Aug 29, 2016 11:33 am UTC| Central Banks Commentary
The implied volatilities of this GBP crosses are screaming off as we get to see the flurry of economic data this week and during early September, UK PMIs are likely to indicate prospects of their economic health -...
FxWirePro: AUD/CAD IVs seem adamant despite flurry of data in Canada and Australia
Aug 29, 2016 08:00 am UTC| Research & Analysis
Economic events: Canadian GDP likely to have expanded and trade deficit to contract Canadian economic data of recent hasnt been very positive, MoM consensus are at 0.5% from the previous -0.6%, this would mean that the...
FxWirePro: Hedge AUD/CAD's risks with “Long Put Ladder" capitalizing 1W tepid IVs
Aug 29, 2016 07:45 am UTC| Technicals Commentary
Technical Glimpse: Bulls are rejected at theresistance of 1.0090, massive volumes formed on declining prices in non-directional trend. Although it seems like testing at 0.9735 (7EMAs on monthly charts), bullish...
Aug 29, 2016 06:42 am UTC| Technicals
Whipsaw pattern in the recent price behaviour of AUDCAD has been evidenced (see rectangular shaped area). Well, contemplating previous upswings prior to this pattern, more slumps are likely after whipsaws slid below...
Aug 26, 2016 12:23 pm UTC| Central Banks Commentary
As per the National Bank of PolandsMPC, the latest minutes unpredictably indicated that several MPC members are willing to consider rate cuts. This comes as a surprise because individual interviews in recent months tended...
FxWirePro: 1W option strips to hedge GBP/USD uncertainties ahead of UK’s preliminary GDP flashes
Aug 26, 2016 10:31 am UTC| Commentary
The second estimate of UK GDP for 2016 Q2 saw growth unrevised from its previous estimate of 0.6% QoQ, in line with our and consensus expectations. Corresponding annual growth was also unchanged at 2.2% YoY, the strongest...
Aug 26, 2016 07:45 am UTC| Commentary
A gradual reduction of shorts (be it profit-taking purposes, or declining risk-reward) is likely to accelerate the move lower in USDMXN. Weakened fundamentals (economic slowdown, widening capital account deficit) might...