FxWirePro: USD/CHF bulls hover at wedge baseline, shooting star pops up at stiff resistance to counter in minor trend, Can bears manage to breach?

Sep 22, 2017 10:52 am UTC| Technicals Insights & Views

USDCHFs major resistance levels are seen at 0.97-9771. The rallies have rejected at these major resistance levels in the recent past. Shooting star pops at the same resistance at 0.9704 levels but on the contrary,...

FxWirePro: On the dots and damp squibs – The road-map ahead for FOMC

Sep 22, 2017 09:49 am UTC| Central Banks Insights & Views Commentary

Janet Yellen has initiated the final stage of dismantling the post-GFC monetary policy framework before she (perhaps) departs from her role. The symbolism may be more important than the details. The much-anticipated...

FxWirePro: Can dollar strength against G3 counterparts sustain after hawkish FOMC? Seems unlikely

Sep 22, 2017 07:38 am UTC| Research & Analysis Insights & Views Central Banks

The recent USD strength following the Fed meeting did not last very long. Since yesterday morning EURUSD has already been enjoying support again and is trading around 1.1950. However, the rate expectations have remained...

FxWirePro: Prudent to cover shorts in Kiwis dollar ahead of parliamentary polls, long calls on AUD/NZD option straps serve the purpose – Reshuffle straps to strips

Sep 22, 2017 06:54 am UTC| Research & Analysis Insights & Views

The generalparliamentary electionis held on Sat 23 September. Polling ends at 7 pm NZT, and the results of most votes will be available that evening. Polls have indicated a close race. NZ goes into the polls and having...

FxWirePro: After AUD/NZD’s shooting star, hanging man and bearish engulfing, bears resume to slide back in sloping channel – Use boundary binaries and short hedge

Sep 22, 2017 06:04 am UTC| Technicals Insights & Views

On daily terms, the stiff resistance is seen at 1.1144 levels. That is where, a few set of bearish pattern candlesticks, such as, Shooting star, hanging man the bearish engulfing candle at 1.1083, 1.1126, 1.0921 levels...

How an economic theory helped mire the United States in Vietnam

Sep 22, 2017 04:01 am UTC| Insights & Views Economy

Questions of how the U.S. got mired in the Vietnam War and whether it was ultimately winnable have fascinated historians for half a century most recently in Ken Burns new 18-hour documentary. A little-remembered aspect...

Clock running out on health program for 9 million kids

Sep 22, 2017 03:54 am UTC| Insights & Views Politics Health

Since the inauguration of President Trump, health care has been front and center in American politics. Yet, attention has almost exclusively been focused on the Affordable Care Act, most recently in the form of...