FxWirePro: CAD/JPY Options Strips Ahead of Canadian Data Announcements and BoC Monetary Policy
Jul 09, 2019 09:51 am UTC| Research & Analysis Central Banks
The CAD is quietly consolidating within an incredibly tight range and trading just below last weeks 2019 high. Fundamentals remain supportive and the CAD continues to trade well below our estimated equilibrium based on...
FxWirePro: Take a tour on ECB rhetoric, QE-driven portfolio and bullish hedges
Jul 08, 2019 14:07 pm UTC| Research & Analysis Central Banks
The more conciliatory overtones from G20 on trade resolution are welcome but are unlikely to immediately arrest the slump in global manufacturing. Uncertainty and delayed investment are headwinds. TheECBwill have to...
FxWirePro: Preview of BoC and Portfolio Reassessment of CAD Derivative Trades
Jul 08, 2019 08:37 am UTC| Research & Analysis Central Banks
USDCAD is looking little weaker despite the fact that last month, the BoC formally eliminated its rate hiking bias. This sets the stage for a range of risks from trade to oil to feature more prominently this year. The BoC,...
Fundamentals to watch out for this week
Jul 08, 2019 08:10 am UTC| Commentary Central Banks
In terms of volatility risks, this week is light with the focus PMI numbers and U.S. payroll data, What to watch for over the coming days: Central Banks: Federal Reserve chair Jerome Powells speech scheduled...

FxWirePro: USD/CAD OTC indications and options strategies ahead of BoC monetary policy
Jul 08, 2019 06:53 am UTC| Research & Analysis Central Banks
The CAD is trading defensively into the weekend, prior to which it was shining major portion of its 3.17% rally from the late June highs. But CAD weakness is likely to be limited, however, as the CAD remains significantly...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Jul 08, 2019 05:03 am UTC| Commentary Central Banks
FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 8th...

FxWirePro: USD/RUB ‘debit call spreads’ still appealing on CBR’s rate cut clues
Jul 05, 2019 13:42 pm UTC| Research & Analysis Central Banks
CBR Governor Elvira Nabiullinas hint yesterday that CBR could cut rates by 50bp at its July meeting due to weakness in growth comes as a mild surprise, and frankly may not be fully consistent. It is widely acknowledged...