FxWirePro: NZD/USD projections and hedging framework for 2017
Feb 02, 2017 12:29 pm UTC| Central Banks Research & Analysis
NZDUSD medium term perspectives:The month ahead could see NZDUSD extending beyond 0.7500 (Sep high) if the US dollar continues to register disappointment in the Trump Administrations policies. Further ahead, though, the...
Feb 02, 2017 12:14 pm UTC| Research & Analysis Insights & Views
GBPCHF back-end volatility: 1Y -2Y GBPCHF straddles strike us as anexcellent defense against Brexit chaos, for a few reasons: 1) GBPCHF vols have retraced nearly all the way back to their post-referendum lows (refer...
Feb 02, 2017 12:07 pm UTC| Central Banks Research & Analysis
The US Federal Reserve maintained monetary policy unchanged last night, as broadly anticipated. The accompanying statement was a little more upbeat than before, noting the improvement in consumer and business sentiment....
Feb 02, 2017 10:45 am UTC| Commentary
The UK would pursue a different future outside Europe, but the removal of uncertainty around the British stance should prove bearish for GBP volatility. Please be noted that the IVs of GBPUSD has been reducing despite...
Feb 01, 2017 14:10 pm UTC| Economy Central Banks
Januarys manufacturing PMI dipped to 55.9 from 56.1 in December, exactly in line with both our and consensus expectations. Despite the mild dip, the headline balance remains well above its historic average of 51.6 and the...
FxWirePro: Options and cash trades for Swedish Krona on inspired rallies of Riksbank
Feb 01, 2017 13:30 pm UTC| Research & Analysis Insights & Views
Stay long SEK vs EUR (cash) and NZD (options) EURSEK continued its steady but nevertheless persistent decline this week as an extremely strong PPI print supported the sense that the inflation cycle in Sweden is gaining...
FxWirePro: Hedge commodity driven currencies amid Trumps stringent policies and NAFTA renegotiations
Feb 01, 2017 11:26 am UTC| Research & Analysis
This write up emphasizes long positions in commodity driven currencies such as NOK and shorts in CAD, we continue to indicate a surprising degree of equanimity in CAD towards Trump and the Boc and anxiety in NOK towards...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects