Constructive near term risk-reward profile for USD/SGD
Jul 30, 2015 09:48 am UTC| Insights & Views
If the tactically bearish stance on EM FX continues to unfold there is upside potential in USD-SGD. As shown in the diagram the Singapore dollar has lagged the weakness in regional currencies over the last one month.On...
Guide to today’s important data and events
Jul 30, 2015 09:25 am UTC| Insights & Views
Lot of economic dockets scheduled for today, some with high risk associated. Data released so far - Australia - Import price index rose by 1.4%, whereas export price index dropped by -4.4%. Building permits dropped by...
FxWirePro: USD/SGD uptrend remains intact; delta hedge to confront puzzling swings
Jul 30, 2015 08:28 am UTC| Insights & Views
Weve been reiterating that the prevailing uptrend for USD/SGD seems to be exhausted in an attempt to evidence 3 months high but looking weaker as it was unable to sustain the same.The leading oscillating indicator RSI (14)...
FxWirePro: EURGBP volatility optimizer through gamma spreads
Jul 30, 2015 07:59 am UTC| Insights & Views
Hedging framework using naked contracts would turn out to be a gamble on highly volatile currency pairs (EURGBP and EURUSD are the ones among the pool), it may fetch desirable outcomes but at times seems unlikely...
FxWirePro: Diagonal Strips for both hedging and trading AUD/NZD
Jul 30, 2015 07:21 am UTC| Insights & Views
Ever since the downswings are seen on this pair the leading oscillators have been showing downward divergence. RSI trending near 56.6008 diverging with falling prices, while %D line crossover on slow stochastic at around...
FxWirePro: Gamma spreads for AUD export payables that stuck in IV riddle
Jul 30, 2015 07:05 am UTC| Insights & Views
The downside risk in AUD against USD is anticipated if the Feds rate decision seems to be is in line with the Yellens hints after she sent strong indications that US economic conditions are likely to justify an interest...
FxWirePro: EUR/JPY short strangle for range bound trend of 138.113 - 133.295
Jul 30, 2015 06:23 am UTC| Insights & Views
Technical Purview:It is observed that there is range bounded swings on this pair where upper band is 138.113 which is maintaining as a resistance point while 133.295 as support from last couple of weeks. Currently, RSI...
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