
FxWirePro: Short hedge for short-term USD/MXN traders as Banxico to line up with dovish league
Nov 09, 2017 13:18 pm UTC| Central Banks Research & Analysis Insights & Views Technicals
Tonight the Mexican central bank will leave its key rate unchanged at 7% once again. The fall in GDP in Q3 is due to the earthquake and tornados so that there is no reason for the central bank to react to the GDP data with...

FxWirePro: Hedge USD/MXN via 3-way straddle as monetary policy seems non-event for peso vols
Nov 09, 2017 13:15 pm UTC| Central Banks Research & Analysis Insights & Views
The Mexican central bank will likely leave its key rate unchanged at 7% once again, the meeting is unlikely to provide any surprises and should, therefore, be a non-event for the peso. Please be noted that the current...

Nov 09, 2017 12:28 pm UTC| Research & Analysis Insights & Views
Technically, EURCAD has been drifting in the range between 1.5258 - 1.4442 from the last couple of months. We foresee the trend is likely to hover in the similar range but certainly not any dramatic spikes. Refer below...

Nov 09, 2017 11:03 am UTC| Research & Analysis Insights & Views
We choose RUB as the long leg of the trade to help offset the expensive carry costs of a short TRY position. RUB valuations are likely to be relatively steady over the coming months, on a mix of factors: (+) stronger...

Nov 09, 2017 10:15 am UTC| Technicals Insights & Views
Short-term trend analysis: Short term downtrend drifts through falling wedge Every upswing is restrained below 21DMA and channel resistance, for now, the current prices goes non-directional but with little potential...

Nov 09, 2017 09:20 am UTC| Research & Analysis Insights & Views Central Banks
Tension is simmering within the UK government. After Defense Secretary Michael Fallon suddenly had to step down last week, Secretary of State for International Development Priti Patel was ordered to return to London during...

Nov 09, 2017 07:12 am UTC| Technicals Insights & Views
The upswings of this pair are restrained below stiff resistance at 79.491 levels, thats where 79.351 and 79.003 levels in the past. Yesterday bullish engulfing pattern occur at 79.287 levels but bears have disregarded...