
FxWirePro: Stay short hedge ahead of BOE MPC members commentaries
Jul 11, 2017 07:56 am UTC| Research & Analysis Central Banks Insights & Views
Amid the June Bank of England MPC vote split in which three members voted for an immediate rate hike and the recent flurry of speeches from officials, we have yet to hear from Deputy Governor Ben Broadbent. He is scheduled...

Jul 11, 2017 06:21 am UTC| Technicals Insights & Views
On intraday terms, amid the current upswings, the rallies have shown failure swings at range resistance at 88.722 levels. Consequently, it has formed whipsaws pattern but is not substantiated by any other technical...
Jul 10, 2017 12:30 pm UTC| Research & Analysis Insights & Views
We at FxWirePro could foresee USDMXN at 20 over 2H17 on a putative disorderly renegotiation of NAFTA, de-anchoring inflation expectations leading to bond outflows and local politics volatility. In adverse case scenario,...
Watch out for snippet of major attention on central banks’ season
Jul 10, 2017 12:24 pm UTC| Central Banks Insights & Views
Central banks will remain center stage this week and Wednesday will be a particularly busy day with Chair Yellen delivering her semi-annual testimony to Congress. Today, at the start of the week it was sufficient for...

Jul 10, 2017 11:31 am UTC| Insights & Views Economy Central Banks
Fridays US Non-Farm Payrolls report published by the Bureau of Labor Statistics (BLS) was mixed, providing something for bulls and bears alike. The headline number was better than expected but the unemployment rate rose...

FxWirePro: ECB to unfasten monetary policy, bund volatility likely to propel EUR/JPY upside further
Jul 10, 2017 11:21 am UTC| Central Banks Research & Analysis Insights & Views
Yet a central bank cant impose short-term restraint on a financial cycle running for several years. When excesses become apparent, its too late to act against them. A financial cycle is like a stately container ship; if it...

FxWirePro: Deploy USD/TRY straddle amid CBT’s regime for FX swap deposits
Jul 10, 2017 09:15 am UTC| Central Banks Research & Analysis Insights & Views
Last month, the central bank of Turkey (CBT) left its benchmark one-week repo rate at 8 pct in its last monetary policy meeting on June 15th, 2017 as widely expected. Policymakers noticed the economic recovery is gathering...