
Safe haven market shines amid Greek crisis
Jul 07, 2015 13:48 pm UTC| Insights & Views
Safe haven market shines as Greek crisis has taken an unexpected and dangerous turn over the weekend. Greek people rejected the bailout that was on offer from European creditors. Negotiation is now in final lap, where a...
FxWirePro: Trade Long Guts of AUD/NZD, hopes on AUD recovery due to RBA’s policy
Jul 07, 2015 13:01 pm UTC| Insights & Views
Since RBAs kept cash rate unchanged, if not any dramatic fluctuations in Aussie dollars, stable recovery can be taken into control by deploying the below strategy.Option basket: Long Guts (AUD/NZD)In the figure, there is...
Jul 07, 2015 12:24 pm UTC| Insights & Views
For now, EOD technicals show some sigh of reliefs for trade laggards who were stubborn holding bullish view in this commodity as they must have trimmed leftover money investing in this commodity.Dear readers, unless until...
Keeping Greece in Euro zone may be bad but pushing Greece out is worse
Jul 07, 2015 12:22 pm UTC| Insights & Views
European leaders have taken a hard line against Greece and openly talking about a Greek exit from single currency project. It is true that there is no point paying Greek bills forever for other Euro zone countries. There...
Crude accounts massively as resultant force of Greece defaults; downtrend to halt in range
Jul 07, 2015 11:44 am UTC| Insights & Views
Target achieved at below US$55 a barrel!! Aftermaths of long lasting Greece turmoil, lingering dollar strength and the dramas of crude inventory levels in Western Texas Intermediate oil mines have managed to trigger the...

FXwirePro: USD/CAD trade idea – target 1.38
Jul 07, 2015 11:44 am UTC| Insights & Views
US dollar is likely to strengthen further against Canadian dollar. Economic fundamentals are strengthening in US, whereas Canadas economic activity weakened further. Monetary policy remains divergent. Bank of Canada...
Tsipras needs to be humble now
Jul 07, 2015 11:06 am UTC| Insights & Views
Greek people has voted down lenders proposal and given the opportunity to Prime Minister Alexis Tsipras to hold his head high as he is headed to European leaders summit today, which is scheduled to begin at 16:00...