Jun 02, 2015 15:00 pm UTC| Insights & Views
Energy pack is trading in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI has broken above $61, failed to hold on to gains. Todays range $61.2-60.1 WTI still remains vulnerable but might...
Commodities snapshot (precious & industrial)
Jun 02, 2015 14:39 pm UTC| Insights & Views
Metals performance is lacklustre despite weaker dollar. Performance this week at a glance in chart table - Gold - Gold is up today, but dropped sharply below $1200 mark yesterday. Likely to consolidate ahead of NFP...
Currency snapshot (commodity pairs)
Jun 02, 2015 14:26 pm UTC| Insights & Views
Dollar index trading at 96.02 (-1.45%). Strength meter (today so far) - Aussie +1.74%, Kiwi +0.84%, Loonie +0.6%. Strength meter (since last week) - Aussie +1.43%, Kiwi +0.82%, Loonie -0.05%. AUD/USD - Trading at...
Currency snapshot (major pairs)
Jun 02, 2015 14:11 pm UTC| Insights & Views
Dollar index trading at 96.22 (-1.23%). Strength meter (today so far) - Euro +1.9%, Franc +1.26%, Yen +0.6%%, GBP +0.77% Strength meter (since last week) - Euro +1.27%, Franc +0.76%, Yen -0.03%%, GBP +0.14% EUR/USD...
USD/CAD halting near trend line; add iron butterfly for hedge
Jun 02, 2015 13:13 pm UTC| Insights & Views
On daily charts USDCAD is taking support near short term trend line at 1.2524 levels.If it breaches this level then we suspect to slip a steep below 1.2425 level 1st and then bottoming down upto 1.2380 levels.Currently,...
How to trade Euro if Greece gets a deal done?
Jun 02, 2015 13:09 pm UTC| Insights & Views
Possibility of a Greek deal is high as Greek enters final stage of coffer crunch as it faces large IMF payment of 1.9 billion, followed by 6.7 billion to European Central Bank. President Hollande and Chancellor Merkels...
Greek economy stands far from recovery
Jun 02, 2015 12:38 pm UTC| Insights & Views
While Greek government and Euro zone officials hold talks on Greek bailout program, hard data points that Greece still stands far from recovery. Latest PMI repost from Markit economics indicated that business conditions...
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