FxWirePro: Have you forgotten EURO on event risk? Put ladders for late hedgers
May 13, 2016 11:02 am UTC| Commentary
Every time EURUSD dropped from 1.1461, subsequent bearish effects would be minimum of 3.29% or 350-400 pips southwards. The current price rejection has occurred at the same juncture in this pair. Looking for cheaper...
May 13, 2016 10:23 am UTC| Commentary Central Banks
The central bank of Norway left its benchmark interest rate on hold at 0.5% on May 12th, 2016 as widely expected, following a 25 bps cut in March. Policymakers said developments since last meeting were in line with...
May 13, 2016 07:39 am UTC| Commentary
We would still recommend a GBP/USD 3M risk reversal i/o 1Y as a generic hedge for Brexit risk as they flash negative 4.3 which is highest among the G10 currency pairs. GBP/USD gains major share in OTC markets in next 3...
May 13, 2016 06:26 am UTC| Technicals
Technicals Watch:This weeks price bounces have now tested and rejected resistance at 124.445 levels (daily charts), thats where a Shooting Star pattern occurs, as a result, we see bears resuming again, current prices...
May 13, 2016 04:59 am UTC| Technicals
This weeks price bounces have now tested and rejected resistance at 124.445 levels (daily charts). A Shooting Star pattern occurs at resistance of 124.445, as a result, we see bears resuming again, current prices...
FxWirePro: Hedge GBP/USD further bearish risks as BoE alerts event risks
May 12, 2016 13:22 pm UTC| Commentary
Sterling markets were focused on the Bank of England today, but BoE hints on downside risks in sterling on conditional basis of Brexit event. To substantiate, we would foresee GBP on weaker side on BoEs alerts of the...
May 12, 2016 13:15 pm UTC| Commentary
Here in this article, the primary emphasis would be on 3 months OTC arrangements: GBP/USD gains major share in OTC markets in next 3 months tenors. 3M IV is trading at 14.25% which is highest among G10 currency...