FxWirePro: Chinese softer policy mix is likely to trouble CNY, stay hedged with 3M forwards
Dec 10, 2015 12:30 pm UTC| Technicals
Chinas CPI rose 1.5% y/y in November, up from 1.3% last month, as food prices picked up in the month. PPI deflation persists, at -5.9% yoy in November, unchanged from last month. CPI barely grew on a m/m basis, while...
Dec 10, 2015 12:27 pm UTC| Technicals
What analysts had predicted on cash rate cut, RBNZ has delivered with 25 bps to keep cash rate at 2.50%. Despite the fact that Central bank has been able to deliver appropriate monetary decision thereve have been...
FxWirePro: Cover AUD/USD shorts until Fed event for risk averse
Dec 10, 2015 07:08 am UTC| Technicals
Yes things are getting changed in Australia, healthy economic climate, Business sentiments (NAB), contracted trade balance and improved job markets etc. But we cannot afford to say its been a reversal on long term trend...
Dec 09, 2015 14:59 pm UTC| Technicals
The disappointment continues from OPEC member states to reach any consensus initially. The fact that members were unable to set any production limit means that a continued high level of production is likely, which will...
FxWirePro: Why confine yields when research is certain - Speculate WTI Crude and multiply returns
Dec 09, 2015 14:47 pm UTC| Technicals
Technically, the current price of WTI oil has remained in the favourite bearish zone at 37.5 where it has tested crucial support in August also when it has tumbled but way below 10DMA. This energy commodity still...
Dec 09, 2015 11:27 am UTC| Technicals
Since we maintain medium term bearish stance on this pair, while any abrupt short term upswings could also be utilized by below strategy. In our opinion, although some price recoveries that weve been seeing from last...
Dec 09, 2015 08:28 am UTC| Technicals
Aussie dollar has been front runner in terms of leading higher implied volatilities (see table showing IVs of ATM contracts), this pair has been consistently showing higher implied volatilities when youve to compare this...
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