Nov 18, 2016 06:52 am UTC| Technicals
We had already urged for the upswings after testing supports at 126.362 levels, thereafter, youve seen the bullish effects so far. For now, more rallies are likely but see stiff resistance at 138-139 levels. Current...
FxWirePro: EUR/USD spot FX synchronizes with OTC hedging executions
Nov 17, 2016 13:39 pm UTC| Research & Analysis
The implied volatilities of ATM contracts of this the pair are flashing at around 9.15% for 1w expiries and above 10% across longer tenors. Delta risk reversals negative ticks signify the hedging positions are well...
Nov 17, 2016 13:19 pm UTC| Research & Analysis
The FxWirePros weighted average dollar spot index that measures hourly performances of thedollar against abasket of 7 currencies, the USD has been fluctuating during the course of the day but gaining the traction for...
Nov 17, 2016 10:32 am UTC| Central Banks Research & Analysis Insights & Views
Mexican Peso has been edgy on the lingering expectations from analysts for Banxico to hike today and again once before the end of the year, and a 50bp rate increase next week seems more likely than waiting until...
Nov 17, 2016 09:55 am UTC| Central Banks Research & Analysis
The NZD has underperformed considerably post-RBNZ monetary policy and the Trumps victory. Concerns about exports, plus a stronger US dollar, are at play. While NZ fundamentals remain strong, the NZD will bear a risk...
Nov 17, 2016 07:53 am UTC| Central Banks Research & Analysis
With the deterioration in the local political situation and a less supportive environment from higher G3 yields, the outlook for the lira is worsening, in our view. We find option exposure most attractive at present,...
Nov 17, 2016 06:12 am UTC| Insights & Views
The crude oil futures price is attempting to pair losses (both WTI and Brent), it dropped yesterday after official inventory reports indicated a larger-than-expected build in U.S. oil stocks (actual 5.3m versus forecasts...