FxWirePro: Euro call switches and options triangle strategies
Jul 05, 2017 10:55 am UTC| Central Banks Insights & Views
The economic recovery in the eurozone has strengthened and thanks to the prospect of an imminent exit from the ECBs expansionary monetary policy, EUR has appreciated. After the ECB already removed the reference to...
FxWirePro: Euro vols still looks low for EUR/USD swaptions compared to rates
Jul 05, 2017 08:04 am UTC| Central Banks Insights & Views
There are also reasons on the EUR side of things for not allowing the EUR euphoria to go too far. Some European Central Bank policymakers are having doubts about signaling in July that they are moving closer to dialing...

Jul 05, 2017 07:04 am UTC| Technicals Insights & Views
It has been struggling momentum for the streaks of consecutive rallies of last 4 months. On 4H charts, we dont encourage longs despite current minor upswings. Instead, we are slightly bearish bias due to following...

Jul 04, 2017 12:33 pm UTC| Research & Analysis Insights & Views
EUR vol risk reversals remain low compared to the level of rates (refer above diagram). Also, in longer tails, the EUR volatility smile remains flat compared with the rates vs vol correlation seen since 2015 and over the...

Jul 04, 2017 11:35 am UTC| Technicals Insights & Views
Interim bearish swings in consolidation phase are coupled with both leading and lagging oscillators. Amid the mild downswings for the day, bulls are on the verge of hitting 4-weeks highs. Bulls manage to break-out...
Jul 04, 2017 10:43 am UTC| Research & Analysis Insights & Views
WTI crude prices have been inching higher towards $47 ahead of tomorrows EIAs inventory check, today the rallies seem to be little edgy snapping eight days of gains in what was the longest unbroken rally in more than five...

FxWirePro: RVs versus IVs in G7 FX space, what has low vol in it?
Jul 04, 2017 09:30 am UTC| Research & Analysis Insights & Views
Weve seen the H12017 has turned out to be one dominated by USD weakness, and the outperformance of EM carry, an outcome expected by few at the beginning of the year. FX vols enter H2 meaningfully cheap versus macro...