FxWirePro: Bullish Asian EMFX themes
Jul 19, 2017 07:37 am UTC| Research & Analysis
Stay short in USDTHB: Parameters: Sell USDTHB, target 32.60, stop 34.60. Thesis: Further THB gains are likely on the strong fundamental balance of payments support, foreign investor inflows, stable politics, and...

Jul 19, 2017 07:15 am UTC| Central Banks Research & Analysis Insights & Views
Bearish dollar scenarios: 1) Fed doesnt tighten again in 2017 or allow the balance sheet run-off to begin. 2) Chinese growth turns higher in Q3 and Q4, compared to consensus expectations of stability or modest...

FxWirePro: Execute GBP/JPY options straps to capture smile convexity
Jul 18, 2017 09:15 am UTC| Research & Analysis Insights & Views
In this write-up, we emphasize on GBPJPY IVs that are highest among G7 FX space. Please be noted that the nutshell showing the positively skewed IVs of GBP against JPY options has been showing well-balanced risks both...
FxWirePro: Bullish, bearish scenarios, forecasts and hedging vehicle of Sterling and Yen
Jul 18, 2017 07:43 am UTC| Research & Analysis Insights & Views
Bearish Scenarios Sterling: 1) Growth slows below 1% as consumers are squeezed by inflation and falling house prices. 2) Outright capital repatriation from slower moving long-term investors including central...
FxWirePro: EMFX sentiments move in tandem with UST yields
Jul 17, 2017 12:58 pm UTC| Research & Analysis Insights & Views
EM FX has depreciated against the dollar (CEE FX has outperformed in line with a higher EURUSD), as core yields have continued to move higher (bund yields: +32bp, 10y UST yields: +25bp) and commodity prices have softened....

FxWirePro: Bullish, bearish scenarios and hedging perspectives of USD/MXN
Jul 17, 2017 12:37 pm UTC| Research & Analysis Insights & Views
Bullish Scenario: USDMXN at 20 over 4Q17 on a hypothetical disorderly renegotiation of NAFTA leading to bond outflows and local political volatility. We at FxWirePro could foresee USDMXN at 20 over 2H17 on a putative...

FxWirePro: Sterling OTC seems to be uninterested in Brexit negotiations
Jul 17, 2017 11:25 am UTC| Research & Analysis Insights & Views
Sterling OTC FX functions seem to be tepid, out of the limelight but underlying spot movements havent been out of the woods. Amid the consolidation phase of GBPUSD, it has bottomed out at 1.1986 levels and bounced back to...