FxWirePro: What does bullish gold hedging mean for you?

Apr 18, 2017 02:23 am UTC| Research & Analysis Insights & Views

When we initiated longs in May17 CME gold at 1250 and silver at a price of $16.88/oz on March 15, 2017, we took the further boost in prices last week as an opportunity to exit our long recommendation at a profit of more...

Moody's: Japan economic momentum building, on the back of rising exports and expected fiscal support

Apr 18, 2017 00:38 am UTC| Research & Analysis

Moodys Japan K.K. has released its latest issue of Inside Japan, which says that the Japanese economy is showing evidence of incremental progress on reflation, after the governments announcement of a fiscal package in...

FX Hedging Strategy Series

FxWirePro: Hedge USD/ZAR’s upside risks via debit call spreads as S&P and Fitch downgrades South African credits to junk

Apr 17, 2017 10:33 am UTC| Research & Analysis Insights & Views

The South African economy still faces persistent headwinds. We forecast a growth rate of only 0.8% for 2017. In 2018, growth should not come in significantly higher; we see it at 1.5%. However, the focus is currently on...

FxWirePro: Ideal time to write exorbitant AUD/USD puts in “Reverse Put Spreads” to optimally hedge further downside risks

Apr 17, 2017 06:19 am UTC| Research & Analysis Insights & Views

AUDUSD contained in a 0.7600-0.7700 range. The pair in medium term perspectives seems to be at risk of testing 0.7600 during the next few days as USD longs are pared. However, in the longer term, we expect to see it...

FxWirePro: Credible Russian central bank curbs depreciation stress – Deploy put spreads for further USD/RUB depreciating risks

Apr 13, 2017 13:13 pm UTC| Central Banks Research & Analysis Insights & Views

After having contracted massively by 2.8% in 2015, the minus in 2016 amounted to only 0.2%. The economy looks set to recover this year and the next. But especially in view of Russias heavy dependence on the oil price, we...

FxWirePro: Swiss franc to boost up even after French political risk elapses and SNB tapers - Append longs in CHF vs USD via put spread and EUR cash

Apr 13, 2017 12:25 pm UTC| Central Banks Research & Analysis Insights & Views

We continue to envisage a phased decline in EURCHF to 1.03 by year-end predicated on a relaxation in the SNBs very aggressive intervention tactics once the immediate threat of exchange rate instability spilling over from...

FxWirePro: Macros to favor more Yen than Kiwis dollar – Snapping Chinese momentary rallies and put buying vs. short selling as NZD/JPY option pricing in sync with IVs

Apr 13, 2017 08:48 am UTC| Research & Analysis Insights & Views

Macro outlook: In japan, Business sentiment improved from the end of last year, but remains cautious. The PMI rose in March as services strengthened and manufacturing declined. Wage inflation remained anemic in...