
Euro likely to rise against Pound – previous call revised
Aug 13, 2015 14:29 pm UTC| Insights & Views Technicals
We had previously suggested to sell Euro against pound based on the fundamentals of divergent monetary policy. Though that theme remains for medium to long term, three consecutive days of Peoples bank of Chinas (PBoC) Yuan...

European Central Bank confident on inflation
Aug 13, 2015 13:54 pm UTC| Insights & Views Central Banks
According to latest European Central Bank (ECB) minutes released today, officials are ever more confident over inflation and the ability of current policy to reign on deflation. As per latest minutes monetary policy of...

Stronger retail sales fails to reignite Dollar
Aug 13, 2015 13:22 pm UTC| Insights & Views Economy
US retail sales not only surprised to upside, June was revised higher. Headline sales rose by 0.6% in July from June. The data was much better, given June sales were revised upwards from -0.1% to +0.2%. Core sales...
FxWirePro: US retail business looks healthy - Gamma spreads for AUD/USD’s potential downswings
Aug 13, 2015 13:16 pm UTC| Insights & Views
Fundamental rationale: US retail sales economic reports: The US commerce department mentioned that the retail sales increased by 0.6% last month, beating expectations for a gain of 0.5%. Retail sales dropped by 0.3%...

FxWirePro: AUD/USD dips to resume as delta risk reversal still signifies expensive downside hedging
Aug 13, 2015 13:13 pm UTC| Insights & Views
Delta risk reversals of AUDUSD: Despite the short-lived upswings to 0.7440, the OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon as hedgers have been cautious on...

Financials shine brightest in growing Europe
Aug 13, 2015 12:56 pm UTC| Insights & Views Central Banks Economy
European Central Banks (ECB) unprecedented easing, which has unleashed more than 250 billion of liquidity in Euro zone seems to be working its magic for the economy as well as almost all subsectors, as per latest data from...

Aug 13, 2015 12:17 pm UTC| Insights & Views
Euro just shot up over Chinas devaluation of Yuan from 1.098 against Dollar on Tuesday to 1.12 by last night. While Dollar was up against most currencies and commodities, Euros move might baffle investors. Why Euro...