Aug 17, 2016 10:03 am UTC| Commentary
The Copper is likely to underperform on rising supply and the slowdown in China. We look ahead for gold to trade higher towards $1,400/oz near-term We kept advocating staying longs in gold futures from last couple...
Aug 16, 2016 11:58 am UTC| Insights & Views
Today, Aussie dollar gains considerably as the Reserve Bank of Australia makes constructive comments and on the disappointing U.S. data continued to weigh broadly on the greenback (retail sales and UoM consumer sentiments...
FxWirePro: Telecom, Media and Utility sectors under FX hedging scanner after Brexit dust settling
Aug 16, 2016 08:24 am UTC| Central Banks Insights & Views
GBP benefited from a classic dead-cat bounce when the BoE opted to defer its policy response to Brexit in July. The rally was short-lived as the BoE kept its word and delivered a comprehensive package of measures at the...
Aug 16, 2016 07:45 am UTC| Research & Analysis Insights & Views
Lets have a glance on OTC market arrangements for hedging the uncertainty in this pair: The delta risk reversal for USDJPY in long-term indicates more bearish pressures in FX option markets. What we could infer from...
FxWirePro: GBP/AUD “diagonal option strips” for both speculation and hedgingT
Aug 12, 2016 11:07 am UTC| Research & Analysis Insights & Views
As stated in our earlier post on this pairs technical lines, bears have extended slumps below 61.8% Fibonacci retracements and major downtrend still seems bearish despite abrupt upswings. We continue to maintain our...
Aug 12, 2016 06:57 am UTC| Insights & Views
Hedging GBPJPY further downside risks with Put Ratio Back Spreads (PRBS): The ATM IVs of GBPJPY of 2W expiries are at just tad above 12%, and 13.50% for 3M tenor. Although the momentum in short term bear trend is...
FxWirePro: PRBS right choice for USD/MXN hedging vehicle as Banxico likely to stand pat
Aug 11, 2016 13:07 pm UTC| Central Banks Insights & Views
Todays rate meeting should see rates left on hold at 4.25% by Banxico. At the June meeting, Banxico raised rates by a surprising 50 bps and in the meantime MXN at least didnt depreciate further. The central bank of...