Commodities snapshot (precious & industrial)
Jun 18, 2015 14:00 pm UTC| Insights & Views
Precious pack is up post dovish FOMC, industrial lagging. Performance this week at a glance in chart table - Gold - Gold is trading back above $1200, however conviction is clearly lagging. Weaker dollar might prompt...
Euro remains trapped into positive negative commentaries on Greece
Jun 18, 2015 13:29 pm UTC| Insights & Views
While weaker dollar is providing the necessary support to Euro, clear conviction is lacking and Euro remains trapped under Greek pile. Positive and negative commentaries on Greece are taking their toll on Euro. Earlier...
FxWirePro: GBP/AUD uptrend remains intact; add delta diagonal call ratio back spreads
Jun 18, 2015 13:23 pm UTC| Insights & Views
Technical Currency Option Insights:GBP/AUD touched psychological highs of 2.0548, the highest since 2009 and was last at 2.0105 little changed from earlier.The pair has been moving the channel line range of 1.7316-...
UK retailers pumping up as GBP/AUD take-off crazy
Jun 18, 2015 13:20 pm UTC| Insights & Views
The GBPAUD touched fresh 6 years highs and 7 months high against the broadly weaker dollar on today when data showed that U.K. retail sales rose last month, after the latest Federal Reserve tempered potentials for higher...
After FOMC fed fund future says hike in 2016
Jun 18, 2015 12:49 pm UTC| Insights & Views
FOMC policy statement, participants projection and dovish statement from FED chair Janet Yellen, successfully pushed back hike expectation, further into the future. More participants and economists are now foreseeing...
Jun 18, 2015 12:01 pm UTC| Insights & Views
Todays release of Consumer price index (CPI) numbers will be most watched by traders and investors. CPI is scheduled to be released at 12:30 GMT. Why important? FEDs dual mandate is price stability and maximum...
USD/JPY rebounds on cards despite short downward as Fed views weigh
Jun 18, 2015 11:30 am UTC| Insights & Views
The latest Federal Reserve policy meeting ended Wednesday and tips-off with more decisive evidence is needed before it starts raising interest rates.The benchmark interest rate in the US was left unchanged at 0.25% on June...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects