FxWirePro: GBP shrugs off BoC rate cut hopes, add GBP/CAD longs, caution on JPY
Jul 15, 2015 13:31 pm UTC| Insights & Views
GBP/JPY formed Doji pattern candle on weekly chart at market peaks which means an earlier trend reversal is boiling on.In additional to that there are hanging man pattern candles occurred at 192.110 and 190.600 levels...
Fed's repricing likely to expand €/$ swap rates spreads
Jul 15, 2015 12:44 pm UTC| Insights & Views
Although two-year yields in the US have come back from their lows last week, the pricing of near-term Fed hikes remain subdued. A full 25 bps rate hike is not priced until the January FOMC meeting next year and the...

Jul 15, 2015 12:39 pm UTC| Insights & Views
The formation of Gravestone doji and shooting star candlestick patterns at 1.4010 and 1.4109 levels on EOD charts confirms reversal of existing rallies.The long upper shadow of the Shooting Star implies that the market...
Jul 15, 2015 11:19 am UTC| Insights & Views
Feds rate hike expectation in September sneaks demand for volatility games. The current market pricing of the Fed tightening cycle is too depressed in our view. Thus, we see value in positioning for higher US rates but...

Any ramp up in Iran's oil exports unlikely before 2016
Jul 15, 2015 10:39 am UTC| Insights & Views
Oil prices initially fell on the news of nuclear deal with Iran on Tuesday, under which sanctions imposed by the United States, the European Union and the United Nations are to be lifted in exchange for curbs on Irans...
Jul 15, 2015 09:51 am UTC| Insights & Views
It seems like what Germany couldnt conquer in two world wars with relatively peaceful means, now using their banks instead of tanks. The merits of banks are quite clear, the buildings are left standing while the public...
Greek prime minister defends deal in strange way
Jul 15, 2015 08:27 am UTC| Insights & Views
Greek parliament is scheduled to vote on the deal presented by European creditors on Sunday. If the measures are adopted as agreed it might open up new negotiating opportunities for Greece as well as open up short term...