Aug 11, 2015 11:53 am UTC| Insights & Views
Technical Inference:The bearish candles such as shooting star and doji pattern are piling up on USDCHF pair. All these 3 bearish candles occurred on uptrend rallies at peaks.The highs of these bearish candles were not...
Aussie at risk over Yuan devaluation
Aug 11, 2015 11:31 am UTC| Insights & Views
Australian economy as well as its dollar faces risk over todays devaluation of Chinese Yuan via fix by Peoples bank of China (PBOC). Over the last few months, analysts were expecting PBOC not to devalue its currency,...
Chinese intervention via FIX largest on record
Aug 11, 2015 11:02 am UTC| Insights & Views
Todays currency move by China is a historic one. Peoples Bank of China (PBOC) surprised the market today by introducing much awaited devaluation of currency to stimulate economy. Each day at 9:15 am local time the Peoples...
FxWirePro: Rosy opportunities for crude bears - Short WTI crude futures or arbitrage using rallies
Aug 11, 2015 10:26 am UTC| Insights & Views
Technical Watch:Dear readers, weve been consistently bearish and been advocating suitable trading calls when the commodity was around 60 levels.Monthly technicals still suggest sell indications as the RSI signaling...
FxWirePro: GBP/AUD correction over - uptrend to resume; option straps for hedging perspectives
Aug 11, 2015 09:37 am UTC| Insights & Views
Technical Glance:We had spotted out a clear sell call on this pair 04th August. You can observe what has happened, however the extended effects do not seem to persist for long run.While we were designing long term hedging...
Guide to today’s important data and events
Aug 11, 2015 09:34 am UTC| Insights & Views
Low to medium risks economic dockets scheduled for today. Data released so far: China - M2 money supply rose 13.3% in July from a year ago, higher than prior 11.8%. New loans for July came at 1.4 trillion...
Aug 11, 2015 08:28 am UTC| Insights & Views
Delta risk reversals of AUDUSD: After the brief 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 long...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects