
Currency snapshot (major pairs)
Jul 17, 2015 17:11 pm UTC| Insights & Views
Dollar index trading at 97.85 (+0.20%). Strength meter (today so far) - Euro -0.32%, Franc -0.34%, Yen +0.10%, GBP +0.12% Strength meter (since last week) - Euro -2.74%, Franc -2.34%, Yen -1.00%, GBP +0.73% EUR/USD...

Commodities snapshot (precious & industrial)
Jul 17, 2015 16:45 pm UTC| Insights & Views
Metals are heavily down today. Performance this week at a glance in chart table - Gold - Gold dropped to new yearly low as dollar gained ground. Todays range - $1146-$1131 Gold is likely to drop towards $1100. Gold...
Jul 17, 2015 15:04 pm UTC| Insights & Views
Greek parliament has approved the initial measures required to begin negotiation on 86 billion third bailout package and today German parliament has approved for the government to begin negotiation. Other European...
IMF takes hard stance on Euro-Greco negotiation
Jul 17, 2015 14:25 pm UTC| Insights & Views
International Monetary Fund (IMF) will not be part of bailout plan, unless the full plan is laid out. As of now Greece has taken measures approved by the parliament, which will make it eligible for a third bailout...

QE plus more likely from ECB than taper
Jul 17, 2015 13:48 pm UTC| Insights & Views
June report shows that in spite of rise in inflation expectations, actual headline annual inflation remained weak at 0.2%, with countries like Greece, Slovenia, Cyprus, and Lithuania in deflationary territory. European...

FxWirePro: Vega suggests long USD/CAD iron butterfly for complacent bulls
Jul 17, 2015 13:11 pm UTC| Insights & Views
We can still extract returns from this pair even though exhausted bulls who think long lasting non-stop streak of bull run to take halt at this point. Yes, thats quite achievable from iron butterfly strategy.To execute...

Loonie going in dangerous zone as CAD remains indirectly proportional to crude
Jul 17, 2015 13:08 pm UTC| Insights & Views
The Fedis leaning towards rate hike mode, while the [Bank of Canada]is in a rate cut mode. The BoC is cutting its key interest rate for the second time this year, citing a larger-than-expected first half contraction and a...