Guide to today’s important data and events
Jun 25, 2015 08:36 am UTC| Insights & Views
Not many economic dockets scheduled for today, however risk associated are high. Data released so far - Germany - GFK consumer confidence came at 10.1, lower than prior 10.2 Upcoming - Euro zone - Euro group...
FxWirePro: EUR/USD gamma straddles worth buying on verge of lingering Greece turmoil
Jun 25, 2015 08:27 am UTC| Insights & Views
As stated in our recent posts also we reiterate on medium term perspectives, Euro trading against dollar would see a high volatility amid Greece negotiations boiling around the corner.EUR/USD needs a break above 1.1468 to...
FxWirePro: Variable ratio write for AUD/USD outright holders
Jun 25, 2015 07:41 am UTC| Insights & Views
Currency Option Insights: AUD/USDLets suppose US importer having FX payable exposure in AUD and he has those many Aussie dollars.Further he is anticipating to Aussie dollar to depreciate in future then hes advised to write...
Inverted hammer on AUD/USD; Aussie dollar still a sell against USD
Jun 25, 2015 07:34 am UTC| Insights & Views
We expect personal spending in US to have finally rebounded in May (+0.8% MoM) on the back of higher auto sales and a solid increase in retail sales. This would mark the largest sequential gain in spending since March...
FxWirePro: hedge EUR/JPY downside risks through diagonal bear spreads
Jun 25, 2015 06:07 am UTC| Insights & Views
Currency Option Insights: EUR/JPY1.6 billion debt defaults mounting Grexit pressure and we continue to recommend below strategy on hedging grounds, the pair is likely to sense little bearish downside risks, so in order to...
€1.6 billion debt default spurs Grexit pressure
Jun 25, 2015 06:03 am UTC| Insights & Views
No agreement has been made in the Euro group meeting as the creditors rejected the Greek governments proposal.The Euro group convenes today at1PM CETin the hope of an agreement.However, the discussions might well...
FxWirePro: Dollar gains likely in intraday swings; buy EUR/USD binary puts
Jun 25, 2015 05:28 am UTC| Insights & Views
We believe uncertainty over euro zone should boost up dollar.Intraday trend would be bearish bias today; however we see intraday resistance at 1.1218.Any breach above this resistance level may gain strength, else fresh...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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