FxWirePro: Is BoJ stuck with vulnerability to deal with inflation? What-if scenario analysis of Yen
Jul 20, 2017 12:21 pm UTC| Research & Analysis Insights & Views Central Banks
BoJ maintained status quo in its yesterdays monetary policy review. And by now, it is not really a piece of news anymore: The Japanese central bank has again postponed the date by which it expects to reach its inflation...

Jul 20, 2017 11:53 am UTC| Research & Analysis Insights & Views
A glimpse over fundamentals: The bearish forecast reflected the view that the ECB would be quieter on the taper in the near-term. Moreover, markets appeared better prepared for an ECB taper than for the onset of Fed...

UK retail sales beat expectations in June, likely to support Q2 GDP growth
Jul 20, 2017 11:44 am UTC| Insights & Views Economy
UK retail sales retraced most of Mays decline and rose more than expected in June. According to data released by the Office for National Statistics (ONS) on Thursday, UK retail sales volumes rebounded by 0.6 percent m/m in...

Jul 20, 2017 09:39 am UTC| Technicals Insights & Views
The pair forms the double top pattern with top 1 at 1.5227 and top 2 at 1.5075 levels. The todays rallies seem to be unlikely to sustain, and hence, use them for fresh shorts build ups as the bears manage to breach...

FxWirePro: How are valuations and OTC sentiments of euro reacting to ECB today?
Jul 20, 2017 08:29 am UTC| Research & Analysis Insights & Views Central Banks
The main attraction today will be the ECB policy decision followed by Draghis press conference. The brighter economic outlook in the Eurozone has already resulted in an upward revision to the ECBs assessment for growth to...

FxWirePro: It’s ECB day again, what does it warrant?
Jul 20, 2017 07:48 am UTC| Central Banks Insights & Views
The ECB has signaled a taper announcement for September, while the Fed has been noncommittal on the timing of balance sheet normalization, prompting a Bund-led rise in DM yields which has been EUR supportive (refer above...

Jul 20, 2017 07:33 am UTC| Research & Analysis Insights & Views
Please be noted that the nutshell above showing IVs skews and risk reversals of EURJPY have been indicating mounting bearish risks in both short and long run. On the contrary, technically, the current prices of this...