Rouble likely to remain strong in spite of 100 basis points cut
Jun 15, 2015 12:45 pm UTC| Insights & Views
Russian Central bank has moved against expectation to provide relief to ailing economy. As FIFA scandal hit Russian market pushing Rouble close to 55 against dollar from below 50 within two weeks. Todays move by the...
Two main issues that intensifying Greece turmoil
Jun 15, 2015 12:34 pm UTC| Insights & Views
European markets seem to be under stress due to the talks between Greece and its creditors which collapsed this weekend.As a result the panic in Euro zone is that Greece could default on its debt obligation if no agreement...
FxWirePro: Hedge GBP/USD with 2:1 PBRS, most likely to breach trend line support
Jun 15, 2015 12:04 pm UTC| Insights & Views
As a sharp sell call by slow stochastic as %D line cross over exactly above 80 levels, this bearish view is also supported with 14 day RSI.Currency Derivatives Insights: (GBPUSD)With a hedging perspective of GBP FX...
FXWirePro: 300+ pips slump likely if GBP/USD breaches trend line support
Jun 15, 2015 11:35 am UTC| Insights & Views
Yes indeed, as stated earlier as well if you wish to plot the daily chart, technical analysts may be surprised with a "Head Shoulder" candlestick pattern.The pair in recent weeks had broken the channel line range about...
Intraday trading perspectives: GBP/USD
Jun 15, 2015 11:13 am UTC| Insights & Views
We believe, the intraday as well as short term trading perspectives of GBP/USD: The bias remains bearish.The pair hanging on trend line supportPivot:1.5490 on closing basis.For now in our opinion most likely scenario would...
Shinzo Abe’s approval ratings join Yen on the slide
Jun 15, 2015 10:45 am UTC| Insights & Views
In 2015, Japans popular Prime Minister Shinzo Abe is not looking so popular anymore. Latest record shows, poll ratings are at their lowest since taking up his second spell in office in 2012. Weekend poll showed Mr. Abes...
WPI deflation unlikely to provoke RBI to jump the gun
Jun 15, 2015 10:42 am UTC| Insights & Views
Just a few weeks back Reserve Bank of Indias governor Raghu Ram Rajan has cut rates for third time this year, however continued deflation as measured by Indias wholesale price index (WPI) unlikely to make him jump the gun...
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