FxWirePro: Is Japanese Yen still a safe-haven or not, keep FX risk on check
Feb 26, 2018 11:41 am UTC| Research & Analysis Insights & Views
The strong US dollar depreciation seen since mid-December seems to have been stopped for now and most recently the US currency was able to regain some lost ground again. There is only one currency in the G10 universe that...

Rate hike by the Norges Bank in Dec 2018 remains on cards, NOK upside likely in the coming months
Feb 26, 2018 11:08 am UTC| Insights & Views
Norways mainland GDP grew by 0.6 percent quarter-on-quarter in Q4, with the yearly growth rate rising to 2.6 percent. The Norwegian economic growth is above trend and analysts at DNB Markets estimate trend growth to about...

FxWirePro: Spotlight on long gamma in precious metals
Feb 26, 2018 11:00 am UTC| Research & Analysis Insights & Views
Long gamma in precious metals: Two weeks ago our fundamentals analysts flipped bullish precious metals and now expect Gold to extend the bounce by about 2-3% by the end of Q2 and Silver to catch up on the move with a...

Feb 26, 2018 09:53 am UTC| Research & Analysis Insights & Views
The recent JPY appreciation has already brought USDJPY below our year-end target (108). What is puzzling us is that correlations between USDJPY and the Nikkei/yield gap have been extraordinarily unstable. While the JPY...

FxWirePro: USD/JPY KNI put spreads to sync with 1m/3m OTC indications
Feb 26, 2018 09:05 am UTC| Research & Analysis Insights & Views
The strong US dollar depreciation seen since mid-December seems to have been stopped for now and most recently the US currency was able to regain some lost ground again. There is only one currency in the G10 universe that...

FxWirePro: A glance at how EMFX space positions towards US real yields
Feb 23, 2018 12:45 pm UTC| Research & Analysis Insights & Views
EM currencies rely more on carry for returns. But valuations arent yet demanding and the growth backdrop offsets gradual Fed rate hikes. The PLN and CZK are our picks among low-vol EM currencies, and we think the MXN, TRY...
FxWirePro: Stay long in CHF versus EUR in cash and against USD via RKO
Feb 23, 2018 12:27 pm UTC| Research & Analysis Insights & Views
Sell EURCHF cash, avoid short cash position in USDCHF but maintain shorts via optionality structures preferably via put RKOs of 1m tenor. It is advised to stop out of shorts USDCHF at a small profit intra-week. However,...