FxWirePro: Fair evaluation of crude’s inventory reports and hedging strategy for WTI prices

Sep 14, 2017 13:11 pm UTC| Research & Analysis Insights & Views

In this weeks report, for the second consecutive reporting week, Hurricane Harvey had a major impact on the weekly statistics; therefore, they should still be interpreted with a degree of caution, while the report...

FxWirePro: CBRT maintains status quo - Alluring TRY valuations in yield-hunting and hedging setup

Sep 14, 2017 12:30 pm UTC| Central Banks Research & Analysis Insights & Views

The Central Bank of Turkey held its benchmark one-week repo rate at 8 pct today as widely expected. Policymakers said the economic recovery has gained strength boosted by domestic and external demand from the EU countries...

FxWirePro: SNB stays pat, a glimpse over BoE MPC and GBPCHF – EURCHF vol spreads

Sep 14, 2017 10:44 am UTC| Central Banks Research & Analysis Insights & Views

Swiss National bank maintains status quo in its Libor rate (keeping rate on hold at -0.75%) which is widely expected. Weve already mentioned in our recent posts that the recent developments in the Swiss franc have been...

FxWirePro: GBP/JPY IV skewness proposes competitive advantage for both OTM call/put writers in short term hedging strategies

Sep 14, 2017 10:06 am UTC| Research & Analysis Insights & Views

Please be noted that the positively skewed IVs of GBPJPY of 1m tenors signify the hedgers interests in OTM put strikes. Whereas IVs of these tenors are just shy above 9.67% which is the highest among G7 currency space,...

FxWirePro: GBP/JPY bears resume in choppy range, consolidation phase heading for stiff resistance in major trend, more dips on cards upon bearish DMA crossover

Sep 14, 2017 08:00 am UTC| Technicals Insights & Views

Gravestone dojis are formed at 146.416 and 146.158 levels. Ever since these bearish patterns have occurred, the previous bull trend has halted and bears manage to evidences slumps; for now, the bearish swings drift into a...

FxWirePro: Dubious over Swiss franc valuation? Jerky OTC functions as SNB to remain laggard against ECB

Sep 14, 2017 06:55 am UTC| Central Banks Research & Analysis Insights & Views

The recent developments in the Swiss franc have been less intense over the past month than in the latter part of July when the surge in EURCHF fuelled an expectation in certain quarters that the franc was on the cusp of a...

FxWirePro: UK CPI brings in optimism of BoE hikes but labour markets disappoints – Sterling’s uptrend turns resilient and OTC functions intensify

Sep 14, 2017 06:19 am UTC| Central Banks Insights & Views

The sterling has been able to gain conspicuously in the recent times and continued the same momentum especially yesterday following the publication of the August inflation data. GBPUSD surged above the 1.3300 mark, while...