
Jul 28, 2015 10:30 am UTC| Insights & Views
On EOD charts of WTI CL1! We had traced out an inverse saucer pattern and call for targets at 47.14. Today it is very well achieved with days low of 46.68 levels. Inverse saucer patterns can prolong for weeks or even...

UK’s service dependent economy at risk of EU referendum
Jul 28, 2015 09:57 am UTC| Insights & Views
Today UK GDP preliminary reading showed UK economy is on its way to another block buster pace of growth in second quarter. GDP increased by 0.7% in the second quarter of 2015. GDP is expected to grow at 2.6% in the second...

FxWirePro: USDCHF low implied volatility portrays hedging with condor spreads
Jul 28, 2015 09:56 am UTC| Insights & Views
Since the implied volatility of USDCHF is perceived to be minimal, so here comes a multiple leg of option strategy for regular traders of this currency cross when there is little IV. A total of 4 legs are involved in the...
UK’s service dependent economy at risk of EU referendum
Jul 28, 2015 09:55 am UTC| Insights & Views
Today UK GDP preliminary reading showed UK economy is on its way to another block buster pace of growth in second quarter. GDP increased by 0.7% in the second quarter of 2015. GDP is expected to grow at 2.6% in the second...
Guide to today’s important data and events
Jul 28, 2015 09:09 am UTC| Insights & Views
All medium risk economic dockets scheduled for release today. Data released so far - Italy - Consumer confidence dropped to 106.5 in July from 109.3 prior. Business confidence dropped to 103.6 from 103.9 in...

FxWirePro: UK Q2 GDP to post improved numbers; Hedge GBP/JPY with BPS as vols to spike up
Jul 28, 2015 08:19 am UTC| Insights & Views
Todays high impact economic indicator QoQ preliminary UK GDP numbers that suggest more GBP buying today cannot be ruled out if we get a further rise in growth numbers for the three-month period through May (forecasts...

FxWirePro: EURCHF condor spreads best suitable for low IV
Jul 28, 2015 07:38 am UTC| Insights & Views
As anticipated in our earlier post, near future EURCHF pair likely to experience low volatility. You can make out from the nutshell; EURCHF is to have the least IV.Currency option strategy through Condor Spreads: EURCHFWe...