FxWirePro: Fed or RBA? Never get caught-up between two stools - Caution on AUD/USD call spreads

Feb 28, 2019 12:46 pm UTC| Research & Analysis Central Banks

Anyone, if at all, is holding AUDUSD call spreads with the optimism that USD would come under modest pressure in the wake of the dovish FOMC, and that AUD was well placed to capitalize on this given the already inverted...

FxWirePro: A Run Through on Phases of Bitcoin Booming Cycles

Feb 28, 2019 11:53 am UTC| Research & Analysis Digital Currency Technicals Insights & Views

One can expect financial market bubbles in various kinds of asset classes, especially after the 2008 debt crisis, this terminology (bubble has been frequently utilized during bearish trend). However, one shouldnt forget...

FxWirePro: Brexit Hedging Intricacies - Sterling in High Spirits on Lingering Optimism of Brexit With Deal, But Prolonged Bears Beams-up With Scepticism

Feb 28, 2019 09:25 am UTC| Research & Analysis

Sterling appears to be optimistic of upside traction of late. It is trading at almost the same levels against the euro as seen in May 2017. The reason is the very real hope of a happy end, i.e. a Brexit with a deal, even...

FxWirePro: AUD/USD Projections, OTC Outlook, and Hedging Perspectives

Feb 28, 2019 08:49 am UTC| Research & Analysis

AUDUSD in near terms:The upswings is capped at 0.7150 levels, downside risks from the overnight reversal. The medium-term perspectives:The FOMCs dovish turn likely to drive AUDs upside traction in the near-term, while...

Heads of Wall Street Companies Seem Constructive on Prospects of Cryptocurrencies

Feb 28, 2019 07:22 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Weve already stated in our recent post about the mounting interests of Wall Street companies in cryptocurrency avenues. Despite the prolonged struggle of cryptocurrency market about more than a year or so, quite a few...

FxWirePro: RV Analysis for Hedging Purpose Among G10 FX Universe

Feb 27, 2019 13:28 pm UTC| Research & Analysis

We go and repeat the cross-sectional analysis by considering EUR and JPY as the base currencies (refer above nutshell). The R2 of the 2-d regression analysis on the EUR has associated a lower R2 (75%) than for USD and JPY...

FxWirePro: Need and Drivers of Hedging in G10 and EMFX Universe

Feb 27, 2019 13:03 pm UTC| Research & Analysis

The pound rallied to the highest levels this year against both the US dollar and the euro, following the PMs statement yesterday. GBPUSD and GBPEUR increased to highs of 1.3288 and 1.1678. But the geopolitical risk events...