FxWirePro: Key driving forces of USD/KRW and hedging strategy
Sep 11, 2017 11:50 am UTC| Research & Analysis Central Banks Insights & Views
The downside in USDKRW has been bounded by 1113, even with the EUR marching higher and EM currencies strengthening. It has witnessed a good run in 1Q among EMFX, subsequently, resulting in the KRW being one of the...
FxWirePro: Impact of PBoC’s FX regime on CNY NDFs
Sep 11, 2017 10:48 am UTC| Central Banks Research & Analysis Insights & Views
The strength of CNY can be traced to three factors: the rebound in real GDP, higher commodity prices (which has aided the reflation theme and reduced pressure on the banking system) and higher interest rate...
Sep 11, 2017 09:23 am UTC| Research & Analysis Insights & Views
AUDNZD is heading towards 1.1200 during the days ahead, as long as Australian and Chinese data doesnt disappoint. In medium term perspective, a retest of the 1.1200 area seen in April is possible if iron ores rally...
FxWirePro: Bullish, bearish scenarios and hedging vehicles of Aussie and Kiwi dollar
Sep 11, 2017 07:10 am UTC| Research & Analysis Insights & Views
Bearish AUD scenarios: 1) The unemployment rate moves back towards 6%, forcing the RBA to respond more aggressively to weak inflation; 2) China data weaken materially. Bullish AUD scenarios: 1) China eases...
FxWirePro: A week before BoE and SNB - A glimpse through Sterling and Swiss franc
Sep 08, 2017 16:45 pm UTC| Central Banks Research & Analysis Insights & Views
Bank of England (BoE): The MPC convenes next week with its full complement of nine members for the first time since March. With no significant changes to the economic picture compared to last month, it is unlikely that...
Sep 08, 2017 16:17 pm UTC| Research & Analysis Insights & Views
Some people dismiss FX trends as a random walk, but the market is more capricious than that, drawing patterns and correlations that create the illusion of permanent relationships, only for them to break down and new ones...
FxWirePro: Snap WTI rallies to deploy luring theta writing in credit put spreads
Sep 08, 2017 14:17 pm UTC| Research & Analysis Insights & Views
Capitalizing on puzzling rallies of WTI crude prices major downtrend, one can load up shorts in ITM puts as shown in the above diagram of credit put spread but preferably use this strategy with a narrowed strikes and...
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