FxWirePro: Never blow FOMC out of the proportion, FX OTC indicates timely and proportionate quantum of hedging

Dec 12, 2017 10:45 am UTC| Research & Analysis Central Banks Insights & Views

Amongst these crosscurrents, next weeks FOMC meeting might seem a sideshow. The meeting should deliver a rate hike that is largely priced, with even odds that the Committee adds the fourth dot to its 2018 projections, you...

FxWirePro: Cable seems to uninterested in constructive Brexit news, OTC to substantiate - Deploy options straps for hedging

Dec 12, 2017 09:42 am UTC| Research & Analysis Insights & Views

What else does the FX market need? It gets positive news from the Brexit negotiations, and the prospect of the EU summit this week declaring sufficient progress is as good as it could possibly be. But Sterling was only...

FxWirePro: Will bitcoin succeed in replacing official currencies completely?

Dec 12, 2017 09:03 am UTC| Commentary Insights & Views Digital Currency

Bitcoin, as a cryptocurrency is poised to make further strong gains if consumers and investors continue to use it across the board. To some extent, this seems a bit unlikely, owing to the stern actions taken by various...

FxWirePro: DAX, CAC and US exporters need smart hedging in 2018

Dec 12, 2017 07:08 am UTC| Research & Analysis Insights & Views Central Banks

The currency market has been acting as the adjustment factor between countries positioned at different parts of the economic cycle clock. It has been one of the few assets on which carrying long volatility positions has...

FxWirePro: “Between the gamble of deep tunnels or skyrocketed-pace”, money lures in bitcoin companies on projections of 2 trillion market capitalization

Dec 11, 2017 13:05 pm UTC| Research & Analysis Digital Currency Insights & Views

We at EconoTimes, consider this as an underestimation if the critic says Bitcoin has had an eventful week, starting December at around $10,000 and stopping to a whopping $19,000 mark on last weekend (some exchanges traded...

FxWirePro: Hedging FX themes amid FED and ECB on eve of X’mas

Dec 11, 2017 12:32 pm UTC| Research & Analysis Central Banks Insights & Views

The FX market reaction to the US labor market report on Friday was an ideal illustration of how the market operates at present. That means the real economic data would have justified USD appreciation, as positive as the...

FxWirePro: US job-market claim fast-forwards Fed to X’mas – Fresh hedgers to activate ATM straddles, attain euro’s bullish scepticism via call spreads

Dec 11, 2017 12:08 pm UTC| Research & Analysis Central Banks Insights & Views

While Christmas is fast approaching, this week is still a busy one for both policymakers and financial markets. Fed is scheduled to announce its funds rates on 13th Dec that is most likely to hike by 25 bps and ECB to...