FxWirePro: USD/RUB Drivers, Projections & Trade Updates

Aug 12, 2020 13:52 pm UTC| Research & Analysis Central Banks Insights & Views

The Russian rouble had weakened earlier in the spring, driven jointly by a collapse of the oil price and collapse of world economic activity. But when both these factors stabilised, the currency was able to rally...

FxWirePro: Dollar Seems Apprehensive On Fed’s Concerns, Short USD/CHF

Aug 12, 2020 10:17 am UTC| Research & Analysis Central Banks Insights & Views

Negotiations on a new economic stimulus package in the USA are still at an impasse. Since Friday there are said to have been no more direct talks between Democrats and Republicans. The markets and the Dollar are still...

FxWirePro: Kiwis tumbles as RBNZ maintains status-quo but intends for LSAP – Uphold ‘diagonal put spreads’ to hedge NZD/USD

Aug 12, 2020 07:11 am UTC| Research & Analysis Central Banks Insights & Views

The Kiwis central bank (RBNZ) left the stance of monetary policy broadly unchanged today, as widely anticipated. The RBNZs headline was that a further easing in monetary policy has been delivered. But it is further only in...

FxWirePro: Deploy ‘Diagonal Put Spreads’ To Hedge NZD/JPY Ahead of RBNZ

Aug 11, 2020 08:07 am UTC| Research & Analysis Central Banks Insights & Views

This week, RBNZs monetary policy is scheduled, although it is unlikely to be dramatic for markets, since net economic developments since May are roughly neutral, the Kiwis central bank may further expand its asset purchase...

FxWirePro: Turkish Lira Signals Further Depreciation Pressures – FxWirePro’s USD/TRY ‘Debit Call Spread’ Delivers As Desired

Aug 10, 2020 14:22 pm UTC| Research & Analysis Central Banks Insights & Views

The Turkish lira continued to sell-off towards the latter part of last week, although the momentum eased off as the weekend drew near. CBT and the banks regulator BDDK often make policy announcements such as RRR change or...

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...