Nov 06, 2017 10:39 am UTC| Research & Analysis Insights & Views Central Banks
Scale back EUR longs and increase USD longs: Rotate long EURCHF into long USDCHF via risk reversal; keep EURUSD call spread The much-awaited ECB meeting was modestly dovish and with it, Draghi was able to deliver euro...

FxWirePro: EUR/JPY OTC indications and hedging perspectives
Nov 06, 2017 07:25 am UTC| Research & Analysis Insights & Views
Please be noted that the risk reversals are still indicating bearish risks, while positively skewed IVs of the same tenor signifies the hedgers interests in OTM put strikes. On the flip side, if you look at the...

Nov 06, 2017 06:56 am UTC| Technicals Insights & Views
After 50% Fibonacci retracements from the lows of 109.206 levels, the EURJPY price has been inching towards 2-years highs despite shooting star pattern at 132.336 levels (refer previous month candle). EURJPY rallies are...
FxWirePro: CME to launch crypto futures amid BTC hits all-time highs
Nov 03, 2017 13:56 pm UTC| Digital Currency Research & Analysis Insights & Views
Bitcoin shoots up above $7,449.99 mark a coin against the dollar just at around 8:00 UTC. But, post-rally, the cryptocurrency has slumped slightly below $7,250 area. Before we begin with this write up, lets just know as...

FxWirePro: Two options RVs to lure speculators - Bid for AUD/USD seagulls, CLP risk reversals
Nov 03, 2017 13:18 pm UTC| Research & Analysis Insights & Views
AUD has been a longstanding favored short candidate on the view that persistent inflation undershoots, lack of wage pressures and labor market weakness will prevent the RBA from participating in the reflation theme;...
FxWirePro: Hedging perspectives in G7 FX space during pre and post-central banks’ actions
Nov 03, 2017 10:05 am UTC| Central Banks Research & Analysis Insights & Views
From a vol perspective however, there is little value in positioning for this constructive baseline with implied vols only a whisker away from 2Q17 cycle lows and investors already more than well-positioned for the same...
FxWirePro: Fed repricing stimulates bullion bears – Stay short in Gold futures of far-month tenors
Nov 03, 2017 09:23 am UTC| Research & Analysis Insights & Views Central Banks
A possible bottoming out in inflation and the Fed repricing of a December hike are outright bearish and gold should rebase lower. To this end, the median Fed participant continues to look for one more hike this year (in...