FxWirePro: Achieve costless hedging for USD/BRL using options seagull
Jan 18, 2018 11:39 am UTC| Research & Analysis Insights & Views
Since mid-September, USDBRL managed to surge well above the 3.20 mark after having traded sideways within a range from 3.10 to 3.20 in the summer. All in all, the BRL seems to be robust again despite political scandals...

FxWirePro: Three predominant driving forces of BRL’s bullishness – Options seagull to tackle trios
Jan 18, 2018 10:22 am UTC| Research & Analysis Insights & Views
Even though the high-yielding currencies have become consensus trades for 2018, it is maintained a more bullish stance than consensus on BRL short-term. In 2018, EMFX space relies more on carry for returns. However, the...

FxWirePro: ATMF vs ATMS call spreads into dual EMFX pairs
Jan 18, 2018 09:47 am UTC| Research & Analysis Central Banks Insights & Views
As USDCNY breached a key support at 6.4772 levels recently, the market seems to be curious whether Chinese central bank would step up an effort to prevent its currency from appreciating too drastically. China, with a...

FxWirePro: Bullish/bearish scenarios of USD/JPY and hedging framework ahead of BoJ meeting
Jan 18, 2018 06:35 am UTC| Research & Analysis Insights & Views Central Banks
Bullish scenarios USDJPY to 125 if: 1) The strong US growth leads aggressive Fed hikes and a spike in UST yields, resulting in broad USD strength, and 2) Japanese governments fiscal policy becomes more expansionary and...

FxWirePro: Yen stands out in low regime in 2018 – Double-No-Touch to tackle JPY softness
Jan 18, 2018 05:58 am UTC| Research & Analysis Insights & Views
Please have a glance in above nutshell evidencing ATM IVs, no pair is having implied volatilities above 8.5% except 1w USDCAD contracts. Amid this depressed vols circumstances, we find that yen crosses have strong...

Jan 17, 2018 12:20 pm UTC| Research & Analysis Insights & Views Central Banks
The recent Canadian developments have reinforced dual perspectives on CAD prospects through 2018 that the resumption of gradual BoC normalization would drive outperformance vs lagging peers, but that NAFTA remains a...

Jan 17, 2018 11:40 am UTC| Research & Analysis Insights & Views
Its been a great beginning for the crude prices in 2018, with Brent crude futures about to touch $70/bbl, their highest level since Dec 2014. Brent is up by 14.5%since the OPEC-NOPEC meeting on 30 November 2017and was up...