FxWirePro: USD/CAD FX options market finds no reason to buy loonie, IV skews move in sync with risk reversals and fundamental drivers

Nov 21, 2017 10:30 am UTC| Research & Analysis Central Banks Insights & Views

Please be noted that the USDCAD OTC market sentiments show bullish neutral flashes, while positively skewed IVs of 3m tenors signify the hedgers interests in OTM calls. Refer above nutshell wherein hedgers seem interested...

Fundamentals to watch out for this week

Nov 20, 2017 10:49 am UTC| Commentary Central Banks

This week is a relatively light with volatility risks, both in terms of data and events. What to watch for over the coming days: Central Banks: European Central Bank (ECB) president Draghi is set for a speech...

Fed Hike aftermath Series: Hike probabilities over next 12 months

Nov 20, 2017 09:29 am UTC| Commentary Central Banks

Hike probability sharply spiked after last FOMC meeting, where projection material showed that the U.S. Federal Reserve is still projecting one more hike for 2017, which is likely to be December. The November FOMC...

Bank of England likely to raise rates by 25 bps every six months, says Nomura Research

Nov 20, 2017 06:03 am UTC| Commentary Central Banks Economy

The Bank of England (BoE) is expected to raise its benchmark interest rates by around 25 basis points in every six months, the next move being at the time of the May 2018 Inflation Report, according to a forecast by Nomura...

FxWirePro: The Day Ahead- 20th November 2017

Nov 20, 2017 04:44 am UTC| Commentary Central Banks

Few economic data and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: October producer price inflation report will be released at 7:00 GMT. Bundesbank will...

FxWirePro: Implications of Fed and RBA’s actions on swap yields and AUD/USD – Bid bearish neutral RRs and shrinking IVs in PRBS to hedge FX risks

Nov 17, 2017 07:21 am UTC| Research & Analysis Central Banks Insights & Views

We look for AUDUSD to finish the year around 0.76, so long as markets maintain a very high probability of a Fed interest rate rise in December along with a neutral RBA outlook deep into 2018 and commodity prices remain...

FxWirePro: The Day Ahead- 17th November 2017

Nov 17, 2017 05:06 am UTC| Commentary Economy Central Banks

Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: New motor vehicle sales flat for October, up 1 percent from a year...