FxWirePro: Shrinking IVs and mounting risk reversals in EUR/GBP amid rising geopolitical turmoil in EU and UK

Oct 30, 2018 11:38 am UTC| Research & Analysis Insights & Views Central Banks

Angela Merkel is stepping down as leader of the Christian Democrats. That is putting pressure on the euro. However, she is planning to remain chancellor until the end of her term. As a result, the euro retraced its losses,...

FxWirePro: JPY Crosses Hedging Sentiments Intensify Ahead of BoJ, Flirting With OTC Bearish Territories and Deploy Options Strategies

Oct 30, 2018 07:58 am UTC| Research & Analysis Central Banks Insights & Views

During the overnight session today, the Bank of Japan will meet for its monetary policy announcements and while Chinese PMIs are due. It is not expected any new policy signals from theBoJ. We look for how close the Chinese...

FxWirePro: USD/JPY minor bulls travel through rising channel, major trend wedged in range – Trade boundary strikes ahead of BoJ

Oct 30, 2018 06:24 am UTC| Technicals Insights & Views Central Banks

USDJPYhas tested support at channel baseline, ever since then the minor price trend has been spiking through rising channel and bulls are now attempting to break-out above 21-DMA levels on Tuesdays trade session as markets...

FxWirePro: CBR on status quo - Options structures to hedge USD/RUB

Oct 29, 2018 14:47 pm UTC| Research & Analysis Central Banks Insights & Views

CBR (Central Bank of Russia) kept its benchmark rate on hold at 7.5% on Friday as was widely expected. The statement was little changed and reiterated that future tightening will depend on growth and inflation relative to...

FxWirePro: Assess GBP put options against G10 peers ahead of BoE

Oct 29, 2018 14:08 pm UTC| Research & Analysis Central Banks Insights & Views

We have BoE scheduled for its monetary policy announcement in this week, we take a look a look at the policy outlook and the implications for the economy. The MPC is not anticipated to publish any inflation forecast at the...

Fundamentals to watch out for this week

Oct 29, 2018 13:46 pm UTC| Commentary Central Banks

In terms of volatility risks, this week is heavy with economic data, as well as central bank events. What to watch for over the coming days: Central Banks: Bank of Japan (BoJ) will announce the rate decision on...

FxWirePro: Sterling scepticism around Budget, Brexit and BoE - GBP risk-reversals to peep-in for relative values

Oct 29, 2018 12:57 pm UTC| Research & Analysis Insights & Views Central Banks

It seems like Christmas has come little early for the UK economic policy watchers. With the Budget today and a Bank of England interest rate updateon Thursdaywe are spoilt for choice for things to talk about. This week we...