
FxWirePro: Buy euro against dollar targeting 1.226 in short term
Sep 19, 2017 11:10 am UTC| Commentary
The euro is slowly grinding higher after declining to 1.183 area and is currently trading at 1.199 against the dollar. Despite the looming FOMC monetary policy tomorrow, we expect the correction for the euro to be over and...
U.S. Treasuries gain ahead of President Trump’s speech, FOMC policy meeting
Sep 19, 2017 10:54 am UTC| Commentary Economy
The U.S. Treasuries remained tad higher Tuesday as investors wait to watch the countrys President Donald Trump deliver a speech today by 14:30GMT, besides, the Federal Open Market Committee (FOMC) policy decision,...

FxWirePro Commodities Watch (Energy)
Sep 19, 2017 10:32 am UTC| Commentary
Understanding commodities are vital to gauge the performance of other asset classes such as bonds, equities, and even currencies. Since, 2014, any regular follower of financial markets would be able to recall how...

FxWirePro Commodities Watch (Metals)
Sep 19, 2017 10:31 am UTC| Commentary
Metals form an important part of global commodities. Precious metals serve beyond their traditional usage and as a store of value or as a hedge against inflation. Industrial metals like Zinc are important gauges to...

FxWirePro: Buy euro against franc targeting 1.18
Sep 19, 2017 10:11 am UTC| Commentary
The market has pushed the euro to a new high against the franc since the Swiss Nation Bank (SNB) removed its currency peg with the euro at 1.2. The euro is currently trading at 1.155 as it cleared the previous high made...

FxWirePro Commodities Watch (Meats)
Sep 19, 2017 09:57 am UTC| Commentary
There has been a change in tide in the commodities market, which we feel is of utmost importance to keep a tab on. Historically speaking, a rise in commodity prices has triggered a vicious chain reaction. First, the...

FxWirePro: Commodities Watch (Softs)
Sep 19, 2017 09:45 am UTC| Commentary
We, at FxWirePro, have been sensing a change in the commodities market for quite some time now. After months and years of battering by traders and investors, since last year, they are once again becoming the darlings. Many...