
FxWirePro call review: 2800 pips EUR/NZD bearish call
Jul 27, 2017 10:21 am UTC| Commentary
In July 2016, in the article named, FxWirePro long term outlook: Euro likely to decline 2800 pips to 1.28 against Kiwi, available at http://www.econotimes.com/, we recommended going short on the euro against the New...
UK gilts surge on safe-haven demand in muted trading amid Brexit uncertainties
Jul 27, 2017 10:06 am UTC| Commentary Economy
The UK gilts surged Thursday as investors poured into safe-haven assets in muted trading activity amid uncertainties and worries over the ongoing Brexit negotiations. The yield on the benchmark 10-year gilts, slumped...
ECB’s Nowotny unveils probable tapering path
Jul 27, 2017 09:51 am UTC| Commentary Central Banks
Austrian central bank governor, a prominent member of the European Central Banks (ECB) governing council, Ewald Nowotny signaled how the central bank might approach a reversal in its easy monetary policy under which the...
Eurozone periphery bonds rally ahead of benchmark German CPI
Jul 27, 2017 09:10 am UTC| Commentary Economy
The Eurozone periphery bonds rallied Thursday in a muted trading session that witnessed data of little economic significance. Also, the German consumer price inflation index, scheduled for release on July 28 is keenly...

FxWirePro: Sell euro against Aussie for 1000 pips reward
Jul 27, 2017 08:14 am UTC| Commentary
Since April, the single currency has risen by almost 10.6 percent riding on diminishing political risk-premium on the victory of Emmanuel Macron in the French election and a change in easing stance by the European Central...
Greenback pressurized deeper by Fed’s inability to convince markets, says Commerzbank
Jul 27, 2017 08:02 am UTC| Commentary Economy
The FOMC statement seems to have been the trigger rather than the cause of this new leg of USD weakness. The dollar is struggling and the only reason EUR/USD had for not been trading in the mid-1.17ies earlier was that...

FxWirePro: Euro reaches target at 130 against yen; target extended to 142
Jul 27, 2017 07:37 am UTC| Commentary
Back in July last year, in an article named, FxWirePro: Yen may retrace to 130 per euro, available at http://www.econotimes.com/FxWirePro-Yen-may-retrace-to-130-per-euro-235397, we suggested that yen may retrace to as low...