Greek swings anger Germans at home
Jul 01, 2015 10:08 am UTC| Insights & Views
Market participants are not the only one, getting frustrated over Greek swings. While market remains trapped under DEAL ON/ DEAL OFF, anger and frustration among German public clearly rising. Most Germans are not able...
Greek government swings again, might accept bailout
Jul 01, 2015 09:37 am UTC| Insights & Views
Greek swing comments, making it very difficult for traders to take positions, as heavy swings on both sides are hitting the stop losses. According to latest update - Greek Prime Minister Alexis Tsipras will accept all...
Guide to today’s important data and events
Jul 01, 2015 08:49 am UTC| Insights & Views
Lot of economic dockets to be released today, however the risks associated with the releases are moderate. Data released so far - China - Manufacturing PMI came at 50.2, whereas non-manufacturing PMI came at 53.2. HSBC...
FxWirePro: Buying GBP/USD binary puts may yield 35-40 pips; prefer ITM puts for hedging
Jul 01, 2015 08:37 am UTC| Insights & Views
As the constant volatility changes of the GBP/USD has been observed, even ITM puts look better means for hedging. However, in prevalent turbulent euro area situations implied volatility oscillates too heavily, during such...
Hedge XAU/USD using Spreads and Combinations
Jul 01, 2015 08:09 am UTC| Insights & Views
Chinese Indian gold imports were reduced during 1st quarter in 2015. But for now these high consuming gold nations such as China India are showing vested interest in yellow metal, however, gold prices fell see-sawed in...
Expect XAU/USD upswings on Falling Wedge
Jul 01, 2015 07:58 am UTC| Insights & Views
The turbulent bullion market seems to be quite controlled in European session.On the Comex division of the New York Mercantile Exchange, gold for August delivery was quoted at $1,174.20 a troy ounce.Bulls looking to...
Yen’s gains on cards after tankan survey; gap-down confirms
Jul 01, 2015 06:24 am UTC| Insights & Views
Japans upbeat Q2 Tankan survey of business sentiment evidenced positive 15 for the diffusion index which is beyond forecast at 12 for major manufacturers, up from previous flash at 12, while the index for major...