
Aug 13, 2020 09:06 am UTC| Research & Analysis Economy Insights & Views
The Corona crisis has hit the British economy comparatively hard. In addition, Brexit risks remain high, which is why we assume that the pound will continue to remain weak against the euro. Given that the UK and EU...

Aug 13, 2020 06:11 am UTC| Research & Analysis
EURGBP remain under pressure, but are now in the lower region of the current 0.8940/30 to 0.9185 range. Technically, the bears snap interim rallies upon shooting star, gravestone doji hanging man patterns. Any...

FxWirePro: USD/RUB Drivers, Projections & Trade Updates
Aug 12, 2020 13:52 pm UTC| Research & Analysis Central Banks Insights & Views
The Russian rouble had weakened earlier in the spring, driven jointly by a collapse of the oil price and collapse of world economic activity. But when both these factors stabilised, the currency was able to rally...

FxWirePro: What Is Spotted-Out In August Seasonality of FX Vol?
Aug 12, 2020 13:14 pm UTC| Research & Analysis Insights & Views
August FX vol bounce is real, particularly in yen crosses but monthly vol rallies tend to be only of the order of 1vol. This relatively benign outcome leaves us comfortable with carrying short skews as a core theta-earning...
FxWirePro: Demand/Supply Equation & Hedging Strategy of Brent Crude
Aug 12, 2020 11:02 am UTC| Research & Analysis Insights & Views
After six consecutive weeks of stalling global mobility, we trim our 2H20 demand assumptions by 1.5 mbd. The core demand scenario calls for a shallower recovery, rather than a renewed sharp downturn as governments,...

FxWirePro: Dollar Seems Apprehensive On Fed’s Concerns, Short USD/CHF
Aug 12, 2020 10:17 am UTC| Research & Analysis Central Banks Insights & Views
Negotiations on a new economic stimulus package in the USA are still at an impasse. Since Friday there are said to have been no more direct talks between Democrats and Republicans. The markets and the Dollar are still...

Aug 12, 2020 07:11 am UTC| Research & Analysis Central Banks Insights & Views
The Kiwis central bank (RBNZ) left the stance of monetary policy broadly unchanged today, as widely anticipated. The RBNZs headline was that a further easing in monetary policy has been delivered. But it is further only in...