
Jul 29, 2016 13:04 pm UTC| Research & Analysis Insights & Views
The OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon as hedgers have been cautious on long term downtrend that has lasted since mid-April 2013. As a result,...

Jul 29, 2016 12:56 pm UTC| Insights & Views
Gold prices held steady at three-week highs on Friday, as the Bank of Japans stimulus measures disappointed market expectations and as the Federal Reserves decision to leave its monetary policy unchanged continued to...

Q2 GDP data shows eurozone economy still has some momentum, but, risk of downward revision high
Jul 29, 2016 11:37 am UTC| Insights & Views Economy
According to the preliminary estimates released on Friday, the Euro area recorded a tepid economic growth of 0.3 percent q/q in the second quarter of 2016. The reading was in line with market expectations but was well...

FxWirePro: Long USD/KRW as a hedge against adverse August seasonal patterns through 1m NDF
Jul 29, 2016 10:31 am UTC| Insights & Views
Korean currency has won the trading against US dollar consecutively and continued its multi-month gains, KRW gained almost more than 10% to evidence 9 months lows of USDKRW. Since the end of February, the KRW rallied...
The driving forces of hedging KRW in August blues
Jul 29, 2016 09:58 am UTC| Insights & Views
With EM FX rallying year-to-date, investors might be inclined to take some chips off the table heading into August. Possible factors that could cause disturbances to risk sentiment include a more hawkish Fed or oil prices...
How Germany's troubled history adds a twist to Angela Merkel's migration woes
Jul 29, 2016 09:12 am UTC| Insights & Views
The motives behind the four attacks that have taken place in Germany recently are still under investigation. Links to Islamic State are suspected in two cases, but not in the others. The one common factor was that all the...

FxWirePro: Hedge AUD/USD puzzling swings via “DDPS” on bearish-neutral RR ahead of RBA
Jul 29, 2016 08:04 am UTC| Research & Analysis Insights & Views
AUDUSD delta risk reversals indicate bearish-neutral sentiments in FX OTC markets as there is no hedging interest seen in near terms (see for 1W expiries) but this has again shown in favour of bearish interests as the...