FxWirePro: Deploy USD/BRL Calendar Spreads on Lingering Hopes of BCB Rate Cuts

Oct 30, 2019 12:43 pm UTC| Research & Analysis Central Banks

How much further will the Brazilian central bank (BCB) cut its key rate? Today it will certainly cut it by a further 50bp to then 5%. It had signalled its willingness to do so at its last meeting in September, and the...

FxWirePro: Spotlight on AUD’s Vols Divergence To EMFX and FVAs Ahead of RBA and Fed

Oct 30, 2019 12:05 pm UTC| Research & Analysis Central Banks

The Aussie has closed within a 0.6700 - 0.6900 range every day since late July. Iron ore prices are rolling over on patchy demand and resilient supply, while we believe the US and China still have major hurdles which will...

FxWirePro: Diagonal Put Options Spread To Keep AUDUSD Exposures Out Of The Woods Ahead of Fed

Oct 30, 2019 10:53 am UTC| Research & Analysis Central Banks

Even though the end of the line is unlikely to have been reached in the Reserve Bank of Australias (RBA) rate cut cycle, the end is approaching.The Q3 inflation data, which was published this morning, confirms that.As for...

RBI’s dovish stance, ongoing tax review likely to send Indian share prices even higher: Scotiabank

Oct 30, 2019 07:24 am UTC| Commentary Central Banks

The Reserve Bank of Indias (RBI) dovish stance and the ongoing tax review will likely send Indian share prices even higher, supportive of the INR amid continued risk-on sentiment, according to the latest research report...

FxWirePro: What Drives USD/CAD In Conjunction With Fed And BoC? Diagonal Call Spreads To Hedge

Oct 29, 2019 10:55 am UTC| Research & Analysis Central Banks

USD drops on US-China trade optimism, FX markets await Fed and nonfarm. Primarily, the FOMC outcome later this week for clues on direction. Additionally, the BoJ andBoChold meetings this week, although neither is expected...

PBoC likely to start preparing for potential appreciation in the yuan following downward pressure on USD/CNY this month, says Scotiabank

Oct 29, 2019 05:54 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to start preparing for potential appreciation in the yuan, following emerging downward pressure on the USD/CNY that has prompted the central bank to set the pair slightly higher...

FxWirePro: Take A Glance At Low ATM FX Vols Amid Brexit Drama and Trading Strategies

Oct 28, 2019 11:28 am UTC| Research & Analysis Central Banks

The EU will most likely grant the Brits another extension of their EU membership as could have been expected and as the current news flow suggests. As a result Thursday (the date for which Brexit was originally planned)...