‘No as verdict’ not necessarily mean Grexit
Jul 03, 2015 12:34 pm UTC| Insights & Views
It is important to clear up one thing heading into referendum over the weekend that a NO vote doesnt necessarily mean a Greek exit from Euro zone. Many economists, analysts as well as European leaders have pointed out...
FxWirePro: EUR/GBP iron butterfly keeps tight hedge as Greece referendum weighs on euro
Jul 03, 2015 12:30 pm UTC| Insights & Views
The Greek referendum scheduled forSundayleaves the near-term outlook for risky and EM assets uncertain.The developments in Greece have induced some volatility into EM assets over the past week, particularly in the CEE...
FxWIrePro: Don’t go by polls on Greek referendum to take trades
Jul 03, 2015 12:18 pm UTC| Insights & Views
It would be foolish to rely on any poll and take bets over such heading into crucial weekend. Greeks are going to vote on Sunday, whether or not to accept the proposal by lenders presented last week. Different polls are...
FxWirePro: GBP/USD trend-line breakout on downside; Hedge with 2:1 PBRS
Jul 03, 2015 10:57 am UTC| Insights & Views
Currency Derivatives Insights: (GBPUSD)Since a sharp sell call is traced out by slow stochastic (14,3,1) as %D line crossover exactly above 80 levels on weekly charts, this bearish view is also supported with 14 day...
FxWirePro: Bearish candles on GBP/USD; Buy GBP/USD binary puts for 15-20 pips
Jul 03, 2015 10:55 am UTC| Insights & Views
GBP/USD hit lows at 1.5603 during European morning trade, the pair subsequently managed to recover back at 1.5644 with insignificant volumes.Doji and spinning top pattern candles occurred at 1.5743 and 1.5606 levels...
Aussie on verge of a big break out
Jul 03, 2015 10:42 am UTC| Insights & Views
Aussie seems ready to join commodity currency rout, which has rattled its neighbor New Zealand Dollar this year already. Aussie is down more than 1.25% against dollar today so far and further drop seems likely over the...
Kiwi’s record weekly losing stretch makes RBNZ top forecaster
Jul 03, 2015 10:25 am UTC| Insights & Views
New Zealand Dollar, on its way to continue longest weekly decline on record, which now stretched for 11th straight week. This week it is down almost 2.5% against dollar. This has made Kiwi, the worst performing currency...
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
Why Germany ditched nuclear before coal – and why it won’t go back
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