What is next for Greece?

June 29, 2015 Greece is the major headline shaping the financial market since May. This is because of her debt to IMF. The country is in a dilemma of whether to strike a deal or not on her debt to IMF of about £1.1bn. The IMF has provided Greece with some terms and condition to meet before a… View Article

FX Update

June 24, 2015 The week started with USD trying to regain some of her losses from previous trading weeks. We saw EURUSD traded at 1.14 and GBPUSD traded at 1.59. Since then, EURUSD and GBPUSD have come of this level to trade below 1.120 and 1.58 respectively. The 1.20 level is a very important level, more like the… View Article

Weekly outlook

June 15, 2015 Last week, market bears took control of the USD, we saw USD weakness across board despite strong Economic data from the US. The data was unable to convince traders as USD bears were in total control. EURUSD and GBPUSD bulls were at advantage as they pushed prices to 1.13 and 1.55 respectively. Greece uncertainty remains… View Article