
Dollar has broken above month long down trend, will that be sufficient to push higher?
May 21, 2015 11:46 am UTC| Insights & Views
This week US dollar index, which is value of dollar against basket of currencies has broken above its month long down trend which saw the index drop from 100 mark to 93.2. However, this may not be sufficient enough to...

US to approve lot more natural gas export projects
May 21, 2015 11:03 am UTC| Insights & Views
Data from US Energy Information Administration (EIA) shows that Natural Gas exports are picking up in 2015. In 2013 US was exporting 160,000 MMcf/month at one point, however exports have slumped since then in 2014 to...

GBPUSD straddle hedges non directional momentum
May 21, 2015 11:02 am UTC| Insights & Views
Retails sales MoM is increased 1.2% in April of 2015 over the previous month bouncing back from a 0.7% dip in the previous period and beating market expectations.CBI industrial orders trend: Factory orders in the UK...

Resilient yields awaits Draghi Speech
May 21, 2015 10:03 am UTC| Insights & Views
While Euro has fallen after ECB official indicated higher rate of asset purchase during summer, Bund continue to pose resilience and so far consolidating, suggesting possibilities of further selloffs. Yield has softened...

Euro stuck in riddle as non directional trend on cards; hedge using iron condors
May 21, 2015 09:04 am UTC| Insights & Views
EU Current Account printed at 18.6 billion against forecast at 26.1 billion as reported by ECB.Highlights of todays events that may impact on Euro: ECB Monetary Policy Meeting Account EU Consumer Confidence ECB...
Germany’s lackluster PMI numbers may hamper Euro
May 21, 2015 08:58 am UTC| Insights & Views
German Manufacturing PMI: Manufacturing PMI is decreased to 51.4 in May of 2015 from 52.1 in April of 2015. The Index measures the performance of the manufacturing sector and is derived from a survey of 500 industrial...

Pound trend line still intact as market awaits retail sales
May 21, 2015 08:25 am UTC| Insights & Views
Pound has recovered sharply from its post inflation slump, however bulls are struggling to break above 1.558-1.56 area. Retail sales might turn out as make or break event for pound. Why pound is major contender for...