FxWirePro: Where is Fed Futures rate heading towards a day before big day?
Jun 13, 2017 08:07 am UTC| Central Banks Insights & Views
Its all about tomorrow: Today would be the start of a 2-day FOMC meeting which will deliver its verdict after the US has released CPI and retail sales figures tomorrow. The Fed Funds futures market prices a 25bp rate...

Jun 13, 2017 07:54 am UTC| Research & Analysis Insights & Views
OTC Outlook and Option Strategies: Please be noted that the ATM call of 1w expiries are trading 23% more than of its NPV, while implied volatilities of 1w tenors are just shy above 9% and sliding below 8.5% for 1m...
FxWirePro: Bullish and bearish scenarios of GBP/AUD
Jun 13, 2017 06:48 am UTC| Research & Analysis Insights & Views
Bearish Sterling Scenarios: 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: How does UK politics transpire soft or hard Brexit and its impact on sterling?
Jun 12, 2017 13:05 pm UTC| Insights & Views
Given the general election surprise, it is noteworthy that the market has taken the news of a Conservative minority government (propped up by the DUP) within its stride. After falling to 1.2710 on the election results,...

FxWirePro: USD/CAD IVs least among G7 space – Deploy “Covered calls” on neutral OTC
Jun 12, 2017 13:00 pm UTC| Research & Analysis Insights & Views
We could foresee a bullish scenario of USDCAD above 1.43 driven by: 1) The US moves ahead on border adjustments or NAFTA negotiations turn sour; 2) US-Canada trade negotiations turn acute and negative with a...

Norway's falling house prices unlikely to trigger rate cut from Norges Bank
Jun 12, 2017 12:00 pm UTC| Insights & Views Economy
Data released by Norways real estate industry association last week showed that Norwegian seasonally adjusted housing prices fell by 0.7 percent in May from April in a further sign the market was cooling off from a rapid...

FxWirePro: Waning crude outlook & improving cyclicals to puzzle Loonie’s prospects
Jun 12, 2017 11:18 am UTC| Research & Analysis Insights & Views
In May, CAD appreciated over 2%, retracing more than half of late April sharp sell-off. In part, this triggered by the broad USD sell-off that unfolded following weak data and the emergence of US presidential scandal risk....