FxWirePro: Stay long in Swiss franc against dollar in spot, via put versus euro
Mar 14, 2018 10:00 am UTC| Research & Analysis Insights & Views Central Banks
The Swiss franc has been the key underperformer this week amid the lack of market reaction to the outcome of the Italian elections and despite the ongoing focus on trade tensions. A clearly identifiable fundamental trigger...

FxWirePro: Dual digitals for Antipodeans on central banks' dovishness in APAC
Mar 14, 2018 08:22 am UTC| Research & Analysis Insights & Views Central Banks
The Aussie remains somewhat pricey compared to short-term fair value estimates, as yield differentials along the curve move steadily in the US dollars favor. This weight on AUD should only increase over the next year or...

FxWirePro: GBP/JPY OTC bids and FX derivatives hedging strategies ahead of BoE and UK CPI
Mar 14, 2018 07:08 am UTC| Research & Analysis Central Banks Insights & Views
As for monetary policy, we remain to be convinced that a modest increase in UK rates over and above what is now priced (we expect 50bp this year) will be a game-changer for GBP. Growth may have improved in the UK but the...

FxWirePro: Stay long NOKSEK in spot and in option form on Norwegian inflation
Mar 13, 2018 13:37 pm UTC| Research & Analysis Central Banks Insights & Views
Dear NOK traders, dont get excited prematurely. Only because the inflation target has suddenly been reached with the inflation data for January since Norges Bank lowered its inflation target from 2.5% to 2.0% does not mean...
JGB swap curve shrinks after recently announced Kuroda’s testimony
Mar 13, 2018 10:10 am UTC| Central Banks Research & Analysis Insights & Views
JGB and swap curve shifted downward this week. Much of the rally took place on Monday, retracing most of the sell-off last Friday after Kurodas testimony at a lower house hearing. As for the LCH-JSCC spread, a further...

FxWirePro: Taiwanese insurance companies keen on rolling FX hedges
Mar 12, 2018 12:51 pm UTC| Research & Analysis Central Banks
In longer dated vols, this week indicated that Taiwanese life insurance companies were actively extending the maturity of their FX hedges, Bloomberg reports. Whereas in the past they had focused primarily on 3-month...
Fundamentals to watch out for this week
Mar 12, 2018 12:40 pm UTC| Commentary Central Banks
In terms of volatility risks, this week is relatively quiet compared to the last one. What to watch for over the coming days: Central Banks: Reserve Bank of Australia (RBA) asst. Governor Kent is set for a...
US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave