'Black Monday' gets uglier heading into New York
Aug 24, 2015 12:41 pm UTC| Insights & Views
Bears are raging across most markets, while bulls have traditional safe havens to hide behind. List of few victims of Massacre Monday and intensity of the damage - Starting from the East Japan - While cash...
FxWirePro: EUR/USD gains on Chinese devaluation, vega spreads reduces upside risks in short run
Aug 24, 2015 12:02 pm UTC| Insights & Views
Rationale:ATM Vols: We can observe ATM vols for EUR pairing against dollar than any other currency cross is a bit higher side for next 1 to 3 months period probably due to Chinese currency devaluation and Feds speculation....
Euro on upper hand versus dollar owing to Yuan’s devaluation but sustainable gains struggling
Aug 24, 2015 11:56 am UTC| Insights & Views
We allhave been wellaware thatnextkeydriverfor EURUSD is Feds rate hike expectations but recent dollars collapse that is created by Chinese bank would probably reveal US may defer this big event to the later during...
Euro, Pound, Yen awaits New York session to break critical resistance
Aug 24, 2015 11:09 am UTC| Insights & Views
Euro, Pound and Yen all trading at key juncture before New York session awaiting the volume and usual volatility which might lead to a critical break against Dollar. Global financial market turmoil posing significant...
Weak Chinese data adds pressure on PBoC, policy easing moves look highly likely this week
Aug 24, 2015 10:18 am UTC| Insights & Views Central Banks
Fears that Chinese growth is weakening, dragging the global economy with it, are hammering commodities and world stock markets. Global stock markets extended broad based sell-off, with Chinese equities rout exacerbating...
Aug 24, 2015 09:08 am UTC| Insights & Views
On monthly chart plotting, it evidences the saucer pattern on this pair, a rounding bottom of the prolonged downtrend can used to suggest that the long term trend is reversed. Currently the pair has been able to test...
FxWirePro: NZD/JPY Put Ladder yields desired returns – convert open puts into spreads again
Aug 24, 2015 07:41 am UTC| Insights & Views
It was specified that short term northward direction and steep slumps expected thereafter. Having said that long term dips are most likely, so with a mindset of swing trading short put ladder strategy was set up, so far...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects