Jun 19, 2015 14:32 pm UTC| Insights & Views
Equities are trading in consolidation, ahead of special European leaders summit next week. Performance this week at a glance in chart table - SP 500 - SP moved into new high after yesterdays gains. Todays range...
Jun 19, 2015 14:10 pm UTC| Insights & Views
Energy pack is having bad day today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is weak today amid stronger dollar. Todays range $59.6-61 Target for the downside is coming around $50-51/barrel...
Commodities snapshot (precious & industrial)
Jun 19, 2015 13:30 pm UTC| Insights & Views
Precious pack is up post dovish FOMC, industrial lagging. Performance this week at a glance in chart table - Gold - Gold is trading in small range today. Todays range $1198-1203. Greek fear so far failed to strike...
Rouble bears prepare to push lower amid FIFA scandal
Jun 19, 2015 13:03 pm UTC| Insights & Views
Central bank of Russia, provided rate cut of 100 basis points, as economic outlook and inflation stabilized further. However short term outlook for Rouble remains clouded for following three reasons. Crude oil price...
FxWirePro: Cross hedge EUR/NOK with USD/NOK as volumes confirm engulfing bull candlestick
Jun 19, 2015 12:56 pm UTC| Insights & Views
The NOK could be headed for further losses after the 25bp rate cut to 1.0% yesterday and the dovish central bank statement which did not rule out another rate cut by autumn.Norges Bank governor Olsen is scheduled to speak...
Japanese Yen vulnerable against INR
Jun 19, 2015 12:27 pm UTC| Insights & Views
As better monsoon news hit market and US Federal Reserve delayed rate hike further into the future, Indian Rupee (INR) is having a great time past three days. Indian Rupee appreciated against dollar 0.28% today so far....
FxWirePro: Use USD/CHF debit spreads for hedging and binary puts for speculation
Jun 19, 2015 12:14 pm UTC| Insights & Views
Option basket: USDCHF Bull call spreadOverview: bullish in medium termOn speculating grounds we tend to buy USD/CHF At-The-Money binary puts for targets of 20 pips as the pair breaking major support 0.9240 and has dropped...