
Nov 21, 2017 10:30 am UTC| Research & Analysis Central Banks Insights & Views
Please be noted that the USDCAD OTC market sentiments show bullish neutral flashes, while positively skewed IVs of 3m tenors signify the hedgers interests in OTM calls. Refer above nutshell wherein hedgers seem interested...

FxWirePro: Hedging EUR/JPY as what OTC indications, valuations and trend signal
Nov 21, 2017 09:53 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 contrary, if you observe the technical...

Nov 20, 2017 12:38 pm UTC| Research & Analysis Insights & Views
1992 saw EURGBP, inferred from GBP/DEM, rise from around 0.70 to 0.86 in 1993. GBPUSD fell from 2.01 to a low at 1.41. The pounds fall since early 2015 has seen EURGBP rise from 0.6936 to the August highs of 0.93, in the...

FxWirePro: Ruble goes off-track with crude and configures in high-beta EMFX space
Nov 20, 2017 11:44 am UTC| Research & Analysis Insights & Views
Large gyrations in heavily positioned in high-beta EM FX continued to dominate price action in options markets for another week, but not much of note transpired elsewhere in an otherwise quiet week RUB implied vols...

FxWirePro: A run through on Brent delta-butterflies as to why does smile curve appeal call yields
Nov 20, 2017 10:47 am UTC| Research & Analysis Insights & Views
Crude oil markets are growing nervous, days before OPEC is due to meet in Vienna on 30 November. Front-month prices on ICE Brent are currently retracing around $62.37, down $2.23 from the November highs and putting a pause...
FxWirePro: What’s cooking in commodity-currency bloc?
Nov 20, 2017 09:25 am UTC| Research & Analysis Insights & Views
Instead of policy news, the more notable development this week was the sharp acceleration in the ongoing oil price rally, which puts a spotlight on not only a large and growing deviation between oil prices and petro FX but...

FxWirePro: Stay short in USD/JPY by bidding 2m IV skews and RRs but with dubious eyes
Nov 20, 2017 08:02 am UTC| Research & Analysis Insights & Views
With little new information at hand, we keep our trade recommendations unchanged. The dollar has lost its upward momentum as select high profile drivers of support stalled. However, cyclical conditions are still strong in...