FxWirePro: Asian currency exotics to tumble further on PBoC currency management mechanism
Aug 11, 2015 07:25 am UTC| Insights & Views
Can Chinese currency devaluation be perceived as unusual object or is this signing a trend? This devaluation as a one-off but it is quite a vital juncture because this is a big shift in the way the Chinese central bank...
PBoC stuns with Yuan devaluation - hedging activity to intensify
Aug 11, 2015 06:41 am UTC| Insights & Views Central Banks
In an announcement, the Chinese central bank has mentioned that it had tainted the way it computed the currencys daily midpoint against the greenback, now taking the midpoint from market-makers quotes and the previous days...
FxWirePro: Confront NZD/USD steep dips with calendar spreads
Aug 11, 2015 06:09 am UTC| Insights & Views
Kiwi dollars losing streak has been stronger from last 1 year to hit almost 6 years lows. On weekly charts, from last April the pair has been tumbling non-stop to evidence the huge loses.Shooting star like candle is...
Aug 11, 2015 06:02 am UTC| Insights & Views
Technical glimpse:The hanging man has occurred at short term rally that was spotted out in our earlier call. Hanging man at 0.6610 signifies a weakness in the pair again. The pair is now able to hold 6 years lows of...
Currency snapshot (commodity pairs)
Aug 10, 2015 16:26 pm UTC| Insights & Views
Dollar index trading at 97.40 (-0.17%) Strength meter (today so far) - Aussie -0.08%, Kiwi -0.26%, Loonie +0.68%. Strength meter (since last week) - Aussie -0.08%, Kiwi -0.26%, Loonie +0.68%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Aug 10, 2015 16:10 pm UTC| Insights & Views
Dollar index trading at 97.49 (-0.06%). Strength meter (today so far) - Euro +0.26%, Franc -0.22%, Yen -0.27%, GBP +0.32% Strength meter (since last week) - Euro +0.26%, Franc -0.22%, Yen -0.27%, GBP +0.32% EUR/USD...
Buy Gold, targeting $1150 area
Aug 10, 2015 15:45 pm UTC| Insights & Views
When most in the world are planning to just short commodities, metals have started showing some signs of comeback. Precious metal pack as of now looking good to go long. And those looking to avoid the extra volatility of...
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