FxWirePro: EUR/USD shorts straddle place tight hedge in range-bound zone
Jun 24, 2015 06:44 am UTC| Insights & Views
On medium term perspectives Euro trading against dollar would see a range-bounded trajectory of 1.0521-1.2107 amid Greece negotiations boiling around the corner.Medium term trend has been downtrend with relative strength...
PBOC actions boost consumers’ confidence, recovery remains far
Jun 24, 2015 06:25 am UTC| Insights & Views
Actions from Peoples bank of China (PBOC) and rising stock market has helped Chinese consumers to regain some of their confidence, however recovery remains far off if pre-crisis (2008/09) or peak (2013) is...
FxWirePro: Stiff hedging USD/JPY through credit spreads as Yen holds firm
Jun 24, 2015 06:10 am UTC| Insights & Views
The yen held firm after the release of central bank minutes from the May summit that renowned questions by one member on the eventual impact of aggressive easing.As a result Yen against dollar looking firm, tepid rallies...
Guide to today’s important data and events
Jun 24, 2015 05:06 am UTC| Insights & Views
Lot of economic dockets scheduled for today. Focus is on GDP data from US. Data released so far - China - CB leading economic index stayed at 1.1 in May. Upcoming - France - First quarter GDP to be released at...
Commodities snapshot (precious & industrial)
Jun 22, 2015 17:14 pm UTC| Insights & Views
Metals pack is down today as dollar bounced back somewhat. Performance this week at a glance in chart table - Gold - Gold dropped sharply from $1200 area. Todays range $1201-1182. Optimism over Greek deal moved...
Currency snapshot (commodity pairs)
Jun 22, 2015 16:31 pm UTC| Insights & Views
Dollar index trading at 94.17 (+0.09%) Strength meter (today so far) - Aussie -0.57%, Kiwi -0.65%, Loonie -0.53%. Strength meter (since last week) - Aussie -0.57%, Kiwi -0.65%, Loonie -0.53%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jun 22, 2015 16:19 pm UTC| Insights & Views
Dollar index trading at 94.07 (-0.02%). Strength meter (today so far) - Euro +0.22%, Franc -0.26%, Yen -0.55%, GBP -0.32% Strength meter (since last week) - Euro +0.22%, Franc -0.26%, Yen -0.55%, GBP -0.32% EUR/USD...
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