FxWirePro: RV trades for EUR/JPY hedging ahead of ECB and consolidation phase on shrinking IVs, bearish neutral RRs and skews

Oct 26, 2017 07:03 am UTC| Research & Analysis Insights & Views

In todays meeting, we now expect the ECB to announce a slower but longer taper, specifically a 9month QE extension at 20bn per month versus our earlier expectation of a 6-month extension. Recent political developments...

FxWirePro: EUR/JPY inch towards 2-years highs after hammer and engulfing patterns, but bulls edgy at 61.8% fibos – Double touch binaries to speculate

Oct 26, 2017 06:06 am UTC| Technicals Insights & Views

EURJPY rallies are stimulated ever since the occurrence of the hammer and bullish engulfing patterns at 132.3080 and 133.2100 levels. Thereby, bull swings have gone above DMAs. For now, the extension of rallies seems most...

FxWirePro: CAD IVs blow BoC out of the proportion, far month tenors reasonable on NAFTA and FED

Oct 25, 2017 12:32 pm UTC| Central Banks Research & Analysis Insights & Views

It is reckoned that the USDCAD IVs seem to be blowing out of the proportion ahead of BoCs monetary policy which is likely to maintain status quo on its O/N rate in our opinion. But, Fed during Christmas will have more...

FxWirePro: Euro least among G7 pool, what drives lower vols despite ECB and lingering geopolitical concerns

Oct 25, 2017 12:21 pm UTC| Research & Analysis Insights & Views

Lets have a glance through volatility surface in euro crosses before we begin with this write up, 1m EURUSD ATM IVs have been the least among the G7 FX space. IVs of all euro pairs have been considerably shrinking away...

FxWirePro: Bidding FX vol versus Equity vol

Oct 25, 2017 11:15 am UTC| Research & Analysis Insights & Views

In this write up we emphasize on the buying FX vols against equity vol, if within the mandate: The EURUSD exchange rate was moving in a tight trading range yesterday. However, this was less due to the fact that there...

FxWirePro: EUR/CAD engulfing pattern stimulates bullish momentum, major trend stuck in non-direction, creeps up in rising channel – Buzzing yields in one touch call

Oct 25, 2017 10:34 am UTC| Technicals Insights & Views

Are buzzing bullish sentiments in EURCAD luring you? Yes, the uptrend sentiments are stimulated especially after the formation of engulfing pattern at 1.4791 levels and bullish DMA crossover indicates uptrend...

FxWirePro: Never bark up the wrong tree, crude prices seem fully priced in OPEC pact – Stay hedged via DCPS on demand/supply assessment

Oct 25, 2017 10:05 am UTC| Research & Analysis Insights & Views

Crude prices have been broadly sturdy at this juncture of time, with lingering bullish sentiments inching near a four-week highs earlier yesterday ($52.59), but this hasnt been the case after top exporter Saudi Arabia said...