FxWirePro: A Glimpse At ZAR’s RV And Delta-Hedge Trades On Looming South African Debt Crisis
Apr 03, 2020 13:47 pm UTC| Research & Analysis Economy
Due to global recession fears and rising risk aversion yesterday brought a further sell-out for many EM currencies. The rand was amongst the biggest losers over the past days and reached new lows against USD and EUR. This...

FxWirePro: Spotlight On USD Implied Correlations
Apr 03, 2020 13:23 pm UTC| Research & Analysis
One thing which stuns in the FX space is the lack of repricing of USD-implied correlations, at a time when all risk measures are spiking and measures of Equity-implied correlations reached all-time highs in...

FxWirePro: Wait Amid Covid-19 Threats Or Asian EM Carry Trades Via Put Spreads
Apr 03, 2020 12:24 pm UTC| Research & Analysis
The wide dislocations as observed in the market might also imply an elevated reward for embracing long-risk trades. Possibly, keeping in mind the liquidity issue in vol space as mentioned above, one takeaway from the...

Apr 03, 2020 11:24 am UTC| Research & Analysis Economy
GBPs performance ranks mid-table over the past month (+0.5% vs USD, -2.5% vs EUR) as the global impact of the coronavirus has come to dominate GBPs local difficulties with Brexit. But even though Brexit is now being...

FxWirePro: Daily Commodity Tracker - 3rd April, 2020
Apr 03, 2020 11:10 am UTC| Technicals Research & Analysis
Daily Commodity Tracker (11:00 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Turning bullish Oscillators: Rollover from Oversold (bias higher) Bollinger Bands: Shrinking on Daily charts, Widening...

FxWirePro: EUR/CHF set to resume weakness after failure to break above 50-DMA, stay short on upticks
Apr 03, 2020 10:49 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF has resumed weakness after failure at 50-DMA resistance in last weeks trade. The pair has slipped below 21-EMA and 5-DMA has also turned south. GMMA indicator shows major trend...

FxWirePro: EUR/JPY takes a breather after 6 straight sessions of weakness, bias strongly bearish
Apr 03, 2020 10:28 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.12% higher on the day at 117.23 at around 10:10 GMT, bias remains bearish. The pair in a phase of bearish consolidation, takes a brief pause after 6 straight...