FxWirePro: Deploy USD/BRL Digital Optionality for Range Selling Expression
Jul 19, 2019 12:35 pm UTC| Research & Analysis
By the year-end, USDBRL is forecasted at 3.90 level. The road to social security reform continues to be the main driver of BRL and we maintain the view that reform is more likely to pass this year than not, which underpins...

FxWirePro: A glimpse on BRL vol calendar expression
Jul 19, 2019 11:31 am UTC| Research & Analysis
When focusing on pure vol plays, a natural implementation for the short EMFX vol theme is via delta-hedged calendar spread, where the short-vol leg benefits from the vol carry and the long leg serves as a hedge. At current...

FxWirePro: Canada To Print Retails Sales Data - Uphold CAD/JPY Options Strips
Jul 19, 2019 10:45 am UTC| Research & Analysis
CADextends recent consolidation as fair value continues to drift from the recent high. The NZD andCADare leading G10 gains against the USD intraday, although the broader risk backdrop is hardly constructive European...
Blockchain Revolution Series: IOST Collaborates With Boomstarter For Fundraising Program
Jul 19, 2019 08:29 am UTC| Research & Analysis Digital Currency
IOST, one of the top 50 coins and the next generation blockchain infrastructure announces thecollaboration with Boomstarter, which is the largest crowdfunding platform in Eastern Europethat has assisted projects to raise...
FxWirePro: CFTC Slams Former Hedge Fund Portfolio Manager With Penalty
Jul 19, 2019 06:49 am UTC| Research & Analysis Insights & Views
The CFTCs regulatory mechanism in duality, especially trading organizations: Designated Contract Markets and Swap Execution Facilities. The Commodity Futures Trading Commission (CFTC) hasissuedan order filing and...

FxWirePro: Debit Call Spreads To Hedge USD/KRW as BoK clips in doves camp
Jul 18, 2019 14:52 pm UTC| Research & Analysis Central Banks
The Asian FX view remains biased in favor of weaker North Asian FX, against the dollar as well as on a relative basis versus less trade-challenged currencies of South Asia. KRW is the poster child for the former, as the...

FxWirePro: The Driving Forces of Bearish South African Rand – Bull Put Spread to Hedge USD/ZAR
Jul 18, 2019 13:42 pm UTC| Research & Analysis Central Banks
The developments at the global level, especially the Fed and ECB interest rate cuts that the market is increasingly expecting for as early as July, and stable prospects for domestic inflation data speak in favor of a SARB...