Steady decline in realized volatility suggests further rise in S&P 500

Sep 10, 2015 10:25 am UTC| Insights & Views

In spite of sharp drop yesterday, steady decline in realized volatility measured by 10 day Average True Range (ATR) suggests there could be further rise in SP 500. Focus now is on FOMC next Thursday. US stocks might...

BOE’s monetary policy preview

Sep 10, 2015 09:44 am UTC| Insights & Views Central Banks

Bank of England (BOE) is scheduled to announce its monetary policy at 11:00 GMT, will release minutes of meeting along with. Pound is trading just below key resistance of 1.543 against Dollar, heading into monetary...

Guide to today’s important data and events

Sep 10, 2015 08:54 am UTC| Insights & Views

Lot of economic dockets scheduled for today, some with high risks associated. Data released so far - Australia - Consumer inflation expectations dropped to 3.2% for September from 3.7% in August. Unemployment rate...

FxWirePro: Improvising odds for AUD/JPY PRBS as IV of ATM instruments increase

Sep 10, 2015 08:22 am UTC| Insights & Views

The implied volatility of near month ATM calls are perceived almost close to 16.55% which is quite higher side while using vega spreads we can neutralize IV effects and participate in prevailing short term downswings.One...

FxWirePro: Certain returns on deep OTM puts in AUD/CAD put ladder – use upswings for new positions, bearish trend to resume

Sep 10, 2015 07:26 am UTC| Insights & Views

Technical Roundup:Those whove constructed the below strategy when we advised this last week, the premiums from deep out of the money puts with shorter expiry would have been certain profits. The downtrend that has been...

FxWirePro: AUD/USD’s relentless downswings and higher IV exert a pull on gamma spreads

Sep 10, 2015 07:02 am UTC| Insights & Views

The prevailing implied volatility rates for AUD/USD ATM 1M and 1W contracts is 13.5%, while delta risk reversal for 3M to 6M contracts is exceeding -2 which means donwside sentiments are piling up. Since Aussie balance of...

Currency snapshot (major pairs)

Sep 09, 2015 18:40 pm UTC| Insights & Views

Dollar index trading at 96.13 (-0.09%). Strength meter (today so far) - Euro -0.25%, Franc +0.24%, Yen -0.60%, GBP -0.18% Strength meter (since last week) - Euro +0.31%, Franc -0.39%, Yen -1.47%, GBP +1.33% EUR/USD...