May 08, 2018 07:42 am UTC| Research & Analysis Insights & Views
JPY appreciated and USDJPY marked 104.66 on March 26, but JPY reversed its course in the following period; JPY has lost 2% in NEER terms and depreciated against USD by about 1% during the period. On net, JPY has become one...
FxWirePro: Japanese bond investments and USD/JPY hedging perspectives
May 08, 2018 06:59 am UTC| Research & Analysis Insights & Views
With respect to foreign bonds investments, the shared concern is high hedging costs of late (refer 1st chart). Yet, overall Japanese lifers remain keen to seek investment opportunities outside Japan given the domestic low...
FxWirePro: Reshuffle Scandis FX via bullish seagull strategy
May 07, 2018 13:36 pm UTC| Research & Analysis Insights & Views
The Riksbank meeting was decisively bearish for SEK as currency weakness was dismissed as temporary and hence the near-term inflation (CPIF) forecast wasnt revised up materially, only by 0.16%pts for the end of 2018 (we...
May 07, 2018 13:18 pm UTC| Research & Analysis Insights & Views
Bearish GBPAUD scenarios below 1.76 areas given: 1) The BoE passes on a May hike; 2) Core UK CPI continues to moderate and wages remain sticky below 3%; 3) The UK and EU fail to agree on the Irish border, leading...
FxWirePro: Bullion market trends and hedging strategies
May 07, 2018 08:18 am UTC| Research & Analysis Insights & Views
The precious yellow metal prices surged as theUS dollareased on the yield curve trampled after Aprils US unemployment data. Currently trading $1315 (which is well above 21DMA). While we lately boosted our gold price...
FxWirePro: Bullish CME bullion trades perspectives on constructive US employment data
May 04, 2018 13:17 pm UTC| Research & Analysis Insights & Views
Gold surged to $1315 today as an immediate reaction to the US unemployment data release but it couldnt sustain at that level to pare the early gains. The price of the precious yellow metal is currently trading close...
FxWirePro: Short 2m USD/MXN ATMF straddles to buy 3m ATMF straddles on lingering geopolitical risks
May 04, 2018 12:44 pm UTC| Research & Analysis Insights & Views
The FX markets are once again focussing on yield differences. The Mexican peso also had to find out about that yesterday and as a result of the yield rise of US Treasuries to above 3.0%, it depreciated significantly...
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