Jul 26, 2016 12:46 pm UTC| Insights & Views
Efforts by President Erdogan to re-establish social cohesion and uphold democratic ideals while avoiding a shift toward autocracy would likely help to revive market confidence, leading to declines in USDTRY. Emergency...

Jul 26, 2016 12:32 pm UTC| Research & Analysis Insights & Views
This pair has dropped below DMAs as selling momentum seems to have been intensified but long-term downtrend remains intact upon the convincing volumes and other technical indicators favouring bears long term...

UK mortgage approvals fell ahead of Brexit vote, likely to have fallen in the recent weeks
Jul 26, 2016 12:05 pm UTC| Insights & Views Economy
The British Bankers Association (BBA) data released earlier today showed that British banks approved the fewest mortgages for house purchase since March 2015 in June. The number of mortgages approved by British banks last...

Jul 26, 2016 11:35 am UTC| Research & Analysis Insights & Views Central Banks
By the end of 2016, we expect USD/CNY to be testing 7.0 due to a mix of cyclical USD strength as well as domestic factors. FX intervention cannot continue indefinitely. The orderly, low vol depreciation of the RMB has...

Jul 26, 2016 11:24 am UTC| Research & Analysis Insights & Views
MXN has been an outlier in EM this year, having depreciated 7% YTD while the rest of Latin American (ex-ARS) saw record portfolio inflows and FX performances. We still hold a bearish view on MXN, citing current account and...

Jul 26, 2016 09:18 am UTC| Central Banks Insights & Views
BoJ likely will ease next week, using all existing tools, while the government may release the outline of its fiscal package. The major currencies have slumped to the multi-month lows against yen and it is also deemed...

FxWirePro: Load up weights in GBP/JPY longs leg of PRBS on HY IVs to hedge prolonged downside risks
Jul 26, 2016 07:50 am UTC| Central Banks Insights & Views
Please have a glance on how implied volatilities of ATM contracts of 1w, 2w, and 1m tenors are spiking crazily in OTC markets, 29.52, 25.53% and 21.52% respectively ahead of Bank of Japans monetary policy on...