RBNZ needs to lower cost of capital, weak kiwi not enough
Jun 30, 2015 08:49 am UTC| Insights & Views
One rate cut and comments from Reserve Bank of New Zealand (RBNZ) has pushed New Zealand dollar to its lowest since 2010 against dollar. However, weak exchange rate is yet to cushion the economic downturn, New Zealand is...
Why does put call parity play crucial role in option combinations?
Jun 30, 2015 08:23 am UTC| Insights & Views
Weve been advocating strategies involving option combinations contemplating a proper computation of put call parity of the currency pairs. We are take this through why is it so important to shed some light on put call...
Guide to today’s important data and events
Jun 30, 2015 08:11 am UTC| Insights & Views
Lot of economic dockets to be released today, however the risks associated with the releases are moderate. Data released so far - New Zealand - ANZ business confidence dropped to -2.3 from 15.7 prior. Activity outlook...

FxWirePro: USD/CAD binary puts may yield 20-25 pips; but call spreads on hedging front
Jun 30, 2015 07:49 am UTC| Insights & Views
Although the Fed will be sensitive to developments in Europe, it would be too early in our view to call for a delayed lift-off on the back of Greece. The streets continue to believe September rate hike driven by better...

FxWirePro: GBP/JPY delta back-spreads costlier but worth holding to hedge pounds depreciation
Jun 30, 2015 07:10 am UTC| Insights & Views
Since the bearish signals have been traced out from EOD as well as weekly charts, relevant hedging positions for Yens exposure are highly recommended.Formation of breakaway gap, hanging man spinning top is figured out on...

FxWirePro: Break-away gap, hanging man and spinning top on GBP/JPY
Jun 30, 2015 07:06 am UTC| Insights & Views
Yen gained on account of Greece debt defaults against almost every major basket of currencies.On daily charts it has formed a breakaway gap at 192.806 levels.Slow stochastic on weekly charts indicates overbought pressure...
Any further Euro dips likely? Arrest the slumps though spreads
Jun 30, 2015 05:49 am UTC| Insights & Views
The euro fell below the USD 1.10 mark yesterday after the Greek government said it would hold a referendum on its bailout negotiations but recovered massively during the course of the day, thereby opening the possibility...