FxWirePro: Bullish and bearish scenarios of GBP/AUD

Jun 13, 2017 06:48 am UTC| Research & Analysis Insights & Views

Bearish Sterling Scenarios: 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...

Moody's changes outlook for Indonesian banking system to positive from stable

Jun 13, 2017 03:12 am UTC| Research & Analysis

Moodys Investors Service has changed its outlook on the Indonesian banking system to positive from stable, reflecting their view that banks will see improvements in their operating environment, asset quality, as well as...

FxWirePro: USD/CAD IVs least among G7 space – Deploy “Covered calls” on neutral OTC

Jun 12, 2017 13:00 pm UTC| Research & Analysis Insights & Views

We could foresee a bullish scenario of USDCAD above 1.43 driven by: 1) The US moves ahead on border adjustments or NAFTA negotiations turn sour; 2) US-Canada trade negotiations turn acute and negative with a...

FxWirePro: Waning crude outlook & improving cyclicals to puzzle Loonie’s prospects

Jun 12, 2017 11:18 am UTC| Research & Analysis Insights & Views

In May, CAD appreciated over 2%, retracing more than half of late April sharp sell-off. In part, this triggered by the broad USD sell-off that unfolded following weak data and the emergence of US presidential scandal risk....

FxWirePro: A glimpse through commodity driven currencies - EMFX and Antipodean trade basket

Jun 12, 2017 10:58 am UTC| Research & Analysis Insights & Views

The big winner was the Mexican peso, back to levels it hasnt seen since last summer as Trump trades are unwound all over the place. In G10 there are several currents affecting the markets at the same time. The first was...

FxWirePro: Bridge the gap in volatility outlook of EUR/USD in H2’2017 and deploy FX derivatives trades

Jun 12, 2017 09:52 am UTC| Research & Analysis Insights & Views

EURUSD volatility remains depressed, but the euro appreciation that we expect is likely to be turbulent. In the process, the skew could flip in favour of EUR calls for the first time since 2009. The next semester should...

FxWirePro: Deploy collar spreads to hedge EUR/JPY, bearish-neutral risk reversals, shrinking IVs and skews to bid call on short leg and put on long leg

Jun 12, 2017 07:51 am UTC| Research & Analysis Insights & Views

The nutshell showing delta risk reversal of EURJPY explains that hedgers interests have been bearish-neutral but downside risks are still lingering, however, no new shift in sentiments is observed both in short and long...