Currency snapshot (commodity pairs)
Jun 24, 2015 17:36 pm UTC| Insights & Views
Dollar index trading at 95.38 (-0.03%) Strength meter (today so far) - Aussie -0.50%, Kiwi +0.36%, Loonie -0.53%. Strength meter (since last week) - Aussie -0.86%, Kiwi -0.35%, Loonie -1.05%. AUD/USD - Trading at...
Commodities snapshot (precious & industrial)
Jun 24, 2015 17:21 pm UTC| Insights & Views
Metals pack is down today as dollar bounced back somewhat. Performance this week at a glance in chart table - Gold - Gold dropped sharply from $1200 area. Todays range $1180-1169. Gold is failing to push on risk...
Currency snapshot (major pairs)
Jun 24, 2015 17:05 pm UTC| Insights & Views
Dollar index trading at 95.43 (+0.03%). Strength meter (today so far) - Euro +0.07%, Franc -0.31%, Yen -0.17%, GBP -0.39% Strength meter (since last week) - Euro -1.45%, Franc -2.04%, Yen -1.17%, GBP -1.22% EUR/USD...
Why US crude inventory drop fails to ignite crude rally?
Jun 24, 2015 16:02 pm UTC| Insights & Views
EIA released its weekly report on petroleum which failed once again break crude oil range. Crude inventory dropped by 4.9 million barrels to 463 million barrels. This is eighth straight drop in inventory according to...
Pound falls but BOE interest rate expectations rise
Jun 24, 2015 15:20 pm UTC| Insights & Views
Pound has dropped today against dollar, after failing to push above 1.58. Currently trading at 1.572 against dollar, down from its recent high around 1.595. Even if pound fails to push higher against dollar, market...
FxWirePro: USD/CAD iron condor execution on non-directional trend
Jun 24, 2015 13:20 pm UTC| Insights & Views
With no Canadian economic data to drive moves this week, CAD is beholden to external forces, such as oil.Yesterdays rally in oil has helped underpin CAD, putting more distance between USD/CAD and its 100dma (at 1.2398...
FxWirePro: Dollar gains on cards as SBF reports sluggish survey; trade with binary calls
Jun 24, 2015 12:06 pm UTC| Insights & Views
The Singapore Business Federation (SBF) and the DP Information Groups Business Sentiment Survey showed that business confidence among Singaporean SMEs is at its lowest since early 2013.Among cited pressures were...