Oct 05, 2020 06:15 am UTC| Research & Analysis Central Banks Insights & Views
Thin trade given local holidays. AUDUSD seems to be resilient to equity wobbles so 0.7130 levels should continue to hold, modest upside bias. The medium-term perspectives: The northern summers risk rally and USD rout...
FxWirePro: Driving Forces of Bullion Market, OTC Indications & Hedging Strategy
Oct 01, 2020 11:20 am UTC| Research & Analysis Insights & Views
With real yields likely rising, we see gold coming off its 3Q20 peak to average $1,880/oz in 4Q20. After maintaining a bullish view on gold prices for over two and a half years, we turned neutral on bullion at the...
FxWirePro: Quick Run Through On Global Risk Sentiments & Positioning
Oct 01, 2020 10:49 am UTC| Research & Analysis Insights & Views
The three challenges for risk markets have been predominantly observed for the months of September/October: the risk of a disappointment at the September FOMC meeting; quarterly rebalancing flows; and the US election. The...
FxWirePro: Glimpse At Correlation Between Gold Price & UST Yields
Oct 01, 2020 07:15 am UTC| Research & Analysis Insights & Views
Goldprice has seen a volatile session of late, but is currently sitting 0.4% higher at USD1,897/oz levels. Precious metalsregained some sheen as the dollar weakened. Increased optimism over fresh stimulus in the US and...
FxWirePro: Loonie Outperformance & Underperformance – CAD Trade Ideas
Sep 07, 2020 07:53 am UTC| Research & Analysis Insights & Views
CAD outperformed a weak dollar, but underperformed most other G10 peers. USDCAD declined 2.8% since our last Key Currency Views, but this was largely reflective of a generally weak dollar. Versus most other G10 peers, CAD...
Sep 01, 2020 17:36 pm UTC| Research & Analysis Insights & Views
AUDs rally to above 0.72 in August coincided with the MSCI World index reaching highs since Feb, maintaining the Aussies traditional positive correlation with risk appetite. The Aussies support is broader than equities...
FxWirePro: Driving Forces of USD/JPY, OTC Updates & Hedging Strategies
Aug 24, 2020 12:59 pm UTC| Research & Analysis Insights & Views
Bearish USDJPY scenarios observed to 90 levels, if: 1) Dollar weakness intensifies sharply on US-specific idiosyncratic factors; 2) Assessments for the prospect of a V-shaped global growth recovery are significantly...