
Sep 14, 2016 12:41 pm UTC| Central Banks Insights & Views
FX OTC market has been reluctant for Swiss franc despite SNBs monetary policy tomorrow. Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency...

BoE likely to stay pat at Thursday's meeting, minutes in focus for any changes to its easing bias
Sep 14, 2016 10:54 am UTC| Insights & Views Central Banks
After delivering a comprehensive package of policy easing measures in August, the Bank of England (BoE) is widely expected to stay pat at Thursdays meeting. Focus is likely to be on the wording in the minutes which are...

Sep 14, 2016 08:04 am UTC| Research & Analysis Insights & Views Central Banks
In terms of sterlings currency markets, GBP crosses fell by around 1.14% yesterday versus the USD and euro but regained today slightly about 0.17%. Moves lower in the currency may be partly due to some caution/uncertainty...
FxWirePro: NZD/USD knock-out puts carry attractive risk reward ratio
Sep 14, 2016 07:08 am UTC| Research & Analysis Insights & Views
On technical grounds, we point out that last week NZDUSD has formed shooting star candlestick pattern at peaks of 16-months highs which is bearish in nature (at 0.7318 levels, see weekly chart). Diverging daily as well as...

FxWirePro: Overpriced 1w IVs, interest rates differentials keep NZD/USD call writers on upper hand
Sep 14, 2016 07:00 am UTC| Research & Analysis Insights & Views
1w implied volatilities are flashing at 12.61%, while ATM calls of this time frame are priced at 15.38% more than Net Present Value. Hence, these call options are deemed as overpriced in prevailing bearish...
Eager for some good economic news? New Census report has you covered
Sep 14, 2016 00:15 am UTC| Insights & Views Economy
Each year in September, the U.S. Census Bureau releases a report showing how income and poverty have changed over time. The most recent report, which came out on Sept. 13, was filled with great news. Compared with the...

FxWirePro: Risk reversal trades seem attractive in USD/KRW
Sep 13, 2016 13:25 pm UTC| Research & Analysis Insights & Views
The KRW has rallied significantly in the past three months; typically this would mean sharply lower implied vol and skew. KRW implied vol (1m to 1y) is in the upper half of the 5-year range whereas 25d risk reversals...