FxWirePro: Glimpse at USD/CAD’s Driving Forces, OTC Outlook and Options Strategy Ahead of BoC

Jul 11, 2018 11:01 am UTC| Research & Analysis Central Banks

BoC (Bank of Canada) monetary policy is scheduled for today, the policy expectations have firmed up in the past week or more and the LFS data added some incremental conviction for a hike on Jul 11th. The breakdown (full...

FxWirePro: Glimpse at USD/CAD’s Driving Forces, OTC Outlook and Options Strategy Ahead of BoC

Jul 11, 2018 11:01 am UTC| Research & Analysis Central Banks

BoC (Bank of Canada) monetary policy is scheduled for today, the policy expectations have firmed up in the past week or more and the LFS data added some incremental conviction for a hike on Jul 11th. The breakdown (full...

Digital Currency Revolution

Litecoin shrugs-off strategic collaboration, rallies restrain below 21-DMA – Stay short as shooting stars coupled with bearish momentum signal weakness

Jul 11, 2018 09:13 am UTC| Research & Analysis Technicals Fintech Insights & Views

The minor trend of LTCUSD (at BITFINEX) slides through sloping channel, while back-to-back shooting stars and hanging man pattern candlesticks have popped up at channel resistance to nudge price below DMAs, To substantiate...

FxWirePro: ‘Diagonal Options Strips’ for CAD/JPY smart hedge ahead of BoC’s rate hikes

Jul 11, 2018 07:13 am UTC| Research & Analysis

Bearish CADJPY scenarios driven by: NAFTA renegotiations break down and breakup fears return BoC does not hike US growth expectations upgraded on policy driving a broad $ rebound Bullish CADJPY scenarios driven...

FxWirePro: Dollar eases amid trade-war and unemployment data, intricacies of LatAm Central Banks’ approach to keep FX volatility on check

Jul 06, 2018 13:55 pm UTC| Research & Analysis Central Banks

The minutes of the last FOMC meeting did not provide any ground-breaking insights as regards the central banks future approach. By and large, the FOMC members agree that further gradual rate hikes are opportune. There is...

FxWirePro: CAD payables to hedge via USD/CAD RKOs and Relative Trades in USD/CAD-USD/RUB for oil hedge, NAFTA edge and trade-war

Jul 06, 2018 12:42 pm UTC| Research & Analysis Central Banks

The minutes of the last FOMC meeting did not provide any ground-breaking insights as regards the central banks future approach. By and large, the FOMC members agree that further gradual rate hikes are opportune. There is...

FxWirePro: Buzzing bearish bids on 1m USD/CAD forward contracts on lingering hopes of BoC hike next week

Jul 06, 2018 11:43 am UTC| Research & Analysis Central Banks

Loonie has constantly been gaining despite todays minor price drops amid July hike hopes that still stays alive. The unexpected strength of the Canadian economy in April, continuing the strong monthly GDP prints for...