FxWirePro: JPY hedging portfolios amid mixed bag of sentiments
Oct 12, 2017 07:16 am UTC| Research & Analysis Insights & Views
It is noticed that the JPY crosses have been trimmed their previous gains in the recent past. USDJPY marked at 113.441 the highest level since mid-July but trimmed to the current 112.276 levels. During the period, JPY...
Oct 11, 2017 12:30 pm UTC| Research & Analysis Insights & Views
We have now turned modestly constructive on the Polish Zloty, given the strong data momentum.The central banks dovish stance is unhelpful, but data may challenge it over coming months. Short-term valuations look cheap,...
Oct 11, 2017 12:27 pm UTC| Technicals Insights & Views
Although WTI crude prices have plummeted recent upswings especially in European trading sessions, after rejecting below stiff resistance level at 51.22, we uphold our gutsy but momentary bullish stances. Bulls have...
Oct 11, 2017 11:35 am UTC| Research & Analysis Insights & Views
We raise 4Q17 oil price forecasts by 4.50/bbl on Brent and $1/bbl on WTI to reflect the tighter balances now forecast, to $54.50 and $50.00/bbl, respectively. Similarly, for 2018 we raise Brent to $47/bbl, and WTI to...
Oct 11, 2017 10:48 am UTC| Research & Analysis Insights & Views
The push and pull of offsetting factors that had nudged us towards a more balanced view on vol were on full display this week. EM gamma spiked sharply as the shakeout in dollar shorts played out most violently in...
Oct 11, 2017 09:48 am UTC| Research & Analysis Insights & Views Central Banks
Escalating diplomatic tensions. Following the diplomatic row between the US and Turkey, we entered a short lira position. To mitigate negative carry, the preferred structure is also short in TRYRUB. Go short TRY on...
FxWirePro: Commodity price outlook propels AUD/USD projections but China still a hindrance
Oct 11, 2017 09:35 am UTC| Research & Analysis Insights & Views
Revising up RBA forecasts and in turn revise and AUDUSD projections on a brighter commodity price outlook and monetary policy stability in 2018. We still expect AUDUSD to decline modestly over the year ahead. However,...
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