Asian currency majors tepid movs eagainst Euro on deferred debt payment by Greece
Jun 05, 2015 12:19 pm UTC| Insights & Views
The gains of Asian major currency baskets such as Yen INR are lingering on Greeces delay of an IMF debt payment and U.S. jobs data on Friday with investors focused mindset.On Friday as Prime Minister Alexis Tsipras, facing...
Currency snapshot (major pairs)
Jun 05, 2015 12:16 pm UTC| Insights & Views
Dollar index trading at 95.65 (+0.08%). Strength meter (today so far) - Euro +0.16%, Franc +0.25%, Yen -0.29%, GBP -0.15% Strength meter (since last week) - Euro +2.09%, Franc +0.80%, Yen -0.52%, GBP +0.29% EUR/USD...
Currency snapshot (commodity pairs)
Jun 05, 2015 12:02 pm UTC| Insights & Views
Dollar index trading at 95.66 (+0.09%) Strength meter (today so far) - Aussie +0.36%, Kiwi +0.13%, Loonie -0.04%. Strength meter (since last week) - Aussie +1.01%, Kiwi +0.46%, Loonie -0.45%. AUD/USD - Trading at...
Iran’s oil minister assures return to markets at OPEC summit
Jun 05, 2015 11:46 am UTC| Insights & Views
While traders have one question in mind that how much Iran can produce and export, if sanctions are removed in a final deal, OPEC is facing key challenge, how to accommodate Iranian exports if 30 million barrels/day...
US jobless claims to frame up fed rate hike decision
Jun 05, 2015 11:22 am UTC| Insights & Views
Fed Rate hike decision: The latest commentary from Fed officials have suggested that a June interest rate hike is now unlikely but a move in September remains on the cards providing the data shows economic growth...
Lira to embrace volatility as country goes to polls on Sunday
Jun 05, 2015 11:07 am UTC| Insights & Views
Turkey is going to polls this Sunday, which makes Turkish Lira, open for heavy volatility post weekend. As of latest poll, ruling AKP party, headed by President Erdogan is set to win Sundays election, however even if that...
Long Binary Vega 0.6 ATM calls EUR/USD until Jobless data on focus
Jun 05, 2015 11:03 am UTC| Insights & Views
Euro pushed higher against US dollar climbing above 1.13 levels as souring German bond yields provided support. Global bond yields broadly for third straight sessions.Draghi stated investor should get used to higher...
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