
Euro Zone GDP: a show of fragmentation
Aug 14, 2015 14:04 pm UTC| Insights & Views
In spite of return of inflation and confidence from European Central Bank (ECB) officials, latest GDP statistics shows, there are still considerable slack remain across Euro zone countries and growth remains quite...

Political crisis pushes Lira to new low
Aug 14, 2015 13:32 pm UTC| Insights & Views
Turkey is going through very troubled time this year. Today Turkish Lira has plummeted to new all-time low as Turkey faced new election this year. Ruling AKP party, which lost majority for the first time in June, since its...

Watch out for WTI’s closing today
Aug 14, 2015 12:56 pm UTC| Insights & Views
Todays sharp fall and equally sharp bounce back created is on the process of creating a unique candle in WTI daily chart, which makes todays final closing extremely pivotal in judging further moves ahead. WTI is in the...
FxWirePro: EUR/USD ATM volatilities still on higher side - Vega spreads to trade HY vols
Aug 14, 2015 12:50 pm UTC| Insights & Views
On speculation basis, we recommend buying one touch vega calls in order to extract leverage on extended profits. As you can see from the nutshell showing volatilities of ATM contracts (EURUSD - 6 months contracts show...

Dollar is at risk of further drop
Aug 14, 2015 12:29 pm UTC| Insights & Views
Investors and traders are becoming doubtful of the FEDs move in September to hike rates from record low for the first time in almost 9 years as recent data from US continues to underwhelm. Many analysts believe that this...

WTI drops to new six-year low as supply glut remains a US phenomenon
Aug 14, 2015 12:03 pm UTC| Insights & Views
Today WTI dropped to new six year low since the rout started 14 months ago, in June 2014. WTI CFDs (contract for difference) traded as low as $39.55/barrel. Today at one point, Brent - WTI spread rose to almost...

Caution Warranted on GBP Longs
Aug 14, 2015 11:37 am UTC| Insights & Views
Cable sold off modestly on the day after BoEs first Super Thursday release of its rate decision, Quarterly Inflation Report and Minutes were taken dovishly by the markets. British construction output returned to moderate...