FxWirePro: Options sentiment suggests further rise in USD/INR
Jan 16, 2019 14:34 pm UTC| Commentary
The Indian rupee has weakened steadily after reaching after reaching 69.3 area per USD, which was the highest level for the currency since August 2018. The rupee is currently trading at 71.1 per USD, and options sentiment...
Jan 16, 2019 13:18 pm UTC| Commentary Central Banks
The Central Bank of Turkeys Monetary Policy Committee decide to keep the one-week repo auction rate on hold at 24 percent today. The economic data released recently indicated that rebalancing trend in the economy has...
API reports surprise draw while market awaits EIA report
Jan 16, 2019 13:06 pm UTC| Commentary
Oil benchmarks are gradually moving higher as supplies are set to decline relatively rapid from OPEC beginning this year. However, growth concern in Europe and China are exerting downward pressure. WTI is currently trading...
U.K. headline inflation eases slightly in December on lower prices in transport
Jan 16, 2019 13:01 pm UTC| Commentary
The U.K. headline inflation eased a bit in the month of December, coming in line with market expectations. On a year-on-year basis, the consumer price inflation slowed to 2.1 percent from previous 2.3 percent. Lower prices...

FxWirePro Call Review: Maintain bearish outlook in Copper heading to 2020
Jan 16, 2019 12:48 pm UTC| Commentary
We have been a Copper bear for quite some time now. In February 2018, we called on our readers to go short on Copper at the then current rate of $3.177 per pound with a stop loss around $3.32 per pound and target of...
FxWirePro: Dollar index likely to decline further
Jan 16, 2019 11:53 am UTC| Commentary
After declining through the last four weeks, the U.S. dollar index is trying to make a comeback this week as the price has risen after reaching 95 area. The index is currently hovering just above 96 area, and our...
Jan 16, 2019 09:54 am UTC| Commentary Economy
The United Kingdoms gilts suffered during Wednesdays afternoon session, as uncertainties hover around Brexit, following the massive defeat that Prime Minister Theresa May faced yesterday at the British Parliament. However,...