Jul 04, 2016 13:11 pm UTC| Insights & Views Central Banks
One might be forgiven for wondering whats going on with BRL. Despite Brexit and the initial wave of risk aversion BRL illustrates the best performance in the entire EM universe since the end of June, up more than 3.5%...
Jul 04, 2016 12:58 pm UTC| Insights & Views
For the past few years, emerging market currencies have generally underperformed against the forwards. However, going forward, the weakness in spot rates would be mostly in line with positive carry. Risks are somewhat...

Jul 04, 2016 12:51 pm UTC| Insights & Views
In H2 2016, we would see a cease-fire in the currency war. In H1 2014 a pause in monetary policy activism caused a collapse in FX volatility. Expect FX implied vols likely to catch up with the downside in the underlying...
FxWirePro: Dollar unlikely to give up momentum in Q3 – Knock in option trades for USD/JPY
Jul 04, 2016 11:46 am UTC| Insights & Views
We reckon from here onwards in H2 the dollar strength relies on weakness elsewhere but the ECB and BOJ are almost out of room to ease further. Yen appreciation started amid global financial turbulence in late 2015, and...

Australia's political uncertainty spooks markets, sees warnings from major ratings agencies
Jul 04, 2016 11:21 am UTC| Insights & Views Economy Commentary
Aussie initially came under considerable pressure during Asian market open after it became clear over the weekend that the parliamentary elections would not result in a clear majority for either party. Australias political...

Reasons galore that make RBA’s easing look essential
Jul 04, 2016 09:34 am UTC| Insights & Views Central Banks
We reckon the monetary policy divergence should be the major factor in the H2 of the year for a lower AUDUSD in thelong run and interim upswings in theshort run as the todays RBA cash rates likely to remain unchanged,...

Jul 04, 2016 08:16 am UTC| Insights & Views Central Banks
After UK decides to exit from EU, euros vulnerability against majors still looks intact, euro against dollar and yen has just shown a negligible recovery from the recent lows, but the commodity currencies, such as CAD and...