FxWirePro: GBP/JPY OTC outlook and derivatives hedging scenarios

Mar 01, 2018 07:25 am UTC| Research & Analysis Insights & Views

GBPJPY has been extremely weaker at levels of 147. Technically, ever since the occurrence of shootings star and bearish engulfing pattern candles which are bearish in nature, weve been anchoring the bearish stance of is...

FxWirePro: South African political dust yet to settle down despite cabinet reshuffling – Radical risk premium still lingers around ZAR

Feb 28, 2018 12:41 pm UTC| Research & Analysis Insights & Views

The resignation of President Zuma, a solid 2018 budget, and the expected cabinet reshuffle over the weekend mean ZAR can stay stronger for longer. USDZAR appreciated a further 4.6% since January as the sustained sentiment...

FxWirePro: EUR/USD bullish/bearish scenarios, OTC tools, and hedging perspectives

Feb 28, 2018 12:23 pm UTC| Research & Analysis Insights & Views

Bearish EURUSD scenarios: 1) Eventual repatriation by US corporates-EUR accounts for a third of foreign profits. 2) EUR appreciation delays ECB policy normalization (change in QE guidance delayed until April). 3)...

FxWirePro: EUR/USD bullish/bearish scenarios, OTC tools, and hedging perspectives

Feb 28, 2018 12:23 pm UTC| Research & Analysis Insights & Views

Bearish EURUSD scenarios: 1) Eventual repatriation by US corporates-EUR accounts for a third of foreign profits. 2) EUR appreciation delays ECB policy normalization (change in QE guidance delayed until April). 3)...

FxWirePro: Calendar spreads offer smart hedging opportunity for EUR/JPY with low cost

Feb 28, 2018 11:02 am UTC| Research & Analysis Insights & Views

We articulated a high conviction, constructive view for EUR predicated on the robust cyclical lift in the region and the unwinding of distortions to capital flows and EUR valuation from the unconventional monetary...

FxWirePro: Attractive gamma hedges to serve last minute and downside risks ahead of geopolitical, NAFTA and FOMC events

Feb 28, 2018 10:35 am UTC| Research & Analysis Central Banks Insights & Views

With the Italian parliamentary election only one week away, polls continue to point to a hung parliament with no clear majority in sight. However, irrespective of the governing coalition formed after the election, we do...

FxWirePro: Platinum grabs spotlight as palladium plateaus – Use near-month futures for longs

Feb 28, 2018 09:25 am UTC| Research & Analysis Insights & Views

Platinum prices were on New York futures markets on Wednesday falling 2% to a low of $983 an ounce. Palladium was also weaker at $1,033 an ounce. PGMs were the hardest hit on generally weak precious metals markets Tuesday...