FxWirePro: Bullish CME bullion trades perspectives on constructive US employment data
May 04, 2018 13:17 pm UTC| Research & Analysis Insights & Views
Gold surged to $1315 today as an immediate reaction to the US unemployment data release but it couldnt sustain at that level to pare the early gains. The price of the precious yellow metal is currently trading close...
FxWirePro: Short 2m USD/MXN ATMF straddles to buy 3m ATMF straddles on lingering geopolitical risks
May 04, 2018 12:44 pm UTC| Research & Analysis Insights & Views
The FX markets are once again focussing on yield differences. The Mexican peso also had to find out about that yesterday and as a result of the yield rise of US Treasuries to above 3.0%, it depreciated significantly...
May 04, 2018 08:20 am UTC| Research & Analysis Insights & Views
Bearish CADJPY scenarios driven by: NAFTA renegotiations break down and breakup fears return US growth expectations upgraded on policy driving a broad $ rebound Bullish CADJPY scenarios driven by: Local oil...
FxWirePro: Expression of 3M straddles of G10 and EMFX bloc
May 03, 2018 14:58 pm UTC| Research & Analysis Insights & Views
The Fed, as expected, left their policy unchanged last night, but did tweak their language to acknowledge inflation is close to its 2% target, but not enough to change the steady as she goes path of three hikes for this...
FxWirePro: A glimpse through cheap and leveraged USD hedges
May 03, 2018 12:42 pm UTC| Research & Analysis
The yield of 10-year US Treasuries flirted with the 3% mark again yesterday and immediately all the usual suspects (BRL, MXN, RUB, INR, ZAR and TRY) came under depreciation pressure again. However, a part of the recent...
May 03, 2018 10:08 am UTC| Research & Analysis Insights & Views
NZD faces headwinds, even in a clearly weak USD environment. Domestic growth has weakened, the central banks inflation forecasts have been revised materially lower, net immigration is slowing and business confidence has...
FxWirePro: Maintain neutral stance on CNH but uphold wise hedges
May 02, 2018 12:44 pm UTC| Research & Analysis
The US trade delegation led by the Treasury Secretary Steven Mnuchin is in Beijing. It is likely that China and US will release a statement on trade disputes over the coming days. The Americans sound confident. Commerce...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects