Financial News

FxWirePro: EUR/USD options strips bidding 3m RRs and IV skews on lacklustre PMIs

EURUSD prices are back under pressure below 1.1262 (i.e. 21-DMA levels), having failed to break-out stiff resistance at around 1.1324 levels. We are now developing into a bear channel targeting 1.1183 recent lows.

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Global Geopolitical Series: EU at crossroads over Middle East peace process

The European Union is at a critical juncture when it comes to peace in the Middle East,

  • At least that is the view of reputed former European Union diplomats and there are 37 of them, who wrote an open letter in UK’s Guardian newspaper urging diplomats to take up actions to avoid a historical mistake.
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PLN/HUF to see some near-term downside, may ultimately rise as Hungary's real interest rate stays more negative than Poland's: Commerzbank

The PLN/HUF currency pair is expected to see some near-term downside, but is ultimately likely to rise as Hungary's real interest rate stays more negative than Poland's, according to the latest research report from Commerzbank.

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FxWirePro: Euro awaits German PMI report at key level

German flash PMI reports are going to be one of the key factors which would drive gains or loss for the day. The data will be released at 7:30 GMT, while the euro is treading water around 1.13 area.

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Global Geopolitical Series: Is Indonesia headed towards political trouble?

Indonesian Rupiah is up 0.32 percent for the day so far as the early count of Wednesday’s Presidential election shows that incumbent President Joko Widodo is set to rule for another five years.

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