
GBP/USD short term trend reversal, Delta on ATM call lures for hedging
Jun 03, 2015 06:28 am UTC| Insights & Views
Technical updates:The currency cross has taken support and began bouncing back exactly at 100% retracement soon after breaching the lower channel line at 1.52 levels.As shown in the daily graph the pair had breached lower...
Construction activity (Purchasing &Supply) fuels UK economic growth
Jun 03, 2015 06:22 am UTC| Insights & Views
Construction PMI in UK is printed positively at 55.9 which is a way beyond forecast at 55.1. We expect this positive number has to boost the economic growth.As a result, the pound climbed up against the US dollar on...

Jun 02, 2015 15:24 pm UTC| Insights & Views
Equities are red across globe today. Performance this week at a glance in chart table - SP 500 - SP is down as weaker factory orders pose doubts on US economic strength. ISM New York came at 54 in May, lower than...

Jun 02, 2015 15:00 pm UTC| Insights & Views
Energy pack is trading in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI has broken above $61, failed to hold on to gains. Todays range $61.2-60.1 WTI still remains vulnerable but might...

Commodities snapshot (precious & industrial)
Jun 02, 2015 14:39 pm UTC| Insights & Views
Metals performance is lacklustre despite weaker dollar. Performance this week at a glance in chart table - Gold - Gold is up today, but dropped sharply below $1200 mark yesterday. Likely to consolidate ahead of NFP...

Currency snapshot (commodity pairs)
Jun 02, 2015 14:26 pm UTC| Insights & Views
Dollar index trading at 96.02 (-1.45%). Strength meter (today so far) - Aussie +1.74%, Kiwi +0.84%, Loonie +0.6%. Strength meter (since last week) - Aussie +1.43%, Kiwi +0.82%, Loonie -0.05%. AUD/USD - Trading at...

Currency snapshot (major pairs)
Jun 02, 2015 14:11 pm UTC| Insights & Views
Dollar index trading at 96.22 (-1.23%). Strength meter (today so far) - Euro +1.9%, Franc +1.26%, Yen +0.6%%, GBP +0.77% Strength meter (since last week) - Euro +1.27%, Franc +0.76%, Yen -0.03%%, GBP +0.14% EUR/USD...