FxWirePro: Snippets of EMFX and outright FX trades
Nov 17, 2017 11:40 am UTC| Research & Analysis Insights & Views
The headwinds we highlighted last week for EM FX remain; negative EM political news flow is high, US tax reform discussions continue to provide upside USD risk, and EM FX positioning remains crowded even though outflows...
FxWirePro: Snippets of EMFX and outright FX trades
Nov 17, 2017 11:40 am UTC| Research & Analysis Insights & Views
The headwinds we highlighted last week for EM FX remain; negative EM political news flow is high, US tax reform discussions continue to provide upside USD risk, and EM FX positioning remains crowded even though outflows...

Nov 17, 2017 11:05 am UTC| Research & Analysis Insights & Views
Crude oil markets are growing nervous, days before OPEC is due to meet in Vienna on 30 November. Front-month prices on ICE Brent are currently retracing around $61.50, down $3 from the November highs and putting a pause to...
FxWirePro: Two EMFX options trades blessing in disguise
Nov 17, 2017 10:23 am UTC| Research & Analysis Insights & Views
In this write-up, we emphasize on ZAR short vs a 50:50 USD:EUR basket and shorting EURHUF through a 6m seagull: In EM, ZAR kept showing weakness constantly against both dollar and the euro since last March 2017,...

Nov 17, 2017 07:21 am UTC| Research & Analysis Central Banks Insights & Views
We look for AUDUSD to finish the year around 0.76, so long as markets maintain a very high probability of a Fed interest rate rise in December along with a neutral RBA outlook deep into 2018 and commodity prices remain...

Nov 17, 2017 06:17 am UTC| Technicals Insights & Views
From last two weeks, AUDUSD trend has been tumbling ever since bearish engulfing and doji patterns have occurred at 0.7646 and 0.7677 levels (refer daily chart). The failure swings were observed at the stiff resistance...

Nov 16, 2017 13:12 pm UTC| Research & Analysis Insights & Views
The UK retail sales showed the first annual decline since March 2013 at the start of the fourth quarter. Sales were up 0.3% compared to September beating analysts expectations of a mere 0.1% rise - but down 0.3% on the...