Alexis Tsipras survives radical faction as negotiation moves on
May 26, 2015 10:53 am UTC| Insights & Views
Commentaries from both European and Greek counterpart suggests that a deal might be closer. Although some of the European officials have shrugged off such possibilities sighting the gap in the negotiation and hard line...

Yuan is not one way bet any more
May 26, 2015 10:18 am UTC| Insights & Views
Western countries have been accusing China for keeping the value of Yuan low against dollar. China Officially removed the peg long back around 2005, however volatility has been low since it was managed by Peoples bank of...

Russian Ruble consolidates, while default spread falls
May 26, 2015 09:34 am UTC| Insights & Views
Russian 5 year Credit Default Swaps (CDS) has tightened below 300 points for the first time since November 2014, as sentiments and financial conditions have improved further. Russian Ruble is now hovering at 50 against...

Bearish Marubozu on EUR/USD; optimize potential slumps with PRBS
May 26, 2015 08:35 am UTC| Insights & Views
Technical Insights:No trace of recovery when weekly chart was plotted."Bearish Marubozu" candlestick pattern was traced out on weekly chart of this pair. The bearish candle with no shadow extending from the body at either...

May 26, 2015 08:33 am UTC| Insights & Views
Today Durable goods order to be released from US at 12:30 GMT and it is to provide further guidance on Dollar. Federal Reserve Bank of San Francisco, published a paper arguing that first quarter weakness in US economy is...
Crunch time nearing for EURO; more anticipated slumps
May 26, 2015 08:33 am UTC| Insights & Views
Key events today lined up for data releases:Employment level (GMT 07:15) with consensus numbers at 4.21 millions of employed workers. Previously the same was seen at 4.23 millions as recorded by Swiss statistics.CBI...

Dollar shoots to upside as volume returns
May 26, 2015 07:48 am UTC| Insights & Views
Dollar started the week with a bang. Yesterday Dollar index was up about 1/3 percentage points in spite of major market close due to holiday and today with return in volume Dollar has moved even higher. Dollar index is...