FxWirePro: Bullish, bearish scenarios, forecasts and hedging vehicle of Sterling and Yen
Jul 18, 2017 07:43 am UTC| Research & Analysis Insights & Views
Bearish Scenarios Sterling: 1) Growth slows below 1% as consumers are squeezed by inflation and falling house prices. 2) Outright capital repatriation from slower moving long-term investors including central...
FxWirePro: EMFX sentiments move in tandem with UST yields
Jul 17, 2017 12:58 pm UTC| Research & Analysis Insights & Views
EM FX has depreciated against the dollar (CEE FX has outperformed in line with a higher EURUSD), as core yields have continued to move higher (bund yields: +32bp, 10y UST yields: +25bp) and commodity prices have softened....

FxWirePro: Bullish, bearish scenarios and hedging perspectives of USD/MXN
Jul 17, 2017 12:37 pm UTC| Research & Analysis Insights & Views
Bullish Scenario: USDMXN at 20 over 4Q17 on a hypothetical disorderly renegotiation of NAFTA leading to bond outflows and local political volatility. We at FxWirePro could foresee USDMXN at 20 over 2H17 on a putative...

FxWirePro: Sterling OTC seems to be uninterested in Brexit negotiations
Jul 17, 2017 11:25 am UTC| Research & Analysis Insights & Views
Sterling OTC FX functions seem to be tepid, out of the limelight but underlying spot movements havent been out of the woods. Amid the consolidation phase of GBPUSD, it has bottomed out at 1.1986 levels and bounced back to...

Eurozone headline inflation slows in June, eases pressure on ECB for tighter monetary policy
Jul 17, 2017 11:22 am UTC| Insights & Views Economy Central Banks
Euro zone headline inflation slowed in June, data published by the European Commission today confirmed, easing pressure on the European Central Bank (ECB) to start tightening at its policy meeting scheduled on Thursday...
FxWirePro: Sterling spikes in consolidation phase but not out of the woods amid BoE and Brexit
Jul 17, 2017 10:33 am UTC| Central Banks Research & Analysis Insights & Views
Rarely is a currency outlook quite as uncertain as GBPs at present? Sterling clearly gained ground over the last few days, probably not least due to the latest reports about the Brexit negotiations. Amid the consolidation...

FxWirePro: VXY lesson garners defensive options strategic play
Jul 17, 2017 08:31 am UTC| Research & Analysis Insights & Views
VXY is entering H2 having declined an eye-watering 4 %pts from its 1Q highs, one of the largest half-yearly drops on record outside of the GFC. H117 has not made vol buying great again. The French elections also...