BoE rate hike likely in Feb 2016, subsequent higher rates to make GBP stronger

Oct 09, 2015 11:02 am UTC| Insights & Views Central Banks

The Bank of England kept its interest rates steady on Thursday as expected and showed no sign it was close to raising interest rates. Votes were split 8-1 once again to hold rates at a record lows, but the MPC voted...

David Cameron’s affordable housing promise at risk as construction output slows further

Oct 09, 2015 10:21 am UTC| Insights & Views

UK Prime Minister David Cameron I party conference this year announced that his government will take up measures to make the houses more affordable in UK as well as London. Property prices in London have sky-rocketed after...

Inflation remains biggest worry of FED

Oct 09, 2015 09:28 am UTC| Insights & Views Central Banks

Latest FOMC minutes released last night revealed what FOMC participants chose to skip lift off in September, as inflation remains biggest concern for most of the policymakers. Policymakers are worried that recent adverse...

FxWirePro: BoK stands pat, USD/KRW IRS trade ideas

Oct 09, 2015 09:18 am UTC| Insights & Views Central Banks

The Bank of Korea kept its benchmark rate steady on 11 September, as widely expected. Alongside the decision, BoKs governor Lee mentioned growth is still likely to hit the Banks 2.8% target this year. His comments that the...

FxWirePro: Delta risk calculations suggest diagonal strips on EUR/USD – avoid OTM instruments

Oct 09, 2015 08:27 am UTC| Insights & Views

The ATM volatility and delta risk reversal of EURUSD, divulge that the fact that if not now, the pair would experience little downside pressure in next 3-6 months future with reducing volatilities. Although trend is...

Foreign buying into Japanese bonds stable with expectations of further QQE

Oct 09, 2015 07:54 am UTC| Insights & Views

Latest data from Japans Ministry of Finance (MoF), shows that after turmoil in August and withdrawing big ticket money out of worlds second largest bond market, investors are once again back into Japanese bonds. Investors...

FxWirePro: Extra ATM put in AUD/NZD option strips adds leverage effect

Oct 09, 2015 07:11 am UTC| Insights & Views

Currency Option Strategy:The options strips were deployed anticipating more downside potential, now have a look at the diagram fro prevailing prices of ATM puts and they are moving in line with healthy delta. Weve been...