Jun 09, 2017 10:23 am UTC| Research & Analysis Insights & Views
The political uncertainty lingers in Brazil, yet it has fallen short to prevent the BCB from monetary easing. The BCB cut 100bp the policy rate, and pointed to a deceleration going forward. The uncertainty also merited...
FxWirePro: Outright trades for resilient EMFX basket ahead of yet another FED hike
Jun 09, 2017 09:30 am UTC| Central Banks Insights & Views
The US dollar firmed slightly and US bond yields are slightly higher. Markets werent too rattled by either Comeys testimony or the ECB decision. After the recent volatility, the CNH market should calm down while the...

Jun 09, 2017 09:14 am UTC| Research & Analysis Insights & Views
In spite of GBP downtrend, election result doesnt clear the way for a longer and smoother Brexit transition, at the time of writing the BBC projects the Conservatives will end up with 318 of 650- seats, 8 shy of a majority...
“GBP/JPY acts as per FxWirePro’s whims and fancies”
Jun 09, 2017 06:36 am UTC| Technicals Research & Analysis Insights & Views
It seems that the pair has been acting as per our whim fancy, please be noted that we had advocated bullish call on this pair on 28th April. Please visit the below weblink for further readings on our previous technical...
FxWirePro: Hung parliament to cause political distress on sterling
Jun 09, 2017 06:26 am UTC| Insights & Views
Highlights of UK elections: U.K. General Election ends in the hung parliament with Theresa Mays ruling Conservative party has won 312 seats while the opposition Labour Party has 260 seats.Meanwhile, the Scottish...
FxWirePro: Who wins among RIKSBANK, RBNZ or GDT index to stimulate NZD/SEK optionality trades?
Jun 08, 2017 12:49 pm UTC| Research & Analysis Insights & Views Central Banks
The RBNZ has signaled the next cycle a tightening one will not start until the end of 2019. That will anchor the short end, although markets will not abandon their expectations for tightening as early as mid-2018 which...
FxWirePro: A glimpse through European interest rate derivative on ECB’s status quo monetary policy
Jun 08, 2017 12:26 pm UTC| Central Banks Insights & Views
ECB today has maintained status quo in its monetary policy, keeping minimum bid rate unchanged at 0.00% which was widely expected. In upcoming ECB press conference, with no policy change, market players are focusing on how...