
Jul 11, 2017 10:15 am UTC| Research & Analysis Central Banks Insights & Views
Vey recently many voiced surprising tone at this juncture about the JPY weakness. Neither the recent Bank of Japans recent measures to cap long-term yields close to zero nor BoJ governor Haruhiko Kurodas dovish comments...

FxWirePro: Time decay favors cable’s strangle writing, Theta on its functionally
Jul 11, 2017 08:03 am UTC| Research & Analysis Insights & Views
Please be noted that the implied volatilities of GBPUSD ATM contracts from the nutshell evidencing ATM IVs of all expiries have been shrinking below 7.5%, in addition to that the underlying spot FX has been in range...

FxWirePro: Stay short hedge ahead of BOE MPC members commentaries
Jul 11, 2017 07:56 am UTC| Research & Analysis Central Banks Insights & Views
Amid the June Bank of England MPC vote split in which three members voted for an immediate rate hike and the recent flurry of speeches from officials, we have yet to hear from Deputy Governor Ben Broadbent. He is scheduled...
Jul 10, 2017 12:30 pm UTC| Research & Analysis Insights & Views
We at FxWirePro could foresee USDMXN at 20 over 2H17 on a putative disorderly renegotiation of NAFTA, de-anchoring inflation expectations leading to bond outflows and local politics volatility. In adverse case scenario,...

FxWirePro: ECB to unfasten monetary policy, bund volatility likely to propel EUR/JPY upside further
Jul 10, 2017 11:21 am UTC| Central Banks Research & Analysis Insights & Views
Yet a central bank cant impose short-term restraint on a financial cycle running for several years. When excesses become apparent, its too late to act against them. A financial cycle is like a stately container ship; if it...

FxWirePro: Deploy USD/TRY straddle amid CBT’s regime for FX swap deposits
Jul 10, 2017 09:15 am UTC| Central Banks Research & Analysis Insights & Views
Last month, the central bank of Turkey (CBT) left its benchmark one-week repo rate at 8 pct in its last monetary policy meeting on June 15th, 2017 as widely expected. Policymakers noticed the economic recovery is gathering...
Jul 10, 2017 08:47 am UTC| Central Banks Research & Analysis Insights & Views
Last week the Bank of Japan did what it has been doing for some time and had also announced, i.e. to keep yields close to zero. JPY came under pressure. Accordingly, the bullish influence would be the most direct on the...