FxWirePro: Brazilian macro outlook stimulates BRL with lingering political turmoil
Sep 15, 2017 13:14 pm UTC| Research & Analysis Insights & Views
The BRL should depreciate on a spot basis over the next year, and positive carry should largely cover the spot losses. A number of factors have helped the BRL. These range from improvement in macro data (bottoming out GDP...
FxWirePro: A preview of Fed’s September meeting
Sep 15, 2017 12:27 pm UTC| Central Banks Insights & Views
Next week, the Federal Reserve of the US is scheduled to announce its funds rate. It is expected that the US Federal Reserve to leave interest rates unchanged at its September policy meeting. However, it will almost...

FxWirePro: Turbulence in bullion space ahead of Fed – A run through on hedging positioning
Sep 15, 2017 11:58 am UTC| Research & Analysis Insights & Views
Gold has decisively broken out of its previously established narrow range, pushing through the $1,300/oz ceiling it had previously unsuccessfully attempted to rise above three times prior since April (refer above diagram)....

Sep 15, 2017 08:07 am UTC| Research & Analysis Insights & Views
We all know the saying one swallow does not make summer. Referring to yesterdays consumer price data from the US and the market reaction it caused the story goes as follows: Consumer prices in the US increased 1.9 pct...

FxWirePro: Uphold bullish exposure in EURJPY via call RKO on shrinking IVs and 1m skewness
Sep 15, 2017 07:05 am UTC| Research & Analysis Insights & Views
Please be noted that the implied vols of EURJPY crosses have been shrinking lower in spite of next weeks BoJ monetary policy announcement and Euro zones trade balance. 1m IVs are shrinking below 8.4%. Euro area CPI, PMIs...

Sep 15, 2017 06:10 am UTC| Technicals Insights & Views
On EURJPY rallies, bearish pattern candlesticks such as, shooting star, gravestone doji and hanging man candles have occurred at 131.1070, 130.2580 and 131.540 levels respectively. These bearish patterns hamper the...
FxWirePro: Thai baht outperforms among EM Asia - Roll over USD/THB NDFs on neutral valuations
Sep 14, 2017 13:21 pm UTC| Research & Analysis Insights & Views
Thai currency has been continually outperforming among EM Asia FX space, consolidation by 8% this year and outperformance should continue over the coming months on large current account balance, foreign inflows, stable...