FX Hedging Strategy Series

FxWirePro: Use momentary PLN loses in put ladder to hedge USD/PLN depreciating risks on Polish rate cut expectations

Oct 04, 2016 13:03 pm UTC| Central Banks Commentary

As per the National Bank of PolandsMPC, the latest minutes unpredictably indicated that several MPC members are willing to consider rate cuts. This comes as a surprise because individual interviews in recent months tended...

FxWirePro: Current WTI rally likely to extend by another 10 percent

Oct 04, 2016 12:42 pm UTC| Commentary

Over the past week or so, crude oils have been one of the top performing asset classes and all thanks are due to the members of the OPEC, who could set aside their differences and agree to an ambitious deal (not finalized...

U.S. non-farm payrolls likely to have increased in September

Oct 04, 2016 12:42 pm UTC| Commentary

Non-farm payrolls in the U.S. are expected to have increased in September; however, below the consensus projection. According to a Danske Bank research note, non-farm payrolls are likely to have risen 160,000 in September...

FTSE hits 17-month high, sterling at 31-year low

Oct 04, 2016 12:26 pm UTC| Commentary

UKs benchmark stock index, FTSE100 has hit the highest point in almost one and half years, while the sterling has dropped to 31 year low. We have been expecting the move in sterling especially after an array of better...

National Bank of Poland likely to stand pat on Wednesday

Oct 04, 2016 12:26 pm UTC| Commentary

The National Bank of Polands Monetary Policy Council is likely to stand pat during its meeting tomorrow. According to a Societe Generale research note, the central bank is expected to keep the key rate on hold at 1.5...

U.S. ISM non-manufacturing index likely rebounded in September

Oct 04, 2016 12:17 pm UTC| Commentary

The U.S. ISM non-manufacturing index is expected to have recovered in September after it dropped by around four points in August to 51.4, which was the lowest reading since February 2010. The August result was unexpected,...

U.S. Government bonds slump on stronger than expected ISM manufacturing data

Oct 04, 2016 12:17 pm UTC| Commentary

The U.S. Treasuries were sold off following the release of stronger than expected ISM manufacturing data for September (51.5, up from 49.4 in August). This overshadowed the weaker than expected construction spending result...