
Mar 07, 2018 06:19 am UTC| Research & Analysis Insights & Views Technicals
In our previous write-up, we have already stated in the technical study of GBPJPY that the pair is mounting with bearish sentiments. We kept reiterating ever since it has broken wedge baseline and frequent occurrence of...

Mar 06, 2018 12:42 pm UTC| Research & Analysis Insights & Views
The Canadian dollar is most affected by the step up in (trade) war rhetoric. The loonie once again recorded losses yesterday after President Donald Trump made it clear that the NAFTA partners Mexico and Canada would not be...

Mar 06, 2018 11:07 am UTC| Research & Analysis Insights & Views
EURUSD targets were quite conservative in view of the broader support USD was expected to receive from a more assertive Fed, albeit the risks to the end-2018 projection of 1.23 were firm to an overshot. Already from the...

FxWirePro: FX options triangles for dollar softness ahead of central banks’ actions in H1’2018
Mar 06, 2018 09:24 am UTC| Research & Analysis Insights & Views
A likely by-product of the loss of USD momentum is a pause or even a modest reversal in USD-correlations that have surged this year due to across-the-board dollar weakness. We do not expect any de-correlation to be very...

FxWirePro: Spotlight on VIX, high beta theme and Vega spreads for triplets
Mar 06, 2018 06:55 am UTC| Research & Analysis Insights & Views
The currency market has been acting as the adjustment factor between countries positioned at different parts of the economic cycle clock. It has been one of the few assets on which carrying long volatility positions has...
FxWirePro: Spotlight on Turkish Lira and USD/TRY derivatives trades
Mar 05, 2018 14:25 pm UTC| Research & Analysis Insights & Views
Turkey published CPI data for February this morning. The market expected continued improvement after a favorable reading in January. However, the headline inflation rate didnt moderate notably, standing at 10.26% after...

FxWirePro: Stay long in well priced Vega NZD, CHF, and SGD
Mar 05, 2018 14:03 pm UTC| Research & Analysis Insights & Views
Long vega priced well in NZD, CHF and SGD: Amid heightened sensitivity of macro markets to US inflation data and increasing discomfort about the twin US deficits FX vols should remain supported. FX vol ownership at belly...