Currency snapshot (major pairs)
Jul 03, 2015 14:17 pm UTC| Insights & Views
Dollar index trading at 96 (-0.08%). Strength meter (today so far) - Euro +0.13%, Franc +0.24%, Yen +0.34%, GBP -0.03% Strength meter (since last week) - Euro -0.51%, Franc -0.91%, Yen +0.98%, GBP -0.90% EUR/USD...
Commodities snapshot (precious & industrial)
Jul 03, 2015 13:44 pm UTC| Insights & Views
Metals are hardly moving today, with US closed for Independence Day. Performance this week at a glance in chart table - Gold - Gold is treading water at low levels with US closed. No major safe haven bids over gold...
While pound remains offered, Yen is well bid
Jul 03, 2015 13:22 pm UTC| Insights & Views
Pound is well offered against the dollar heading into weekend such that better than expected services PMI failed to provide the necessary boost. On the other hand, Yen remains fairly well bid against dollar heading into...
FxWirePro: GBP looks stronger against INR; add longs on July GBPINR futures
Jul 03, 2015 12:53 pm UTC| Insights & Views
Sterling rebounded well back again from two-week lows against the dollar yesterday, after a softer-than-expected U.S. jobs report weighed on the greenback while a robust survey on UK construction sector underpinned the...
‘No as verdict’ not necessarily mean Grexit
Jul 03, 2015 12:34 pm UTC| Insights & Views
It is important to clear up one thing heading into referendum over the weekend that a NO vote doesnt necessarily mean a Greek exit from Euro zone. Many economists, analysts as well as European leaders have pointed out...
FxWirePro: EUR/GBP iron butterfly keeps tight hedge as Greece referendum weighs on euro
Jul 03, 2015 12:30 pm UTC| Insights & Views
The Greek referendum scheduled forSundayleaves the near-term outlook for risky and EM assets uncertain.The developments in Greece have induced some volatility into EM assets over the past week, particularly in the CEE...
FxWIrePro: Don’t go by polls on Greek referendum to take trades
Jul 03, 2015 12:18 pm UTC| Insights & Views
It would be foolish to rely on any poll and take bets over such heading into crucial weekend. Greeks are going to vote on Sunday, whether or not to accept the proposal by lenders presented last week. Different polls are...
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