, Loonie +0.22%. AUD/USD Trading at...
Currency snapshot (major pairs)
Nov 10, 2015 15:12 pm UTC| Insights & Views
Dollar index trading at 99.46 (+0.45%). Strength meter (today so far) - Euro -0.72%, Franc -0.47%, Yen -0.28%, GBP -0.09% Strength meter (since last week) - Euro -0.46%, Franc -0.25%, Yen -0.17%, GBP...
Nov 10, 2015 14:29 pm UTC| Insights & Views
Bonds across globe were the worst performer after US Federal Reserve indicated possibility of rate hike in December, which strengthened after this months block buster payroll report. US US 2 year yield is trading...
Indian government pushes further reforms despite setback in Bihar
Nov 10, 2015 14:04 pm UTC| Insights & Views
A major move of reform came just after a day, Bharatiya Janata Party (BJP) government led by Prime Minister Narendra Modi suffered a crushing defeat in states of Bihar to local parties. These new reforms will ease and...
US equity sell-offs may not gain momentum
Nov 10, 2015 13:09 pm UTC| Insights & Views
Yesterdays sell offs in US equities, which saw benchmark SP500 to decline more than 1% may not gain enough traction to spark a massive sell offs that occurred in last August, in response to Chinas devaluation of Yuan or...
Dollar/Yen struck between FED hike and risk aversion
Nov 10, 2015 12:47 pm UTC| Insights & Views
FED hike possibility in December and sharp drop in equities last night got Dollar/Yen struck between stronger Dollar and risk aversion. We at FxWirePro, are still in favor of monetary policy divergence at least until...
IEA expects oil glut to persist through 2020
Nov 10, 2015 12:14 pm UTC| Insights & Views
International Energy Agency (IEA), a key watchdog of global energy market forecasts oil glut to persists through 2020, much further than originally anticipated. According to the agency, oil market will remain...
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