Currency snapshot (commodity pairs)
Jul 31, 2015 16:13 pm UTC| Insights & Views
Dollar index trading at 96.80 (-0.70%) Strength meter (today so far) - Aussie +0.55%, Kiwi +0.36%, Loonie -0.25%. Strength meter (since last week) - Aussie +0.76%, Kiwi +0.81%, Loonie +0.04%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jul 31, 2015 15:44 pm UTC| Insights & Views
Dollar index trading at 96.86 (-0.64%). Strength meter (today so far) - Euro +0.97%, Franc +0.70%, Yen +0.15%, GBP +0.20% Strength meter (since last week) - Euro +0.58%, Franc -0.02%, Yen -0.12%, GBP +0.83% EUR/USD...
Jul 31, 2015 15:27 pm UTC| Insights & Views
Energy pack is in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI bulls were halted at key resistance of $50 around yesterday, and fell further today. Todays range $48.6-47.3 WTI jump back...
Jul 31, 2015 14:51 pm UTC| Insights & Views
Greek Prime Minister Alexis Tsipras seems to be managing well his divided party, which was revealed over last two voting of bailout conditions, in which 39 members of his party either abstained or voted against his...
New favorite phrase from FED explains today’s move
Jul 31, 2015 14:35 pm UTC| Insights & Views
Market participants have a new favorite phrase from FOMC last Wednesday. FOMC in its latest statement mentioned that the participants are waiting for "some further improvement" in the labor market. Market participants...
Chinese trade surplus too reliant on US – Part 2
Jul 31, 2015 14:17 pm UTC| Insights & Views
In previous thread, Chinese trade surplus too reliant on US - Part 1 available at http://www.econotimes.com/Chinese-trade-surplus-too-reliant-on-US--Part-1-70096 we have shown how Chinas annual trade balance (goods) roared...
Workers’ pay reveals fragility of dollar bulls
Jul 31, 2015 13:09 pm UTC| Insights & Views
Todays employment cost index, which has historically been a low key data, just added heavy volatility in the market and revealed how fragile dollar bulls have become. Dollar bulls are clearly not having their best times...
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