Sep 30, 2016 13:40 pm UTC| Research & Analysis Central Banks
As expected by the majority of analysts the Fed did not raise interest rates in the last policy meeting. As a result, it therefore, seems to make sense that investors seeking after safe avenues of investments in Gold,...
FxWirePro: US election premiums visible USD/JPY OTC markets - Vega-neutral USD/JPY calendar spreads
Sep 30, 2016 09:19 am UTC| Central Banks Research & Analysis
Just as the market was craving any clear-cut statement on the Feds future interest rate policy in the run-up to the last FOMC meeting, regardless of how clearly they are staking out a rate rise in December. It simply...
FxWirePro: USD/JPY OTC bets still on bearish risks as 3m risk reversal move in sync with IV skews
Sep 30, 2016 07:09 am UTC| Research & Analysis
Although USDJPY kept spiking 3-4 days, today changed hands at 100.840, down 0.17%, the pair trades at thelargely similar level to that around a month ago. However, JPY has weakened against most other majors over the...
Sep 29, 2016 12:37 pm UTC| Central Banks Research & Analysis
It seems that the OPEC countries did decide on a cut in production at their informal meeting in Algiers in a surprise move. The details will only be worked out in time for the next official meeting in November. The...
FxWirePro: Gamma spreads to hedge WTI risks on inventory build ups
Sep 29, 2016 09:58 am UTC| Commentary
At spot WTI oil reference: $46.89, the hedger who is dubious about bearishness on this energy commodity can execute put spread by initiating following trades. Contemplating prevailing consolidation pattern of WTI crude...
Sep 29, 2016 08:14 am UTC| Research & Analysis
The forecast shows continued tight range-trading in EURCHF over the 1Y horizon. This stability masks a still unstable underlying flow position in which the SNB is recycling all of Switzerlands current account surplus...
Sep 29, 2016 07:39 am UTC| Economy Research & Analysis
This week, although EURGBP is losing in its price, we remain bearish of GBP, and forecast a 5-10% move from here in GBP/USD, taking the pair below 1.25, taking EUR/GBP to a little above 0.90. EURGBP was at 0.8616 from...