FX Hedging Strategy Series

FxWirePro: Mounting bearish hedging sentiments in USD/JPY, IVs shrink but highest among G10 space and Knock in options as RR indicates further risks

Nov 04, 2016 07:23 am UTC| Central Banks Research & Analysis

OTC updates: As per the nutshell showing implied volatilities and delta risk reversals, USDJPY is rising higher IVs of 1w tenors with hedging sentiments for downside risks in the tenor which is the highest among G10...

Bank of England signals price rises as pound in Britons' pockets gets smaller

Nov 04, 2016 04:48 am UTC| Insights & Views Central Banks

The Bank of England has published its latest Inflation Report alongside forecasts for economic growth and a decision to hold interest rates. The background to those announcements has echoes of almost 50 years ago, when...

FX Hedging Strategy Series

FxWirePro: FED ponders over US economic flashes with its projection for hiking cycle but to upgrade inflation targets, mounting sentiments in USD OTC hedging

Nov 03, 2016 14:02 pm UTC| Central Banks Insights & Views Commentary

As per the expectation, the November FOMC meeting went uneventful. The Fed seemed to have two major objectives: to hold onto prospects of December rate hike while also maintaining flexibility to delay action, should events...

FxWirePro: Uphold BRICS FX cross trades on hawkish note by CBR and OPEC to stimulate with production cut negotiation

Nov 03, 2016 13:02 pm UTC| Central Banks Insights & Views

We remain bullish in Russian currency on various grounds, with rouble remaining our favorite carry expression in the region. The domestic side of the story remains largely unchanged. The key positive remains a hawkish...

Upbeat UK services PMI eases worries about "hard" Brexit

Nov 03, 2016 12:19 pm UTC| Insights & Views Economy Central Banks

Britains services sector accelerated in October, according to the latest PMI data from IHS Markit, released on Thursday. The UK Markit/CIPS October PMI services sector index strengthened to 54.5 from 52.6 the previous...

Fed Hike Aftermath Series

FOMC monetary policy November 2016: Assessing future bias

Nov 03, 2016 08:40 am UTC| Commentary Central Banks

Yesterday, FOMC policymakers preferred to keep policy steady and not to go for a hike. This was somewhat expected given the division among policymakers and the meeting concluding just days before the US election. Lets...

FX Hedging Strategy Series

FxWirePro: UK gilt yields unlikely to favour as source of cushion for sterling – Stay short in cable via seagull ahead of BoE’s monetary policy

Nov 03, 2016 07:42 am UTC| Central Banks Research & Analysis

Today, thefocus would be on the Bank of England meeting and deemed as Super Thursday, where we get to see the policy announcements, minutes, an updated Inflation Report and Mark Carney hosts a press conference. The...