Feb 09, 2016 08:11 am UTC| Technicals
Technical watch: The reducing pace in EURUSDs uptrend acceleration is reckoned as the momentary depiction of the intraday speculation. Yes, we could merely perceive this as a speculative dips, when you plot the 4-hourly...
Feb 09, 2016 07:02 am UTC| Technicals Central Banks
We look ahead for the Riksbank easing monetary policy further at its Thursday meeting, lowering its repo rate by 10bp, to -0.45% vs consensus: 0bp, market pricing: -7bp, given downside risks to inflation. A repo rate...
FxWirePro: Risk reversals of Yen’s crosses signal more bearish sentiments – hedging perspectives
Feb 09, 2016 06:24 am UTC| Technicals
JPY to strengthen vs CNY, with initial target of 15.00. USD/JPY drop is likely limited to 110 given likelihood of intervention. EUR and JPY risk-reversals have fared much better than USD ones as risk hedges. Current...
FxWirePro: USD/CAD bulls spreads for hedging
Feb 09, 2016 05:35 am UTC| Technicals
Amongst other G10 currency turmoil that would suffer significantly is the Canadian dollar, given its close connection to crude oil prices in particular. Assuming further drop in crude oil prices about 15.5%, USD/CAD...
Feb 08, 2016 11:43 am UTC| Technicals
The British economy inched higher to 0.5% on QoQ in the last three months of 2015, accelerating from a 0.4% growth in the previous quarter that is in line with market projections and preliminary estimations. Taking growth...
Feb 08, 2016 09:53 am UTC| Insights & Views
Off late retracements in USD versus emerging market currencies looks overdone, but BRL will likely underperform on any risk-off event. We foresee BRL as one of the most vulnerable currencies because of looming...
FxWirePro: Buy risk reversals and stay calm with EUR/JPY PRBS for hedging downside risks
Feb 08, 2016 08:52 am UTC| Technicals
The balanced gush in OTC market sentiments reveal hedging arrangements for downward risks. The negative delta risk reversal would mean the FX OTC position floods towards downside risk, as a result, puts are relatively...
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