Buys day for dollar eyes on gains on economic data
May 26, 2015 12:16 pm UTC| Insights & Views
The USD maintains relatively lively in the wake of Fed Chair Yellens comments on Friday that a rate hike this year still seems appropriate. On the flip side, EUR looks dull amid prolonged Greek negotiations.Busy day for...
May 26, 2015 12:06 pm UTC| Insights & Views
Gold has fallen victim of strong dollar, after strong bounce back last week and broke above $1224 resistance. Sellers have taken advantage of strong dollar and now has pushed prices lower than crucial $1200 mark. Yellow...
Crude oil survives strong dollar, buoyed by forest fire
May 26, 2015 11:33 am UTC| Insights & Views
Crude oil has survived stronger dollar so far, as Middle Eastern tension and forest fire in Canada buoyed the price. Dollar index, which is value of dollar against basket of currencies, has gained sharply from four...
Trade on Long Guts of AUD/NZD as Theta (Θ) on time benefits
May 26, 2015 11:16 am UTC| Insights & Views
Since Australia is on the verge of many data announcements this week, Aussie dollars any dramatic fluctuations can be taken into your control by deploying the below strategy.Option basket: Long Guts (AUD/NZD)As we...
Big flurry of data series for Aussie dollar
May 26, 2015 11:02 am UTC| Insights & Views
AUD would be active on this week full of data releasing season. Following are the significant economic data announcement in this week. Q1 Capital Expenditure: Since the Q1 capex report on Thursday will be the focal...
Alexis Tsipras survives radical faction as negotiation moves on
May 26, 2015 10:53 am UTC| Insights & Views
Commentaries from both European and Greek counterpart suggests that a deal might be closer. Although some of the European officials have shrugged off such possibilities sighting the gap in the negotiation and hard line...
Yuan is not one way bet any more
May 26, 2015 10:18 am UTC| Insights & Views
Western countries have been accusing China for keeping the value of Yuan low against dollar. China Officially removed the peg long back around 2005, however volatility has been low since it was managed by Peoples bank of...