
Jul 29, 2016 12:51 pm UTC| Commentary
Energy pack is down in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI continuing its decline, now trading around $40 area. Active call WTI is likely to drop towards $35 area....

Currency snapshot (commodity pairs)
Jul 29, 2016 12:30 pm UTC| Commentary
Dollar index trading at 96.22 (-0.42%) Strength meter (today so far) Aussie +0.06%, Kiwi +0.37%, Loonie -0.19% Strength meter (since last week) Aussie +0.79%, Kiwi +1.60%, Loonie -0.42% AUD/USD Trading at...

Bank of Russia holds fire, set to lower borrowing cost later this year
Jul 29, 2016 12:26 pm UTC| Commentary
The central bank of Russia remained on hold at its monetary policy meeting that concluded on Fridaywhilepromising to lower the costof borrowing later this year. The board of policymakers at the Bank of Russia held the...

Currency snapshot (major pairs)
Jul 29, 2016 12:24 pm UTC| Commentary
Dollar index trading at 96.22 (-0.42%) Strength meter (today so far) Euro +0.28%, Franc +0.60%, Yen +1.43%, GBP +0.04% Strength meter (since last week) Euro +1.26%, Franc +1.30%, Yen +2.54%, GBP +0.48% EUR/USD...
FxWirePro Medium Term Outlook: Long aussie against kiwi targeting 1.24
Jul 29, 2016 11:48 am UTC| Commentary
The story for this pair is monetary policy divergence. Thoughwe are seeing astrong bounce back in some of the agricultural commodities, it would be fair to say that the Australian economy has weathered the commodity storm...
FxWirePro Long Term Outlook: Sterling likely to drop below parity against franc
Jul 29, 2016 11:24 am UTC| Commentary
The trouble with the pound sterling can hardly be called to be over. The referendum effect is still unfolding and there are still a lot left to be unfolded. The UKs first trouble will begin after it officially triggers the...
Eurozone consumer prices hit 8-month high in July, marginally higher than consensus
Jul 29, 2016 11:08 am UTC| Commentary
Consumer price inflation in the Euro zone during the month of July hit an eight-month high, staying marginally higher than the market consensus. However, this is good news for the 19-country bloc as inflationary pressures...