
Jun 09, 2017 09:14 am UTC| Research & Analysis Insights & Views
In spite of GBP downtrend, election result doesnt clear the way for a longer and smoother Brexit transition, at the time of writing the BBC projects the Conservatives will end up with 318 of 650- seats, 8 shy of a majority...
“GBP/JPY acts as per FxWirePro’s whims and fancies”
Jun 09, 2017 06:36 am UTC| Technicals Research & Analysis Insights & Views
It seems that the pair has been acting as per our whim fancy, please be noted that we had advocated bullish call on this pair on 28th April. Please visit the below weblink for further readings on our previous technical...
FxWirePro: Hung parliament to cause political distress on sterling
Jun 09, 2017 06:26 am UTC| Insights & Views
Highlights of UK elections: U.K. General Election ends in the hung parliament with Theresa Mays ruling Conservative party has won 312 seats while the opposition Labour Party has 260 seats.Meanwhile, the Scottish...
FxWirePro: Who wins among RIKSBANK, RBNZ or GDT index to stimulate NZD/SEK optionality trades?
Jun 08, 2017 12:49 pm UTC| Research & Analysis Insights & Views Central Banks
The RBNZ has signaled the next cycle a tightening one will not start until the end of 2019. That will anchor the short end, although markets will not abandon their expectations for tightening as early as mid-2018 which...
FxWirePro: A glimpse through European interest rate derivative on ECB’s status quo monetary policy
Jun 08, 2017 12:26 pm UTC| Central Banks Insights & Views
ECB today has maintained status quo in its monetary policy, keeping minimum bid rate unchanged at 0.00% which was widely expected. In upcoming ECB press conference, with no policy change, market players are focusing on how...

FxWirePro: Stay short AUD vs EUR, CHF, and long CHF vs USD ahead of SNB’s monetary policy
Jun 08, 2017 12:10 pm UTC| Central Banks Insights & Views
The RBA outlook (on hold for some time) is anchoring front end valuations. We expect 3yr swap rates to remain in a 1.8% to 2.3% range, with core inflation still below 2%. While AUD money markets rates have rallied by...
FxWirePro: What’s driving dovish tone in momentary policy season and tepid VXY?
Jun 08, 2017 09:45 am UTC| Central Banks Insights & Views
Even with two major central bank meetings in the coming two weeks, broad FX markets look likely to continue the drift into early summer markets. The weak payrolls report will reinforce expectations that Junes Fed hike will...