FX Hedging Strategy Series

FxWirePro: AUD/USD set to quash recent gains owing to RBA’s next MPC meet, 1m IV skews quite evident to signal OTM put strikes

Aug 16, 2016 11:58 am UTC| Insights & Views

Today, Aussie dollar gains considerably as the Reserve Bank of Australia makes constructive comments and on the disappointing U.S. data continued to weigh broadly on the greenback (retail sales and UoM consumer sentiments...

Brexit vote changes UK inflation outlook, makes it harder for BoE to cut rates

Aug 16, 2016 11:19 am UTC| Insights & Views Economy Central Banks

Data released by the Office for National Statistics on Tuesday showed that UK annual inflation rate as measured by the Consumer Prices Index (CPI) rose to 0.6 percent in July from 0.5 percent in June, beating expectations...

FxWirePro: Commodity prices cushion AUD while RBA drives backseat for AUD/USD

Aug 16, 2016 09:47 am UTC| Insights & Views Central Banks

Amid the ongoing transition in Australias economy, the country continues to be a major resources producer, with much of its exports to the rest of the world made up of materials such as iron ore, coal, basic metals, and...

FX Hedging Strategy Series

FxWirePro: Telecom, Media and Utility sectors under FX hedging scanner after Brexit dust settling

Aug 16, 2016 08:24 am UTC| Central Banks Insights & Views

GBP benefited from a classic dead-cat bounce when the BoE opted to defer its policy response to Brexit in July. The rally was short-lived as the BoE kept its word and delivered a comprehensive package of measures at the...

FxWirePro: BoJ’s QQE with negative interest rates either continue to add impetus on further FX appreciation or keeps USD/JPY in range

Aug 16, 2016 07:52 am UTC| Central Banks Insights & Views

After the last BoJs publication of key currency views on July 15, although USD/JPY extended its upside effect, it has been restrained at 107s, the pair sharply declined on a less-aggressive than-expected BoJs additional...

FX Hedging Strategy Series

FxWirePro: FX OTC anticipates USD/JPY’s upside to be minimal – Backspreads by bidding 1m RR to arrest potential downside risks

Aug 16, 2016 07:45 am UTC| Research & Analysis Insights & Views

Lets have a glance on OTC market arrangements for hedging the uncertainty in this pair: The delta risk reversal for USDJPY in long-term indicates more bearish pressures in FX option markets. What we could infer from...

Theresa May has a golden opportunity to make devolution work – but it must be progressive

Aug 14, 2016 04:20 am UTC| Insights & Views Politics

Since Theresa May took office as prime minister of the UK in July there has been a great deal of speculation about how if at all powers over tax rates and local spending will be devolved to local authorities, as promised...