FxWirePro: Jump on the bandwagon and keep RBNZ at bay via directional options play
Nov 07, 2017 10:58 am UTC| Research & Analysis Central Banks Insights & Views
All NZD traders focus shifted onto RBNZ that is scheduled to announce its monetary policy after the inflation expectations in New Zealand decreased to 2 pct in the Q42017 from 2.10 pct in the Q32017.While GDT price index...
FxWirePro: Stay short in EUR/CNK as CNB’s rate hiking cycle in 2018 seems imminent
Nov 07, 2017 09:36 am UTC| Central Banks Research & Analysis Insights & Views
In this write-up, we emphasize on shorting in EURCZK via 3-month forwards, which is currently trading at 25.6214. We target a 4% move lower to 24.5965 and place a stop loss at 26.0057. Our trade horizon is 6-12 months. The...
FxWirePro: Latest gamma and spot FX developments after recent central bank actions
Nov 07, 2017 09:08 am UTC| Central Banks Research & Analysis Insights & Views
The central bank events are delivering: BoC and ECB have been at the vanguard of reshaping non-US rate expectations this year, and their easing up on policy normalization rhetoric in October sparked good-sized spot swings...
Nov 07, 2017 07:53 am UTC| Research & Analysis Insights & Views
AUDUSD short term medium term perspectives:in near term, bears lingering for it to breach below 0.7673 where a strong support is observed, RBA maintained status quo in its cash rate which is widely anticipated to be...
FxWirePro: Switch trades - Own buzzing USD calls against CHF puts
Nov 06, 2017 14:07 pm UTC| Research & Analysis Insights & Views
Owning USD calls/CHF puts or USDCHF risk reversals as long USD plays: Unwind long EURCHF outright and rotate into long USDCHF via a risk reversal, which in conjunction with a pre-existing spot long in USDJPY, positions...
FxWirePro: Encourage leveraged bullish RUB via EUR/USD in lieu of USD/RUB
Nov 06, 2017 13:52 pm UTC| Research & Analysis Insights & Views
JPM Commodities research has raised their oil forecasts for 2018 based on better-than-anticipated compliance to supply quotas, the likelihood of the OPEC/NOPEC production cut accord being extended through 2018, and a solid...
Nov 06, 2017 10:39 am UTC| Research & Analysis Insights & Views Central Banks
Scale back EUR longs and increase USD longs: Rotate long EURCHF into long USDCHF via risk reversal; keep EURUSD call spread The much-awaited ECB meeting was modestly dovish and with it, Draghi was able to deliver euro...
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