Jun 17, 2015 15:19 pm UTC| Insights & Views
Equities are trading in consolidation as FED looms ahead. Performance this week at a glance in chart table - SP 500 - SP is treading above 2100 mark. Todays range 2105-2095. FED is likely to add volatility in the...
Currency snapshot (major pairs)
Jun 17, 2015 14:56 pm UTC| Insights & Views
Dollar index trading at 94.92 (-0.03%). Strength meter (today so far) - Euro +0.01%, Franc +0.33%, Yen -0.58%, GBP +0.48% Strength meter (since last week) - Euro -0.15%, Franc -0.10%, Yen -0.68%, GBP +1.03% EUR/USD...
Market awaits FED’ verdict – could be dovish surprise
Jun 17, 2015 14:03 pm UTC| Insights & Views
Federal open market committee to hold monetary policy meeting today. Decision is to be announced at 18:00 GMT, followed by press conference at 18:30 GMT. According to latest FED communication, June may not be the month...
High leverage effects on USD/CAD vega spreads; long ITM calls and short OTM calls
Jun 17, 2015 13:21 pm UTC| Insights & Views
Canadian wholesale data prints hinting on healthy business climate and we thereby recommend ratio spread as the pair is likely to remain either sideways or slightly bullish in our view.Buying call spread in addition to...
Bank of Greece calls for faster resolution to the crisis
Jun 17, 2015 12:59 pm UTC| Insights & Views
Today Bank of Greece published report on monetary policy in which it has raised its voice calling for a viable agreement with Euro zone creditors. According to bank of Greeces statement, without an agreement Greece will...
Haven flows keep franc well bid against Euro
Jun 17, 2015 12:38 pm UTC| Insights & Views
It is like coming back to 2011/12 when Swiss economy was experiencing massive inflows out of Euro zone into its banks and bonds. However that situation subsided as Swiss national bank deployed 1.20 floor against Euro and...
FxWirePro: Buy DOW, NASDAQ binary calls amid Fed, M&A deals and Grexit
Jun 17, 2015 12:33 pm UTC| Insights & Views
The Dow Jones industrial average hiked by 113.31 points (i.e. 0.64%) at 17,904.48.While Nasdaq added 25.58 points (i.e. 0.51%) at 5,055.55 and the SP 500 gained 11.86 points (i.e. 0.57%) at 2,096.29. While you may be...
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