FxWirePro: USD/JPY rebounds, critical resistance at lies ahead
Mar 24, 2016 15:34 pm UTC| Technicals
The USD/JPY pair slipped towards 112.36 levels during early US session, however the pair pulled back some losses after the release of jobless claims data from US market. Currently the pair is trading around 112.51...
FxWirePro:EUR/USD resumes downside after failing resistance at 1.1180
Mar 24, 2016 14:52 pm UTC| Technicals
The EUR/USD pair has declined towards lower levels on Thursday as the US dollar gained strength across the board after investors priced for two interest rate hikes this year by Federal Reserve. At the moment the pair...
FxWirePro: USD/CHF consolidating around 0.9756, bias is bullish
Mar 24, 2016 14:16 pm UTC| Technicals
The USD/CHF pair rallied from 0.9736 to test resistance level at 0.9762 in the early US session. However, after failing to break resistance level at 0.9762, the pair has turned back towards trade around 0.9756...

FxWirePro: A glimpse on hedging scenario as 3M Cable IVs spiking higher ahead of Briferendum
Mar 24, 2016 13:57 pm UTC| Technicals
Risk reversals: Demand for GBP puts/USD calls have spiked on fears of UK exit from the EU. The likelihood of the significant brexit will likely keep pressure on the UK currency through the foreseeable future, while key...
FxWirePro: GBP/USD gains some upside momentum but still bearish
Mar 24, 2016 13:23 pm UTC| Technicals
GBP/USD declined in the earlier session to hit low at 1.4041 levels. However, after finding support at 1.4041 the pair has recovered to trade around 1.4128 levels in the early US session. Currently the pair trying to...
Mar 24, 2016 13:15 pm UTC| Technicals
Medium Term Try Hedging Drivers: As crude sensing strength at current WTI prices at $40 a barel, a potential higher oil prices would put renewed pressure on the current account. Uncertainty about Turkish cross-border...
FxWirePro: Hedge USD/BRL FX risks as inflationary risk soars
Mar 24, 2016 11:29 am UTC| Technicals
The Brazilian inflation figures for the first fortnight of March has printed at 0.43%, where food and administered prices have continued to lose steam taking the IPCA-15 down in the first half of March. Consumer prices...