
Apr 17, 2018 07:40 am UTC| Research & Analysis Insights & Views
The potential near-term NAFTA break-through is a potential catalyst for the recent retracement of this underperformance to run significantly further. Therefore we buy CADJPY (bought at 84.036, stop at 82.34) as a best...

Apr 17, 2018 06:12 am UTC| Research & Analysis Insights & Views
The back and forth in the NAFTA renegotiations has been the main driver of CAD exchange rates in recent months. In the interim, we expect the broad USD to continue to appeal to its countercyclical properties and continue...

FxWirePro: Buy CAD/JPY ahead of Canadian monetary policy, Fed and BoC policy divergence in focus
Apr 16, 2018 16:56 pm UTC| Research & Analysis Insights & Views
Beyond the unwind of the earlier premium versus a heavily broadly discounted dollar as discussed earlier, the other major driver of the 7% trough-to-peak backup in USDCAD in 1Q was the divergence of policy pricing between...

FxWirePro: Low vols option play - EUR/USD IVs still least among G10 FX universe
Apr 16, 2018 09:13 am UTC| Research & Analysis Insights & Views
EURUSD short-term implied valuations remain oriented south (preference to stay top heavy), perhaps in anticipation of a slightly less confident ECB going ahead. Expect resistance towards 1.2290 and the 55-day MA (1.2339)...

Apr 16, 2018 08:19 am UTC| Research & Analysis Insights & Views
In a context of low yields, depressed volatility and range-bound markets, writing options provide an appealing alternative to the FX carry trades but theta monitoring is what makes wise in winning such trades. The...
FxWirePro: Key fundamental driving forces and RV trades of EUR/USD
Apr 16, 2018 06:04 am UTC| Research & Analysis Insights & Views
Whats lacking from our perspective is convincing evidence that the US economy is pulling materially ahead of international peers and that US exceptionalism is returning as the theme for the FX market. Set aside this there...

FxWirePro: Beware of FX-unhedged foreign bond investment
Apr 13, 2018 13:41 pm UTC| Research & Analysis Insights & Views Central Banks
It is observed that the Japanese retail investors likely to surge foreign stock investments through investment trusts especially between May and July as we saw in the past two years. It is also expected that the USDJPY to...