FxWirePro: X-factors of European high yield flows and EUR/USD FVAs
Nov 22, 2017 10:56 am UTC| Central Banks
Over the coming months, we see a continuation of this environment. The global economy is in the midst of a synchronized upswing; ECB corporate bond purchases are continuing well into 2018, and credit fundamentals are...
FxWirePro: US rates in 2018 prompt for re-forecasting of bullion prices
Nov 22, 2017 10:50 am UTC| Central Banks
In gold, we raise slightly (+2%) our price forecast for 4Q17 and see gold averaging $1,260/oz in the last quarter, bringing the full year average to $1,254/oz. We opted to make no changes to our 2018 price forecast for...

FxWirePro: CAD/JPY option strips to hedge both bearish/bullish scenarios in major trend
Nov 22, 2017 09:13 am UTC| Central Banks Research & Analysis Insights & Views
The Bank of Canada (BoC) is likely to have taken a deep breath when it saw the October inflation data on Friday. It fell from 1.6% to 1.4% YoY. The different measures of core inflation also eased slightly and now range...
MNB keeps interest rates on hold, to introduce two unconventional instruments from January 2018
Nov 21, 2017 15:46 pm UTC| Commentary Central Banks
On Tuesday, the Hungarian central bank kept its interest rates on hold at record low levels, consistent with expectations. He MNB stated that it will be prepared to further ease monetary conditions to drive borrowing costs...
Nov 21, 2017 11:22 am UTC| Research & Analysis Insights & Views Technicals Central Banks
KRW is right under the spotlight. USDKRW dipped below the 1100 mark, heading the lowest in more than two years. While the Bank of Korea (BOK) continues to warn that it would take actions if there is excessive KRW...

Nov 21, 2017 10:30 am UTC| Research & Analysis Central Banks Insights & Views
Please be noted that the USDCAD OTC market sentiments show bullish neutral flashes, while positively skewed IVs of 3m tenors signify the hedgers interests in OTM calls. Refer above nutshell wherein hedgers seem interested...
Fundamentals to watch out for this week
Nov 20, 2017 10:49 am UTC| Commentary Central Banks
This week is a relatively light with volatility risks, both in terms of data and events. What to watch for over the coming days: Central Banks: European Central Bank (ECB) president Draghi is set for a speech...