UK retailers pumping up as GBP/AUD take-off crazy
Jun 18, 2015 13:20 pm UTC| Insights & Views
The GBPAUD touched fresh 6 years highs and 7 months high against the broadly weaker dollar on today when data showed that U.K. retail sales rose last month, after the latest Federal Reserve tempered potentials for higher...
After FOMC fed fund future says hike in 2016
Jun 18, 2015 12:49 pm UTC| Insights & Views
FOMC policy statement, participants projection and dovish statement from FED chair Janet Yellen, successfully pushed back hike expectation, further into the future. More participants and economists are now foreseeing...
Jun 18, 2015 12:01 pm UTC| Insights & Views
Todays release of Consumer price index (CPI) numbers will be most watched by traders and investors. CPI is scheduled to be released at 12:30 GMT. Why important? FEDs dual mandate is price stability and maximum...
USD/JPY rebounds on cards despite short downward as Fed views weigh
Jun 18, 2015 11:30 am UTC| Insights & Views
The latest Federal Reserve policy meeting ended Wednesday and tips-off with more decisive evidence is needed before it starts raising interest rates.The benchmark interest rate in the US was left unchanged at 0.25% on June...
Derivgam signifies ATM AUD/USD call with 6M maturity placed in haven
Jun 18, 2015 10:58 am UTC| Insights & Views
Long term FX hedging insights: AUD/USDThe prevailing price of Aussie dollar is around US$0.7830.Risk free rate is around 2% and 0.25% in Australia the US respectively.The market price of At-The-Money call option of...
Euro zone periphery risks higher unemployment for longer horizon
Jun 18, 2015 10:39 am UTC| Insights & Views
European monetary Union is about to complete five year anniversary, and crisis seems to be far from over in spite of recent recovery in Growth. European Central Bank (ECB) has deployed many of its tools to fight the...
Merkel’s assurance of Greek deal likely to keep Euro buoyant
Jun 18, 2015 09:58 am UTC| Insights & Views
Europes most important leader and Greeces largest creditor German Chancellor Angela Merkel assured that still a deal between Greece and Creditors remain possible if Greek government show the will to pursue...