FxWirePro: Hedge incomes receivables in sterling denomination during “Brexit-or-No Brexit” scenarios
Apr 22, 2016 13:45 pm UTC| Commentary
Can UK deliver conducive growth numbers to free BoE from easing pressures and prop up GBP: Last week, Bank of England (BoE) maintained the bank rate unchanged at 0.50% and the stock of purchased assets at GBP375bn in...
FxWirePro: Hedge USD receivables on boosted risk reversals in H2 of 2016
Apr 22, 2016 12:37 pm UTC| Commentary Central Banks
DXY (dollar index) which measures the greenbacks strength against a trade-weighted basket of six major currencies, was currently up at 94.90 comparing previous close at 94.65. Overnight, the dollar trimmed losses...
Apr 22, 2016 11:29 am UTC| Commentary
Canadian CPI (MoM) and retail sales data are scheduled to be announced shortly, and forecasted be at 0.4% -0.8% respectively. The GDP data for both UK Canada and Canadian retail sales data are also lined up for next...
Apr 22, 2016 07:46 am UTC| Commentary
According to Banxico Governor Carstens thinks that the Mexican peso is undervalued and has room to appreciate. In an interview given yesterday he pointed out that the central bank prefers to use interest rates rather than...
Apr 22, 2016 07:35 am UTC| Technicals
Despite the handsome recoveries in GBPCAD from last two days, nothing much has changed to the major trend which is vigorously bearish, the current prices have still remained well below 21DMA. In last five months, GBPCAD...
FxWirePro: Yen 1W IVs spike rapidly – Capitalize on longs calls in EUR/JPY straps
Apr 22, 2016 06:34 am UTC| Technicals
Please observe in the above nutshell as to how the implied volatilities of EURJPY pair growing in sky rocked pace with delta risk reversal numbers also inching higher into positive values, but in a long run, hedging...
Apr 22, 2016 05:38 am UTC| Technicals
After taking support from 7DMA, strong bull swings are to upheld for many reasons. Bulls hold stronger at around 124.445 resistance levels along with bullish momentum after jumping above 7DMA on daily...