FxWirePro: Two options RVs to lure speculators - Bid for AUD/USD seagulls, CLP risk reversals
Nov 03, 2017 13:18 pm UTC| Research & Analysis Insights & Views
AUD has been a longstanding favored short candidate on the view that persistent inflation undershoots, lack of wage pressures and labor market weakness will prevent the RBA from participating in the reflation theme;...
Nov 03, 2017 12:44 pm UTC| Research & Analysis Technicals
Steep slumps in gold prices have been observed after the occurrence of the shooting star and railroad pattern at $1,346, $1,293.75 and $1,294.75 levels, these bearish patterns hampered previous bullish momentum. As a...
FxWirePro: Hedging perspectives in G7 FX space during pre and post-central banks’ actions
Nov 03, 2017 10:05 am UTC| Central Banks Research & Analysis Insights & Views
From a vol perspective however, there is little value in positioning for this constructive baseline with implied vols only a whisker away from 2Q17 cycle lows and investors already more than well-positioned for the same...
FxWirePro: Fed repricing stimulates bullion bears – Stay short in Gold futures of far-month tenors
Nov 03, 2017 09:23 am UTC| Research & Analysis Insights & Views Central Banks
A possible bottoming out in inflation and the Fed repricing of a December hike are outright bearish and gold should rebase lower. To this end, the median Fed participant continues to look for one more hike this year (in...
FxWirePro: Insinuations for the PGMs, Speculative buyout, and trade evaluations
Nov 03, 2017 08:16 am UTC| Research & Analysis Insights & Views
While the base metals analysis focuses on how much additional outright demand will likely be gained by changes in automotive technology in the future, conclusions in PGMs are more mixed with palladium looking set for a bit...
Nov 03, 2017 06:54 am UTC| Research & Analysis Insights & Views
Implied correlations between yen-crosses are rich for a benign post-Japanese election environment bereft of idiosyncratic yen risks; sell USDJPY vs. CHFJPY correlation swaps hedged with USDJPY FVAs. But lets just have a...
FxWirePro: Hedge or no hedge, the driving forces of LatAM FX space
Nov 02, 2017 17:26 pm UTC| Research & Analysis Insights & Views
These past weeks price action has tested our resolve: global forces like the possible change of Fed Chair or possible US tax reform have naturally changed the USD outlook. In addition, less positive news particularly on...
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