Jun 09, 2016 09:25 am UTC| Commentary
There was some disappointment in markets this week in Australia as the RBA Minutes did not signal a guarantee of a follow-up rate cut. Rate cut pricing has been reduced over the last month by around 15bp and now has the...
FxWirePro: A glimpse on competitive advantage of ‘Theta’ on shorts in AUD/NZD ‘Credit Call Spreads’
Jun 09, 2016 07:26 am UTC| Research & Analysis
Well, in our previous write-up weve advocated AUDNZD credit call spread for both hedgers and speculators taking into account. The strategy reads this way, short ITM calls and OTM long calls with 2w and 1m expiries...
Jun 08, 2016 14:22 pm UTC| Research & Analysis
We reckon that the upcoming weeks have been the stimulants of bears in pound sterling and for the US dollar. The central banks in both continents are so cautious on tail risks attached to their economy because of which...
Jun 08, 2016 12:27 pm UTC| Research & Analysis
Gold futures for August delivery on the Comex division of the NYME rallied to a daily peak of $1,253.50 a troy ounce, the most since last 3 weeks. Safe-haven demand is strengthened again Feds stance on monetary policy,...
Jun 08, 2016 07:22 am UTC| Commentary
Japan posted a current account surplus of 1,878.5 JPY billion in April of 2016, down from 2,980.4 JPY billion in March. The figure was below market forecasts of 2,318.9 JPY billion, marking the 22nd straight month of...
Jun 08, 2016 06:19 am UTC| Research & Analysis
Since we could foresee risk bias on both sides in NZDJPY as the long term downtrend seems intact and short term trend is just puzzling, the pair has recently started to drift higher and targets a break above 75.296 in near...
FxWirePro: GBP/CHF vega instruments in ‘debit put spread’ on HY vols likely to handsome yields
Jun 07, 2016 14:21 pm UTC| Commentary
As there is SNBs monetary policy is lined up for next week, where Libor rate is likely to remain unchanged again at -0.75%, CHF began losing its gaining traction against sterling. On the flip side, UK PMIs could not do...