
Apr 24, 2015 07:11 am UTC| Insights & Views
Short term divergence in monetary policy expectation with a decisive break makes this pair so interesting to take positions in short side. Bulls got hammered at falling trend line against dollar around 0.772-0.775 area,...

Apr 24, 2015 03:06 am UTC| Insights & Views
Fundamental change - Reserve bank of New Zealand (RBNZ) Asst. Governor Mc Dermott raised the possibility of a rate cut over the next few meetings. Next rate decision is due on Aril 29, Wednesday next week. Say no...

Apr 24, 2015 03:01 am UTC| Insights & Views
Reserve bank of New Zealand (RBNZ) Asst. Governor Mc Dermott hammered nail on kiwi bulls by raising the possibility of a rate cut over the next meetings. According to Mr. Mc Dermott, RBNZ is not considering any rate...

Let’s not read too much into weak data
Apr 24, 2015 02:56 am UTC| Insights & Views
Yesterdays provisionary April PMI report might have cheered the bears calling for an end to recovery, however it would be premature to call for such, in spite recent weakness. PMI above 50 indicates growth. Japanese...
Apr 24, 2015 02:54 am UTC| Insights & Views
Latest strong words exchange between Russia and Ukraine indicate that coming weeks might result in breakage of six weeks old peace deal brokered by Europe. More than 6000 people have died, 15000 wounded and millions...
Guide to today’s important data and events
Apr 24, 2015 02:19 am UTC| Insights & Views
Today economic data and events are less, however risk associated is high. Upcoming - Japan - All industry activity index is scheduled at 4:30 GMT. Bank of Japans Deputy Governor Nakaso would be giving speech around...

US$ further bearish in near term
Apr 23, 2015 13:04 pm UTC| Insights & Views
The US dollar index is likely to extend down to 95.72/94.63 before renewed basing, while USD/JPY is recurring to its multi-month break of 119.30/119.38 support. USD/JPY weakness can extend to 118.15, potentially as far...