FxWirePro: Ideal time for snapping USD/TRY dips and deploy vanilla calls as CBRT likely to remain focused on inflation and shut doors for speculators in lira

Dec 14, 2017 07:58 am UTC| Central Banks Research & Analysis Insights & Views

In todays MPC meeting of the Central Bank of the Republic of Turkey (CBRT), we reckon that the central bank would now want to guide a message that it seems credible on fighting inflation, discourage ongoing market...

FxWirePro: Hedge EUR/CHF via call ratio spreads on ECB’s expansionary versus SNB’s defensive monetary policy approach as rallies to prolong but in snail’s pace

Dec 13, 2017 14:13 pm UTC| Central Banks Research & Analysis Insights & Views

The Swiss National Bank (SNB) is likely to feel quite relaxed at its rate meeting tomorrow. EURCHF has now established itself above the 1.16 mark so that interventions against the franc have become unnecessary now. As a...

FxWirePro: Hedging intricacies of crude oil in 2018

Dec 13, 2017 13:46 pm UTC| Research & Analysis Insights & Views

US West Texas Intermediate crude goes up 66 cents at $57.80 a barrel while articulating ahead of EIAs inventory check today. The largest UK oil pipeline system, the Forties pipeline, was shut down on Monday to undergo...

FxWirePro: WTI crude minor trend spike through rising channel, bulls break-out symmetric triangle resistance but struggles for momentum

Dec 13, 2017 12:08 pm UTC| Technicals Insights & Views

Chart pattern formed- Rising channel on daily terms and Symmetric triangle resistance break-out on monthly terms. Major supports are observed at $57.18 and $55.77 levels, and bulls have managed to test these major...

FxWirePro: WTI’s crude’s demand/supply outlook ahead of EIA – hedge but no hedge

Dec 13, 2017 11:14 am UTC| Research & Analysis Insights & Views

Ahead of todays EIAs inventory check, lets just glance through the demand/supply equation of crude oil. Crude and product demand seems to be solid. Seasonal crude draws expected in coming weeks. US crude demand at/near...

FxWirePro: Be sensitive with gold's sensitivity to Fed rates – Bid 6m1m combinations of IVs and RR to deploy hedging vehicle

Dec 13, 2017 10:41 am UTC| Central Banks Research & Analysis Insights & Views

We expect the Fed to hike rates by 25bps today, bringing the funds rate to 1.375%. More interesting will be the Feds dot plot, particularly the median rate outlook in 2018. In short, the dots could have a marginally dovish...

FxWirePro: Short 1y USD/JPY skews via put spreads ahead of Fed and BoJ

Dec 13, 2017 07:24 am UTC| Central Banks Research & Analysis Insights & Views

The key attention today will be on the Fed but if you look through the What to watch today, the answer is rate hike of 25 bpstonight is fine, but how much in 2018? The Fed will almost certainly hike rates by...