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Syrian Crisis Takes A Bite Out of FX, Bonds And Bourses 27 Aug 2013 | 04:24 pm
A weaker US durable goods orders yesterday coupled with investor concerns about possible US military action in Syria is enough to record some "diverse" effects on Asian Capital Markets in the overnigh...
European Shares Drop On Threats Of Military Strike On Syria 27 Aug 2013 | 04:20 pm
European shares tumbled for a second day on Tuesday trading amid threats there could be a military strike from the U.S. on Syria for using chemical weapons, ahead of U.S. consumer confidence data. 'Th...
Euro Fails To Gain On Solid German IFO Survey Amid Fears Of Political Crisis In Italy 27 Aug 2013 | 04:09 pm
The euro ignored a 16-month high in the IFO German Business Climate Survey, as rising political uncertainty in Italy following Berlusconi's tax fraud conviction weighed on the single currency on Tuesd...
Trade Idea Update: USD/CHF - Stand aside 27 Aug 2013 | 03:25 pm
Despite intra-day brief fall to 0.9183, lack of follow through selling on break of previous support at 0.9190 and current rebound suggest further consolidation would be seen, however, break of yesterd...
Trade Idea Update: GBP/USD - Sell at 1.5575 27 Aug 2013 | 03:20 pm
Cable's intra-day selloff below support at 1.5519 confirms the decline from 1.5718 has resumed and extend further weakness to 1.5470-75, however, near term oversold condition should prevent sharp fall...
Trade Idea Update: EUR/USD - Hold short entered at 1.3400 27 Aug 2013 | 03:14 pm
Euro's intra-day decline below previous support at 1.3334 has retained our bearishness and suggests the rebound from 1.3299 has ended at 1.3410 late last week, hence consolidation with downside bias r...
Trade Idea Update: USD/JPY - Stand aside 27 Aug 2013 | 03:10 pm
As the greenback has continued to move lower in part due to cross buying in yen, suggesting top has been formed at 99.15 and near term downside risk remains for further weakness to 97.50 and possibly ...
Daily FX Analysis 27 Aug 2013 | 03:05 pm
The latest US durable goods orders data was also sharply weaker than expected with a headline decline of 7.3% for July. Although the bulk of the decline was accounted for by a slide in aircraft orders...
USD Squeezes The FX Markets 27 Aug 2013 | 02:59 pm
Risk-off is what drives the markets today. The raising geopolitical convers in Syria, the claims on Syria's government that used chemical weapons against the civilians, and talks on US to attack Syria...
European Market Update 27 Aug 2013 | 02:58 pm
Risk aversion flows stemming from concerns over Syria aided the USD, JPY and CHF against the European pairs. Price action saw a rotation out of equities into the safe-haven of bonds. INR currency (Rup...
