
Markets cheer as Greek deal looms
Jul 10, 2015 08:55 am UTC| Insights & Views
Finally market participants are seeing some light at the end of tunnel in Greek negotiation. Both sides seem to have bend a little. Greek Prime Minister indicated that his government stands ready to implement reforms as...
Guide to today’s important data and events
Jul 10, 2015 07:47 am UTC| Insights & Views
Not many economic dockets scheduled for today. Focus is on BOE interest rate decision. Data released so far - Australia - Investment lending for homes dropped by -3.2% in May, with home loans dropping by...
British economy seems on track; sterling eyes gains but global cues not conducive
Jul 10, 2015 07:41 am UTC| Insights & Views
The better-than-expected May industrial production release earlier this week, suggested that the UK was on track for acceleration in GDP growth in Q2. While in contrast the 0.8% drop in April construction output points to...

FxWirePro: Continue with writing USD/JPY call ladder for hedging in potential downtrend
Jul 10, 2015 07:07 am UTC| Insights & Views
Writing a USD/JPY call ladder proves to be profitable irrespective of upswings or downswings as stated earlier.To execute the short call ladder strategy the positions go this way,The hedger has to short an in-the-money...
FxWirePro: Prefer AUD/JPY combinations over naked options on hedging
Jul 10, 2015 06:43 am UTC| Insights & Views
Australian housing finance approvals to owner occupiers fell sharply in May with the 6.1% drop coming below expectations of a 3% decline. Weak industry data had indicated some downside risks to the month - these clearly...
FxWirePro: Dollar shrugging off jobless claims; ATM binary calls for targets at 122.35
Jul 10, 2015 06:39 am UTC| Insights & Views
The US department of labor reported on Thursday thatthe number of individuals filing for initial jobless benefitsin the week ending July 4 increased by 15,000 to 297K from the previous weeks total of 282K. Analysts had...

Currency snapshot (commodity pairs)
Jul 09, 2015 18:10 pm UTC| Insights & Views
Dollar index trading at 96.72 (+0.53%) Strength meter (today so far) - Aussie +0.15%, Kiwi +0.14%, Loonie +0.01%. Strength meter (since last week) - Aussie -0.99%, Kiwi +0.55%, Loonie -1.30%. AUD/USD - Trading at...