S&P expects ECB to increase QE to €2.4 trillion
Oct 01, 2015 13:04 pm UTC| Insights & Views
The question surrounding Euro is a trillion Dollar one and everyone is asking to be or not be. As of now European Central Bank (ECB) has only iterated that it stands ready to boost its current asset purchase program but if...
FxWirePro: Iron condor spreads for USD/CHF’s non directional
Oct 01, 2015 12:47 pm UTC| Insights & Views
Although, on long term basis USDCHF has slight uptrend but we expect range bounded movements in short to medium terms. On daily chart, this pair has been moving in a straight line direction, implied volatility of ATM...
Neutral delta risk reversal suggests USD/CHF’s range bounded trend
Oct 01, 2015 12:40 pm UTC| Insights & Views
USDCHF has a neutral delta risk reversal numbers and been absolutely non-directional and puzzling from mid August, earlier to which the pair was moving well within the range. To justify this stance, for short term traders...
Resilient US oil production might unsettle OPEC’s non-OPEC production forecast
Oct 01, 2015 12:20 pm UTC| Insights & Views
OPEC has issued their expectations that non-OPEC crude oil production is likely to drop fast given lower oil price is creating immense pressure in the sector. There has already been 24 corporate bankruptcies in US, in...
Japanese yen and asset prices look relatively attractive
Oct 01, 2015 11:18 am UTC| Insights & Views
Bank of Japans policy appears to be indeed working. Though inflation has failed to take off as promised, BoJ stresses that it is strengthening as a result of yen depreciation and recovery in domestic demand. Despite the...
FxWirePro: Prefer CAD/JPY butterfly spreads as downtrend to halt but certainly not an uptrend
Oct 01, 2015 11:14 am UTC| Insights & Views
Technical glance:Lot of puzzling has been happening in CADJPY when we consider the intermediate trend of this pair, bullish candles such as dragonfly doji and at 90.217 on daily and likely dragonfly doji again for this...
FxWirePro: Short term call – Buy Euro against Pound targeting 0.75 and 0.775
Oct 01, 2015 11:09 am UTC| Insights & Views
European Central Bank (ECB) and Bank of England (BOE) are on the path of divergent monetary policies. While ECB is continuing on its record easing of 60 billion per month looking to increase balance sheet size by 1.1...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects