
FxWirePro: CAD/JPY OTC updates and FX options strategy for both trading and hedging
Mar 16, 2018 07:18 am UTC| Research & Analysis Insights & Views
CADJPY is one of the better candidates since recent CAD weakness has undershot recent moves in oil and rate spreads. But any recovery in crude oil prices may cushion CAD in the upcoming days. Well, please be noted that...
FxWirePro: Spotlight on ECB updates and European derivatives
Mar 15, 2018 13:03 pm UTC| Research & Analysis Central Banks Insights & Views
The disappointing US retail sales figures yesterday weighed on Treasury yields, but the impact on the currency markets appeared to be more muted, as markets also digested dovish comments from ECB President Mario Draghi and...
FxWirePro: Mixed bag of propositions in EMFX trading baskets on lingering risks of US tariffs
Mar 15, 2018 11:47 am UTC| Research & Analysis Insights & Views
The main risk to the FX outlook is that it depends on a gradual evolution of the economic cycle. The longer the US economy grows at the current rate (or a bit slower) without triggering a sharp pick-up in inflation, the...

FxWirePro: Trade and hedge AUD/NZD via ‘Options Strips’
Mar 15, 2018 07:46 am UTC| Research & Analysis Insights & Views
AUDNZD in a neutral state near term, a 1.0700-1.0800 range likely to contain. But in medium-term perspective:We could foresee the potential for a further decline towards 1.06 during the next month, given recent interest...
FxWirePro: March appears to be murky for Turkish lira – Uphold long hedge
Mar 14, 2018 14:19 pm UTC| Research & Analysis Insights & Views
The Turkish lira has weakened through March and slipped noticeably during trading yesterday, with the TRY basket exchange rate (vs. half EUR, half USD) ending up 2.3% weaker compared with the beginning of March. A number...

FxWirePro: Long EUR/AUD hedge via economical FVA Vega spreads
Mar 14, 2018 12:19 pm UTC| Research & Analysis Insights & Views
In order to take advantage of vol/correlation setup, one could play directionally stronger reserve currency vs. weaker high beta (vs. the USD) via worst-of options. Rich correlations and still generally depressed vols...

Mar 14, 2018 11:59 am UTC| Research & Analysis Insights & Views
Lets glance at GBPUSD sensitivity tool, the positive shift in risks reversals that indicate the bullish risks in underlying spot FX prices in near-term. While positively skewed IVs of 1m tenors are well balanced that...