FxWirePro: NZD/USD bullish and bearish perspectives and swap rates
Aug 02, 2017 07:47 am UTC| Research & Analysis Insights & Views
The spot NZDUSD prices seem to be fragile to correcting further towards 0.7400 for the day. Medium term perspectives: Stretched technical indicators and stretched long positioning argue for a decent downward correction,...

FxWirePro: USD/NOK risk reversals seem worthy than euro crosses
Aug 01, 2017 13:08 pm UTC| Research & Analysis Insights & Views
For those eyeing cheap optionality to protect returns against an abrupt Euro reversal, USDNOK risk reversals are worth keeping an eye on. NOK has been helped by higher oil prices, but HUF, PLN, and even GBP have...
FxWirePro: Dual strong thematic but defensive trade ideas in cross assets via variance swap spreads
Aug 01, 2017 12:52 pm UTC| Research & Analysis Insights & Views
We have suggested two cross-asset variance swap spread trades since the note, and there are important lessons that we have learned in a low-vol environment. As these trades are most likely to be used for carry in a low-vol...
FxWirePro: Cheap valuations available in CEEMEA FX pool
Aug 01, 2017 11:40 am UTC| Research & Analysis Insights & Views
In EM, keep structural long in ILS vs a 50:50 EUR:USD basket and stay short EURCZK. We are bullish the koruna and expect the currency to trend appreciate over the coming months. Long ILS vs a 50:50 EUR:USD basket for a...

FxWirePro: Long delta/short vega in EUR/CHF call flies seems optimized hedge
Aug 01, 2017 11:04 am UTC| Research & Analysis Insights & Views
Please be noted that the OTC VIX for EURCHF has been the highest, but IVs of longer tenors have still been on the lower side, while risk reversals indicate the hedgers interests in the bullish risks. With limited room...

FxWirePro: Option straps to hedge NZD/JPY invoices
Aug 01, 2017 08:28 am UTC| Research & Analysis Insights & Views
Please be noted that call options of 1m and 2m tenors are trending higher at 9.22% and 9.33% respectively. Please also be noted that the options with a higher IV cost more which is why in this case OTM puts have been...

Aug 01, 2017 07:20 am UTC| Technicals Insights & Views
NZDJPY bears resume with bearish engulfing in minor trend, as a result, yesterdays rallies are restrained below EMAs, and the current prices again remain below 7-SMAs. Bearish SMA crossover signals more slumps. So, we...