FxWirePro: A glimpse through bullion spot, futures and ETFs vs softer dollar ahead of Fed

Sep 20, 2017 11:41 am UTC| Central Banks Research & Analysis Insights & Views

At present the bullion market seeks the opportunity of the Fed not hiking interest rates as frequently as the bank itself supposes due to predominantly disappointing inflation data this year even though prints upbeat data...

FxWirePro: North Korea missile doses, FOMC, USTs biggest concerns for USD/JPY

Sep 20, 2017 10:34 am UTC| Central Banks Research & Analysis Insights & Views

In the last few months, North Korea has increasingly become bolder with its actions. It fired missiles 3 times in May and once in June, followed by 2 ICBM (Hwasong-14) launches in July (4th and 28th), of which both landed...

FxWirePro: What implications hawkish rhetoric of British and Canadian central banks have on FX OTC markets?

Sep 20, 2017 08:40 am UTC| Central Banks Research & Analysis Insights & Views

GBP spot and vols blown up to the advanced level late in the previous week following a hawkish turn from the BoE. We were mulling owning GBP gamma earlier given the potential breakout set-up in cable prior to Vlieghes...

FxWirePro: BoJ unlikely to change in monetary policy - Hedging vehicles for AUD/JPY risk averse, slackers in bullish and bearish scenarios

Sep 20, 2017 07:56 am UTC| Central Banks Research & Analysis Insights & Views

BoJ is scheduled for monetary policy meeting: The tomorrows BoJ policy meeting is deemed to be a non-event. The basic contours of growth and inflation have not changed since the last meeting in July, and the BoJ will not...

FxWirePro: AUD/JPY bulls shrug-off shooting star but edgy at stiff resistance, major trend retraces more than 50% Fibos to hit fresh 21-months’ highs

Sep 20, 2017 07:14 am UTC| Technicals Insights & Views

On the rallies of AUDJPY, shooting star pattern candlestick has occurred at 88.760 levels. But vigorous bulls on these rallies have been shrugging-off this bearish pattern (shooting star) but for now, it seems to be...

FxWirePro: EUR/GBP seems economical and Cable at offhand

Sep 19, 2017 15:19 pm UTC| Research & Analysis Insights & Views

The UK economy gained speed and eventually, sterling made new highs. The UK economy advanced 0.3 pct on quarter in the three months to June of 2017, unrevised from the preliminary estimate and following a 0.2 pct expansion...

FxWirePro: GBP/CAD spikes above 7-DMA to inch towards 7-weeks’ highs but restrains below 21DMA, major downtrend still intact – Bid boundary binaries

Sep 19, 2017 11:23 am UTC| Technicals Insights & Views

In short-term trend, from last two weeks, the bulls have been showing some bounce backs that have gone above 7WMAs. Despite these upswings, bulls are restrained at the resistance of 1.6869 and 21WMA levels, the failure...