
Nov 16, 2017 12:20 pm UTC| Research & Analysis Central Banks Insights & Views Technicals
Will the Bank of Korea (BOK) initiate Asias rate hike cycle? The market thinks so. KRW strengthened by more than 1% against USD this week, with USDKRW touching its lowest level this year. The extraordinarily strong...

FxWirePro: EUR/GBP IV skews move in sync with fundamental drivers - Buzzing yields in call spreads
Nov 16, 2017 11:37 am UTC| Research & Analysis Insights & Views
Many analysts struggled to interpret the EUR strength seen over the past days. The German GDP data on Tuesday was at best the trigger of the move but hardly the reason or the fundamental justification. However, one also...
FxWirePro: FCA warns but CME signals ray of hope for cryptocurrency derivatives
Nov 16, 2017 11:12 am UTC| Digital Currency Research & Analysis Insights & Views
The British regulator, the Financial Conduct Authority (FCA), has given out a warning to investors against venturing into cryptocurrency contracts for differences (CFDs). The agency claimed that digital currency-based CFDs...

Nov 16, 2017 09:46 am UTC| Research & Analysis Insights & Views
Gold futures contracts for December delivery on the Comex division of the NYME surges 0.07% to $1,277.74 a troy ounce. It is reckoned that as per the OTC indications as shown above and the prevailing trend in bullion...

Nov 15, 2017 16:19 pm UTC| Research & Analysis Insights & Views
From last two-three weeks, the prices of this underlying pair have been oscillating between 89.806 and 87.787 levels. Technically, now attempting breach below 21EMA levels (i.e. 88.2819 levels) and head towards wedge...
FxWirePro: South Africa's downgrade rating hopes to weigh on treasury and ZAR
Nov 15, 2017 10:36 am UTC| Research & Analysis Insights & Views
The South African rand recovered marginally today, with USDZAR dropping back to levels around 14.3632 after the cross had gained significantly since Yesterday and temporarily exceeded the 14.55 threshold on Monday. In...

FxWirePro: Glance through EUR/USD pricing and the intricacies of EUR/USD FVAs
Nov 15, 2017 09:47 am UTC| Research & Analysis Insights & Views
It is difficult for us to know why the market decided to react to the positive German GDP data by buying the euro and to price in a marginally higher likelihood of the first ECB rate step in late 2018. First of all the...