
FxWirePro: Don’t miss one-off opportunity – a run through on USD/CNH reverse spreads
Jun 07, 2017 06:54 am UTC| Research & Analysis Insights & Views
The sharp appreciation of CNH was a major development in FX markets this week. Coming on the heels of a change in the PBoCs daily USD/CNY fix mechanism the previous Friday, markets seem to have interpreted these moves as...

FxWirePro: CNH vols expressions via vega neutral straddles and vols spreads
Jun 06, 2017 12:30 pm UTC| Research & Analysis Insights & Views
The sharp appreciation of CNH was a major development in FX markets this week. Our working assumption is that the velocity, if not the extent of additional CNY strength will moderate going forward but not reverse...
Jun 06, 2017 10:29 am UTC| Central Banks Research & Analysis Insights & Views
We expect a hawkish tone from theECBat the meeting in June after it was perceived as slightly dovish at the latest meeting. A lot of speculation among market participants has been on whether theECBwill change its...

Jun 06, 2017 10:10 am UTC| Research & Analysis Insights & Views Central Banks
The sharp appreciation of CNH was a major development in FX markets this week. Coming on the heels of a change in the PBoCs daily USDCNY fix mechanism the previous Friday, markets seem to have interpreted these moves as...

Jun 06, 2017 08:08 am UTC| Research & Analysis Insights & Views
AUDUSD contained in a 0.7600-0.7700 range. AUDUSD medium term perspectives: Although the pair bounces off the 0.7450, the upside area should be limited to 0.7600. RBA has limited the downside on AUDUSD during the next...

FxWirePro: Why is market vol so low despite global monetary policy season?
Jun 06, 2017 06:20 am UTC| Research & Analysis Insights & Views Central Banks
Within next fortnight or so, we have series of monetary policy meetings lined up. A very low supply of economic surprises currently is by itself enough to explain the low level of market volatility. RBAs cash rate today...

FxWirePro: Macro trade recommendations – Stay short in AUD vs CHF and EUR, long in CHF vs USD
Jun 05, 2017 14:23 pm UTC| Research & Analysis Insights & Views Central Banks
AUD money markets rates have rallied by more than any other G10 currency over the past month (see above chart). In the process, the front-end of the curve has inverted again as rate cuts have started to be priced again...