Key commentaries from Fed’s Fischer

Aug 30, 2016 12:23 pm UTC| Commentary Central Banks

Speaking to Bloomberg TV on Tuesday, vice chair of the U.S. Federal reserve, Stanley Fischer reiterated his previous views with regard to the economy, however speaking on rate cuts, Mr. Fischer toned down his previous...

FX Hedging Strategy Series

FxWirePro: Use cable rallies to arrest last phase of bearish rout amid Fed hike speculations - GBP/USD/JPY hedging at cheapest vanilla premiums

Aug 30, 2016 11:51 am UTC| Central Banks Commentary

After a brief jump in GBPUSD above trend resistance at 1.3215, but could not sustain the highs of 1.3279 (pre-Yellen), we have seen a sharp reversal in Cable with the pair now consolidating back in the channel spanning...

FxWirePro: USD/TWD longs encouraged by fundamentals but technicals still dubious for sharp recoveries

Aug 30, 2016 11:21 am UTC| Insights & Views Technicals Central Banks

Longs USDTWD on its attractive carry are encouraged as the China exposure sentiment toward EM currencies could be in the process of shifting and we prefer to focus on regional low yielders in expressing a bullish dollar...

FX Hedging Strategy Series

FxWirePro: Snap USD/CZK rallies with vega instruments in CRBS after post-Brexit recovery as expectations of CNB’s negative rates intensify

Aug 30, 2016 09:16 am UTC| Central Banks Commentary

After having risen sharply to 24.8459 around end-June because of the Brexit vote, USDCZK has slipped all the way back towards its 23.7740 floor over the past two months. Meanwhile, CNB has refrained from extending the...

Inflation data from Europe pose doubts over effectiveness of ECB policy

Aug 30, 2016 07:35 am UTC| Commentary Economy Central Banks

The first batch of inflation data is out from Europe and so far, it has done nothing but to pose doubts over the effectiveness of monetary policy in Europe. The European Central Bank (ECB) is undoubtedly doing utmost....

FxWirePro: 1M AUD RR back in action in turbulent OTC ahead of Fed’s Fisher speech and RBA’s cash rates next week

Aug 30, 2016 07:27 am UTC| Insights & Views Central Banks

Please be noted that the resilient changes in risk reversals 1w, 1m to 3m tenors, the negative tickers in delta risk reversals in 1 months tenor that signify the puts are on higher demand and so priced at ahigher premium...

FX Hedging Strategy Series

FxWirePro: 1w Cable delta risk reversals synchronize IV skews - Hedge event risks via ATM vega instruments

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 -...