FxWirePro: Envisioning and ascertaining shrinking vol trap in EuroStoxx and Euro crosses

Oct 27, 2017 05:14 am UTC| Central Banks Research & Analysis Insights & Views

The much-awaited ECB QE recalibration exercise ultimately announced yesterday, but it contained very few surprises after a meticulous 6w build-up and ended in a virtual stalemate for FX and rates markets, with EUR crosses...

FxWirePro: Customized NZD/JPY hedging vehicles for both aggressive bears and risk-averse ahead of BoJ

Oct 27, 2017 04:25 am UTC| Central Banks Research & Analysis Insights & Views

We continue to look for a lower NZD over the coming year, as tight financial conditions, weaker growth, a housing market that has peaked and a policy rate more likely to go down than up in the next year all weigh on the...

FxWirePro: Yen specials - Short JPY against USD, EUR and CAD based on yields and valuations

Oct 26, 2017 16:29 pm UTC| Research & Analysis Central Banks Insights & Views

In this write-up, we emphasize on yen trades (especially short JPY against USD, CAD, and EUR) from the fundamental perspective. If you consider from last one-year trend, yen seems to have been losing momentum...

FxWirePro: Platinum eyes Gold, palladium on copper- Is parity condition unsustainable?

Oct 26, 2017 12:02 pm UTC| Research & Analysis Insights & Views

The ratio between platinum and palladium reached parity in early September 2017 but was not sustained until later in the month, with palladium trading at a premium to platinum on a consistent basis since then. The ratio...

FxWirePro: Lira continues to trim recent gains as CBRT maintains status quo, USD/TRY knock-ins holds good to hedge tail risks

Oct 26, 2017 11:13 am UTC| Research & Analysis Central Banks Insights & Views

The lira continued to weaken from the toxic combination of: The rising US treasury yields and stronger USD Turkeys diplomatic woes surrounding the US, and The President Recep Tayyip Erdogans renewed push for lower...

FxWirePro: EUR/CHF creeps up ahead of ECB, unwise to sit the fence, take longs with grain of salt via call ratio spreads on tepid IVs

Oct 26, 2017 09:37 am UTC| Research & Analysis Insights & Views

Long EURCHF has been encouraged on account of the underperformance of Swiss franc this week is a response the upward pressure on global bond yields; it is not a beta move to EURUSD as such. We continue to doubt quite...

FxWirePro: EUR/CHF major trend sustains above long-lasting range after stern engulfing pattern, bulls inching towards 3-years’ highs – Bid for one-touch binaries

Oct 26, 2017 09:14 am UTC| Technicals Insights & Views

With just 350-375 pips away from the current levels of EURCHF, bulls have been stimulated to hit 3-years highs after the formation of a stern bullish engulfing pattern candle at 1.1656 levels on daily and 1.1442 levels on...