
FxWirePro: Gold Price Updates, OTC Indications & Hedging Strategy
Aug 13, 2020 15:32 pm UTC| Research & Analysis Insights & Views
Goldprices continued their rollercoaster ride amid mixed economic data. After a tumultuous session on Tuesday, which saw the precious metal price plunge close to 6% owing to the profit booking sentiments, consequently,...

Aug 13, 2020 14:46 pm UTC| Research & Analysis Technicals Insights & Views
The precious yellow metal finally seems to have taken a halt after a commendable bullish rout, after it hit all-time highs of $2,075 levels, Gold prices sensed overbought pressures. As a result, CME gold futures traded...
FxWirePro: Spotlight On Mexican Central Bank, Banxico’s Rate Cut On Cards & USD/MXN Options Trades
Aug 13, 2020 13:03 pm UTC| Research & Analysis Central Banks Insights & Views
Mexicos central bank, Banxico, is expected to cut its key interest rate for the fifth consecutive time today to support the economic recovery after the pandemic-related slump. Like the consensus, we expect a further large...

FxWirePro: Election Vols Render Relative Values In AUD/USD/RUB Via FVAs
Aug 13, 2020 12:07 pm UTC| Research & Analysis Insights & Views
With less than 100 days to go to the highly contested US election, investor focus around the event risk pricing has intensified. A record of sorts, the 2020 US election started receiving attention more than a year early....

Aug 13, 2020 09:06 am UTC| Research & Analysis Economy Insights & Views
The Corona crisis has hit the British economy comparatively hard. In addition, Brexit risks remain high, which is why we assume that the pound will continue to remain weak against the euro. Given that the UK and EU...

FxWirePro: USD/RUB Drivers, Projections & Trade Updates
Aug 12, 2020 13:52 pm UTC| Research & Analysis Central Banks Insights & Views
The Russian rouble had weakened earlier in the spring, driven jointly by a collapse of the oil price and collapse of world economic activity. But when both these factors stabilised, the currency was able to rally...

FxWirePro: What Is Spotted-Out In August Seasonality of FX Vol?
Aug 12, 2020 13:14 pm UTC| Research & Analysis Insights & Views
August FX vol bounce is real, particularly in yen crosses but monthly vol rallies tend to be only of the order of 1vol. This relatively benign outcome leaves us comfortable with carrying short skews as a core theta-earning...