FxWirePro: Mild shift in Sterling’s OTC sentiments – Diagonal Debit Spreads for Optimized hedging

Feb 25, 2019 07:52 am UTC| Research & Analysis

Cables prices are trying to break down although intra-day price action remains very choppy. A move through 1.1270 would add further conviction to our view that prices should re-test and potentially break the previous...

FxWirePro: Old Wine In The New Bottle, If Hedging Sterling Awful, Swiss franc Instrumental

Feb 22, 2019 13:03 pm UTC| Research & Analysis Insights & Views

Before we run you through the core part of this write-up, lets just quickly glance at the bearish and bullish scenarios of Swiss franc: Bearish CHF Scenarios: 1) No Brexit (revocation of Article 50 and/or a second...

FxWirePro: Fresh bids in OTC AUD markets on Chinese risks to Aussie, Are exorbitantly priced ATM puts justifiable?

Feb 22, 2019 12:28 pm UTC| Research & Analysis

Overnight the Australian government rejected reports that in some Chinese ports coal imports were not being handled at all or only with delays. It was unable to make AUD retrace yesterdays losses with these comments. The...

FxWirePro: Long USD/CHF Call Butterfly Spreads Best Suitable on Sluggish IVs and Well-Balanced Skews

Feb 22, 2019 11:52 am UTC| Research & Analysis

We have upgraded the risk bias around the forecasts from CHF negative to neutral. The pair (USDCHF) has been oscillating between 1.0060 0.9560 levels from the last couple of months. This long-lasting tight range-bounded...

Blockchain Revolution Series

IBM's Chief of Blockchain and Cryptocurrencies Sets Mammoth Targets for Bitcoin Price

Feb 22, 2019 07:50 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Companies like IBM have time and again laid emphasis on the facts of cryptocurrency prospects and have promoted the integration of Blockchain based system with the conventional business environments, such as banking, trade...

Bullish/Bearish Scenarios, OTC Indications and Hedging Perspective of EUR/CAD

Feb 22, 2019 06:25 am UTC| Research & Analysis

Bearish EURCAD Scenarios: 1) Euro area growth fails to rebound much above 1% and the ECB softens the guidance for ratehike towards the end of 2019 or indeed even 2020, 2) The extended political protests in France...

FxWirePro: A run through on richness and cheapness among G10 FX universe

Feb 21, 2019 13:11 pm UTC| Research & Analysis Insights & Views

There has been substantial FX market moves over the past month and this has led to some changes in the ranking of currencies on this framework. The positive momentum of the FOMC minutes for the US dollar did not last...