FxWirePro: 1Y EUR vol remains core vega longs amid murky ECB decision on soft taper
Dec 20, 2016 07:30 am UTC| Central Banks Research & Analysis
A reminder of ECBs primary objective highlights why, with credit demand and growth so low, ECB has extended its QE. Core inflation, despite the rebounding of headline CPI, is stagnating under 1%, rather than pushing...
Dec 20, 2016 06:40 am UTC| Central Banks Research & Analysis
The BoJ maintains status quo in its monetary policy, it seems that the central bank is focused soothing 10Y Treasury bond yield,the benchmark for long-term borrowing costs, at around zero pct and keep the overnight...
Dec 19, 2016 12:41 pm UTC| Research & Analysis
Today, EURNZD breaks above 1.5015 levels (i.e.7-DMA) expanding range it has resided in for the past few months but we reckon these upswings would unlikely to sustain the move, leaving it in a neutral state for the week...
Dec 19, 2016 12:33 pm UTC| Research & Analysis
The economic outlooks for Brazil and Argentina are significantly better for 2017, but political developments will likely remain fluid. For now, we reload longs in BRL risk driven by following factors. The BRL slipped...
Dec 19, 2016 11:51 am UTC| Central Banks Research & Analysis
We remain bearish the lira; the negative feedback loop between macro policy credibility, political concerns, and investor sentiment is likely to drive the currency weaker. The FX outlook remains unambiguously negative,...
Dec 19, 2016 11:20 am UTC| Technicals
Although the bullish momentum is reduced but upswings consistently spiking higher above DMAs, Bulls attempting to spike higher despite shooting star formations, the Turkish lira weakened sharply in the recent times, with...
Dec 19, 2016 09:51 am UTC| Research & Analysis Insights & Views
Ever since the Trumps US presidential election victory in November, the DXY has risen over 3%, major backed by higher front-end core yields as markets have repriced a reflationary outlook from expansionary US fiscal...
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