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...

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...