FxWirePro: Buying GBP/USD binary puts may yield 35-40 pips; prefer ITM puts for hedging
Jul 01, 2015 08:37 am UTC| Insights & Views
As the constant volatility changes of the GBP/USD has been observed, even ITM puts look better means for hedging. However, in prevalent turbulent euro area situations implied volatility oscillates too heavily, during such...
Hedge XAU/USD using Spreads and Combinations
Jul 01, 2015 08:09 am UTC| Insights & Views
Chinese Indian gold imports were reduced during 1st quarter in 2015. But for now these high consuming gold nations such as China India are showing vested interest in yellow metal, however, gold prices fell see-sawed in...
Expect XAU/USD upswings on Falling Wedge
Jul 01, 2015 07:58 am UTC| Insights & Views
The turbulent bullion market seems to be quite controlled in European session.On the Comex division of the New York Mercantile Exchange, gold for August delivery was quoted at $1,174.20 a troy ounce.Bulls looking to...
Yen’s gains on cards after tankan survey; gap-down confirms
Jul 01, 2015 06:24 am UTC| Insights & Views
Japans upbeat Q2 Tankan survey of business sentiment evidenced positive 15 for the diffusion index which is beyond forecast at 12 for major manufacturers, up from previous flash at 12, while the index for major...
FxWirePro: Speculate USD/JPY using Binary contracts but spreads for hedging on gap-down pattern
Jul 01, 2015 06:17 am UTC| Insights & Views
Keeping both fundamental and technical aspects in mind, in the interest of speculators we see buying opportunities in binary calls at every dips for a target of 122.80 levels.Hedgers should focus on better bear spreads...
Jun 30, 2015 16:03 pm UTC| Insights & Views
Energy pack is continuing range today. Weekly performance at a glance in chart table. Oil (WTI) - WTI has taken support but still subdued compared to Brent. Todays range $59.1-57.9 Target for the downside is coming...
Commodities snapshot (precious & industrial)
Jun 30, 2015 15:42 pm UTC| Insights & Views
Metals are trading in red today. Performance this week at a glance in chart table - Gold - Gold has lost its safe haven touch dropped sharply today. Todays range $1180-1166. Gold is currently trading at $1169/troy...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects