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...

Euro is the new safe haven for European stocks
Aug 14, 2015 11:02 am UTC| Insights & Views
In recent past we have been arguing that Euro might be acting as a safe haven currency as massive policy easing from European Central bank has given it some characteristics of a safe haven currency. As of now, European...
Guide to today’s important data and events
Aug 14, 2015 09:49 am UTC| Insights & Views
Not many economic dockets scheduled for today, focus is on Euro zone GDP. Data released so far - France - Preliminary reading showed, Frances GDP failed to grow in second quarter from first, up 1% on yearly basis. Non...

Aug 14, 2015 08:46 am UTC| Insights & Views
As you can make out from the nutshell, bulls gaining buying interest as 1W ATM contracts showing positive flashes but this is yet to be confirmed in long run even on technical charts. The same ATM contracts for next 6...