
Mar 06, 2017 11:38 am UTC| Research & Analysis Insights & Views
Following the Fed minutes last week, the low signal-to-noise ratio delivered from Washington, and the latest global cyclical data, we see fewer catalysts that would push LatAm currencies weaker versus the USD over the...

Mar 06, 2017 09:36 am UTC| Research & Analysis Insights & Views
We do not chase the strong price action in higher yielding currenciesand stay neutral on ZAR, TRY and RUB. EM local markets have staged an impressive rally in the past three months. The question for investors is whether or...
Mar 06, 2017 08:32 am UTC| Research & Analysis Economy
Member countries of the Economic and Monetary Community of Central Africa (CEMAC) face dwindling financing options as they struggle to adjust to the ongoing impact of lower oil prices and are increasingly likely to turn to...

Mar 06, 2017 07:49 am UTC| Research & Analysis Insights & Views
Finally sustained the break above the very important 1.0765 area, and now targets 1.0875 (Feb 2016 minor peaks) during the week ahead. The cross remains well below fair value estimates implied by interest rates,...

FxWirePro: Why does Korean Won look so cheaper still? Add hedging package
Mar 03, 2017 12:15 pm UTC| Research & Analysis Insights & Views
KRW still cheap relative to global reflation theme. At face value, we dont believe all of the good news is priced in. The short term fair value model has taken another leg lower and now sits around the 1100 level (refer...

Mar 03, 2017 11:54 am UTC| Research & Analysis Insights & Views Economy
The above diagram explains 1m implied volatility with a forward start of 15 April (i.e. just before the commencement of French presidential elections) for a number of currency pairs. While G7 currency pairs, including...

Mar 02, 2017 11:06 am UTC| Research & Analysis Central Banks
OTC Updates: Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency segment. While, the 25-delta risk of reversal of EURCHF has also not been...