
Jul 12, 2016 07:49 am UTC| Research & Analysis Insights & Views
Swedish Krona has been under pressure since the Brexit, EURSEK has gained from the lows of 9.2474 levels to the current 9.4776 levels (almost 2.5% within 8-10 days of the outcome of Brexit). However, todays inflation...

Jul 12, 2016 07:08 am UTC| Insights & Views
Before we begin, lets just have a glance on OTC market positioning for hedging the uncertainty in USDJPY. ATM IVs for next 1-2 months contracts reasonably higher at around 13-14% ahead of FOMC speeches and this months...

Jul 11, 2016 13:03 pm UTC| Research & Analysis Insights & Views
NZD remains overvalued, while milk powder prices have stayed depressed and inflation in New Zealand has surprised to the downside. New Zealand is suffering from disinflationary pressures, with reported CPI inflation...

FxWirePro: How does G7 currency space look like after a fortnight of Brexit outcome?
Jul 11, 2016 12:51 pm UTC| Insights & Views
Signs of Brexit contagion in FX and Rates vol markets are very dim, and we keep our tactical short gamma bias for the upcoming weeks. This week, the monetary policies of BoE and BoC are in the focus, China data deluge,...

FxWirePro: Dual risk aversion scenarios amid divergence between 3m EUR/USD and USD/CHF volatilities
Jul 11, 2016 11:51 am UTC| Research & Analysis Insights & Views
This write up is articulated with a view to intend to prefer volatility spread due to the divergence offered by two G10 currency pairs (i.e. EURUSD USDCHF) post-Brexit referendum. An expensive and asymmetric spread...

Markets priced in 75pct chance of a rate cut from BoE this week
Jul 11, 2016 11:26 am UTC| Insights & Views Central Banks
UK Monetary Policy Committee will meet on Thursday, July 14th, for the first time following the EU referendum result. Attention is now focused on how policymakers will respond to the Brexit vote. Market expectations riding...

FxWirePro: Long USD/CHF vs Short EUR/USD 3m volatility swaps
Jul 11, 2016 11:15 am UTC| Insights & Views
Further divergence between EUR/USD and USD/CHF volatility A spread of volatility swaps is exposed to the volatility differential between two currency pairs. Investors holding the position until the 3m expiry face unlimited...