FxWirePro: Short NZD Trades Ahead of RBNZ
Aug 10, 2020 12:42 pm UTC| Research & Analysis Central Banks Insights & Views
NZD underperformed on a broad basis this week, and against both AUD and CHF. There has been little in the way of new information surrounding the RBNZs plans for potential LSAP expansion and the prospect for foreign asset...
FxWirePro: NZD Edgy Ahead of RBNZ, Kiwis MPS Preview & Hedging Perspectives
Aug 10, 2020 07:14 am UTC| Research & Analysis Central Banks Insights & Views
NZDUSD seems edgy now below 0.6618 as RBNZ is scheduled for their monetary policy for the day, we expect Kiwis central banker to aim to keep the stance of monetary policy unchanged at this MPS. There have been both...
FxWirePro: Deploy 3-Way Straddles For GBP/AUD Ahead of BoE & RBA
Jul 30, 2020 11:12 am UTC| Research & Analysis Central Banks Insights & Views
GBPAUD has gained almost 1.29% so far in this month, the pair has continued yesterdays marginal gains from 1.8080 to the current 1.8192 levels. We have turned modestly positive in GBP through 2021. But the Aussies...
FxWirePro: GBP/AUD Gains Momentum But Is It Momentary? Deploy Directional Hedges
Jul 30, 2020 09:06 am UTC| Research & Analysis Central Banks Insights & Views
GBP has gained support from progress in trade talks with the EU in July, even though the two parties remain far apart. GBPAUD has gained almost 1.29% so far in this month, the pair has continued yesterdays marginal gains...
FxWirePro: A Glimpse At Under-Pressure Dollar, FX Vols & Options Perspectives Ahead of FOMC
Jul 29, 2020 14:28 pm UTC| Research & Analysis Insights & Views Central Banks
The dollar is under pressure as month-end rebalancing is expected to see USD selling. However, US 10-year real yields continue to fall into record lows, which is also weighing on the USD. Todays focus is squarely on the...
Jul 29, 2020 08:21 am UTC| Research & Analysis Central Banks
The FOMC is also scheduled for this week but is expected to be overshadowed by fiscal negotiations. There is some possibility that the Fed could lengthen the duration of its purchases at this meeting, but the key FOMC...
FxWirePro: Dollar’s Softness And FX Derivatives Trades
Jul 28, 2020 13:10 pm UTC| Research & Analysis Central Banks Insights & Views
The US dollar has recovered some of yesterdays losses overnight but it is still close to recent lows against both the euro and sterling. The pound while strong against the dollar is still close to its recent trading lows...
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