FX Hedging Strategy Series

FxWirePro: EUR/JPY bulls bet ahead of Draghi’s speech, surveys gain solid momentum but skepticism still lingers – Rosy times for hedgers to bid put writings

Nov 21, 2016 07:52 am UTC| Central Banks Research & Analysis

Euro area composite PMI post a solid gain in October, signaling 1.8% ar GDP growth. Improvement was broad-based by sector and countryand was reinforced by IFO and EC surveys Last weeks Q316 flash GDP prints an...

Fundamentals to watch out for this week

Nov 21, 2016 06:45 am UTC| Commentary Economy Central Banks

Compared to last week, this week is less risk heavy due to lack of high profile events or data. However, there are few events and releases this week, which could add some serious volatility in the market. What to watch...

FxWirePro: The Day Ahead- 21st November, 2016

Nov 21, 2016 03:27 am UTC| Commentary Economy Central Banks

Few economic dockets scheduled for today and all with low to medium risks associated. Upcoming: Japan: All industry activity index for September will be published at 4:30 GMT. Greece: Current account...

No rolling back on eurozone bank sector regulation – ECB’s Draghi

Nov 18, 2016 14:33 pm UTC| Commentary Central Banks

At his speech at the European Banking Congress, Mario Draghi, President of the European Central Bank, said the time has come to end the regulatory bank agenda, adding that there should be no rolling back on bank...

FX Hedging Strategy Series

FxWirePro: Mexican peso gives up momentum in recent rallies despite Banxico’s 50 bps hikes - Uphold USD/MXN longs with smart hedge

Nov 18, 2016 10:04 am UTC| Central Banks Research & Analysis

After 3-4 days of bearish streaks in USDMXN, bulls have resumed again in its major bull trend, spiked from the lows of 20.1265 levels to the current 20.6205 levels, rallies continued after Mexican central banks monetary...

Central Banking Series

Central Banking Series

Central Banking Series

ECB’s easing to continue as inflation remains below target

Nov 18, 2016 09:49 am UTC| Commentary Central Banks

European Central Bank (ECB) is very much likely to continue with its accommodative monetary policies according to European Central Banks (ECB) president Mario Draghi. According to Mr. Draghis speech in Frankfurt, the...

Turkish lira weakens despite CBT increasing USD supply in market

Nov 18, 2016 09:40 am UTC| Commentary Central Banks

Yesterday, the Turkish lira depreciated against the USD again to a new low even as the Central Bank of Turkey attempted to stem the tide by raising USD supply in the market. Regular FX auctions were used by the previous...