Guide to today’s important data and events
Jul 08, 2015 08:34 am UTC| Insights & Views
Not many economic dockets scheduled for today. Focus is on FOMC minutes from FED. Data released so far: Japan - Eco watchers survey shows current situation condition dropped to 51 from 53.3 prior and outlook...
FxWirePro: Technical glimpse on GBP/USD; long binary puts on rallies for 30-35 pips
Jul 08, 2015 08:33 am UTC| Insights & Views
On EOD charts a candle with long bearish real body at 1.5456 levels occurred to breach channel support. We reckon the short and medium trends are tight controls of tug of war between bulls and bears. This has created a...
Is Grexit almost confirmed? Keen eyes on Sunday's last call
Jul 08, 2015 08:29 am UTC| Insights & Views
The Euro summit presented two clear deadlines to Greece after an unconvincing Euro group meeting,Fridaymorning for a detailed proposal, and more importantlySunday, to decide whether Greece will leavethe euro area. EU...
FxWirePro: EUR/GBP on downtrend, prefer call ladder construction
Jul 08, 2015 07:30 am UTC| Insights & Views
The pair is testing a crucial support at 0.7096, any breach below this level would mean that weaker trend is intact. So long term bears are under complete control but as of now this currency cross likely to take support at...
Jul 08, 2015 06:49 am UTC| Insights & Views
Weve been observing pretty closely lots of bearish sentiments making noise in this pair, we traced shooting star occurred at 123.898, back again at 123.058, gravestone doji at 123.413 and a spinning top on yesterday at...
FxWirePro: Engulfing bear on GBP/JPY; add BPS on hedging front
Jul 08, 2015 06:03 am UTC| Insights & Views
Technical glance:On daily chart of this pair shows bearish engulfing bearish like candlestick pattern occurred which means an earlier trend reversal is continue to hold.But before jumping into the guns please note that...
Currency snapshot (major pairs)
Jul 07, 2015 16:32 pm UTC| Insights & Views
Dollar index trading at 96.90 (+0.66%). Strength meter (today so far) - Euro -0.75%, Franc -0.56%, Yen +0.45%, GBP -1% Strength meter (since last week) - Euro -1.31%, Franc -0.89%, Yen +0.57%, GBP -0.83% EUR/USD...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight