Dec 16, 2015 14:00 pm UTC| Insights & Views
Universal fact is that the prevailing supply glut has impacted on drop in oil prices, the commodity continued on their downward trajectory last week and recorded multi-year lows.WTI crude futures have recently dropped to...

Eurozone PMI devastating fragile EUR/USD ahead of Fed, OTC volumes almost factor-in Fed decision
Dec 16, 2015 13:27 pm UTC| Insights & Views
The fall in the headline euro-zone Composite PMI, from 54.2 to 54.0, was a little worse than the consensus forecast of no change but it did not fully reverse last months increase.The fall in the euro-zone Composite PMI in...

Dec 16, 2015 12:36 pm UTC| Insights & Views
After PBoCs trade-weighted view of CNY during a last weekend, the warning shot from PBoC for the Fed as FX Wars, we dont think Fed takes into account very seriously.Once the expected Fed rate hike becomes reality, even...

FxWirePro: USD/CHF condor spreads for Swiss importers to hedge payables during higher IVs
Dec 16, 2015 11:39 am UTC| Insights & Views
The SNB stunned markets earlier this year after it removed the three-year old capof 1.20 Swiss francs per euro.Jordan saidthe decision to drop the cap in January was not a "panic reaction," at the time and was a "well...

Possible Fed outcomes and implications on FX space
Dec 16, 2015 11:35 am UTC| Insights & Views
USD was broadly firmer on Wednesday as the markets await Feds decision, due at 1900 GMT. Traders are reluctant to take major bets and remain on the sidelines. Data yestsrday showed that U.S. core Consumer Price Index rose...

Dec 16, 2015 10:30 am UTC| Insights & Views
On daily charts, the pair has tested supports near 61.8% retracements from peaks of 1.0328 levels to 0.9797 levels.A resembling morning star pattern has formed to bounce back towards resistance at 0.9925 levels.Volumes...
Pass or fail? Profs grade GOP foreign policy debate
Dec 16, 2015 08:13 am UTC| Insights & Views
Less than a week after a terrorist attack in California, the GOP candidates for president met to discuss foreign policy. We asked two national security experts to grade the ideas they expressed. Henry Kissinger, how Im...