Sterling dips on weak retail sales, dollar awaits home sales data
Jul 23, 2015 09:30 am UTC| Insights & Views
United Kingdom: Retail sales has disappointed the expectation of increase in 0.2% MoM in retail sales ex auto fuel in June on the back of stronger consumption, around-zero inflation and rising earnings growth.The Junes...
FxWirePro: Delta cross hedging on EUR/GBP against EUR/USD
Jul 23, 2015 09:13 am UTC| Insights & Views
Lets visualize a trader thought implied volatility in the near month EUR/GBP option indicates overpriced ATM contracts; therefore he tends to short the volatility. And suppose we are shorting an ATM call option with an...

Kiwi rises from abyss in spite of policy easing
Jul 23, 2015 08:23 am UTC| Insights & Views
Kiwi or the New Zealand dollar is among the top performer today as it is up 0.95% so far in spite of 25 basis points rate cut by Reserve Bank of New Zealand (RBNZ). This clearly indicates that market participants were...
FxWirePro: EURGBP bulls going wild; but unable to sustain dominance
Jul 23, 2015 07:54 am UTC| Insights & Views
Despite sturdy rebound on Tuesday, the bears have been alert and returned to the market from close to the 13 day average rate. Sentiment deteriorated by almost 3/4th big figure yesterday. Prices have remained inside...
Tsipras succeeds to fend-off further rebellion
Jul 23, 2015 07:13 am UTC| Insights & Views
Greek parliament has passed next set of measures with 230 votes in favor in 300 members parliament. These reforms include legislation to handle bankruptcy of banks and impose losses on shareholders and debt holders as well...

Demand for which debt is hot and which is not -
Jul 23, 2015 06:35 am UTC| Insights & Views
A survey by Fitch, shows some lights on which debt are in high demand these days and which are shunned. Preference by investors throws some light on expectations ahead and risk perception. Key highlights - Emerging...

FxWirePro: Shorting AUD/JPY strangles best suitable for range bound trend (91.309-91.915)
Jul 23, 2015 06:17 am UTC| Insights & Views
On daily charts we observed from last fortnight or so the pair did not break on a closing basis the range of 91.309 on downside and 91.915 on upside. Technically speaking the leading oscillator RSI (14) has been stagnant...