All Blogs
USD: Positioning Itself for a Big Move - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the futures market may be suggesting that the market is pricing in only a 10% chance of a Fed rate hike in June but there other signs that many investors may have started to take the risk muc...
USD Could See a Bounce to 94.00/95.00 – Westpac Strategist Richard Franulovich at Westpac believes the rebound of the greenback could test the 94.00/95.00 area. Key Quotes “USD oversold on multiple metrics - heavy short positioning and underdone Fed hike probabilities two notable examples”...
UK PMI's Paint a Worrying Picture, Push Back BOE Rate Hike Expectations to 2017 UK service sector which is considered the main driver of the UK’s economic growth appears to be slowing down...
In our latest analysis we were expecting a pullback in EURUSD, and even though it went a bit deeper than our target, it immediately recovered with the amazing rally from 1.12 up to higher 1.15 levels. What we are experiencing up to now is a ...Read Trade Setup Here...
FxWirePro: EUR/CHF Option Trade - a Less Returns But Certain Return The sale of straddles is usually executed using at the money strikes. A trader can attain more probabilities of certain yields by selling a combination with different strike prices via something called shorting strangles...
Riksbank Minutes Suggest Room for Gradual EUR/SEK Depreciation – Nomura Research Team at Nomura, draws two key conclusions from the minutes of the Riksbank’s April meeting...
USD/CHF Climbs Further to Test 0.9650 Resistance Continuing with its upward trajectory, the USD/CHF pair has now moved back above 0.9600 level and is currently trading just a tad below 0.9650 level, virtually at the high point of the day...
AUD/USD Door Open for a Test of 0.7410 – UOB The Aussie dollar could see its downside extended to the 0.7410 area, according to analysts at UOB Group. Key Quotes “We turned bearish yesterday but as mentioned, it appears likely that we have the bulk of the current AUD weakness”...
WTI Eases from Highs, Near $45.00 Crude oil prices keep the buoyant sentiment on Thursday, with the barrel of West Texas Intermediate climbing as high as $45.30 in early trade...
Indonesia: Growth Still Likely to Improve from a Slow Q1 - Nomura Research Team at Nomura, notes that the Indonesia’s Q1 GDP growth slowed to a disappointing 4.9% after improving to 5.0% in Q4 2015, led by a moderation in investment spending...
GBP/USD Slides Further Below 1.4500 Handle on Weak UK PMI The GBP/USD pair's up-move to 1.4530 during Asian session got sold into and the pair subsequently dropped back below 1.4500 handle to 1.4445...
JPY: Reluctant to Intervene ahead of the G7 Meeting - BBH Research Team at BBH, suggests that given the criteria that the US Treasury outlined last week in its report on the international economy and the foreign exchange market, there is some speculation that the MOF could order intervention...
USD/CAD Deflates from Highs ahead of US Data The Canadian dollar is now advancing for the first time after two consecutive pullbacks vs. the greenback, taking USD/CAD to the 1.2830 area...
All about the Base: Headline CPI to Pick Up - Nomura Research Team at Nomura, notes that the commodity prices have continued to rally since their lows in February, with the WTI hovering around $45 a barrel...
AUD: Economic Data Surprised on the Upside - BBH Research Team at BBH, notes that the Australian dollar is the best performing major currency today, gaining about 0.4...
Four Macro Rates Views – Goldman Sachs Francesco Garzarelli, Research Analyst at Goldman Sachs, lists down his views in macro rates space. Key Quotes “1. In the US, there is scope for 2-year yields to continue to climb higher, extending a trend started in 2013...
EUR/USD: High in Place? – Westpac Richard Franulovich, Strategist at Westpac, believes the pair could have recently carved a top above the 1.1600 handle. Key Quotes “EUR/USD’s sharp reversal off a critical resistance zone hints that a high may be in place for now”...
Gold Turns Negative, Slips Below $1280 Gold has now turned lower, extending its weakness for fourth consecutive session, sliding further below $1280 level to currently trade near $1278, though off day's low of $1274.50...
US: Non-Farm Payrolls Preview - ING Rob Carnell, Chief International Economist at ING, suggests that the US April labour report is not expected to tell us anything new…but the disconnect between labour and activity is puzzling – something has to give, eventually...
