Jun 17, 2016 09:17 am UTC| Commentary
The yen recovery is probably not over yet and USD/JPY upside is likely to be delayed until later in H2, as neither a sudden acceleration in the Fed tightening path nor imminent BoJ action seem very likely. After losing...
FxWirePro: GBP/USD IV scenarios amid Brexit/Bremain outcomes
Jun 17, 2016 07:41 am UTC| Commentary Technicals
GBP/USD 1w IVs have crossed 50%, as per our observation, volatilities are possibly not exorbitant, and could even be complacent, given the spot moves implied by the options market quotes. As you can make out from the...
FxWirePro: How is theta beneficial for option writers in XAU/USD 3-way straddle versus put
Jun 17, 2016 06:42 am UTC| Research & Analysis
Since weve advocated the 3-way straddle versus put on golds hedging, this is just to follow up to our previous write up. The implied volatility of 1W XAU/USD ATM contracts 17% but 23.52% and a tad above 20% for 2w and...
Jun 17, 2016 05:51 am UTC| Research & Analysis
GBP/JPY attempt to bounce back today after non-stop streaks of slumps but we reckon upswings are just as deceptive rallies. Brexit polls have been notoriously volatile. Before last week, the stay camp appeared to have...
Jun 16, 2016 12:55 pm UTC| Insights & Views
Weve been urging for gold price resurgence ever since we spotted out a hammer pattern candle at 1243.54 levels on 8th of this month (when we advised a technical call on XAUUSD). For more reading on our previous call,...
Jun 16, 2016 12:16 pm UTC| Insights & Views Central Banks
Initiate longs in 3-month ATM call option on USDTRY volatility: We recommend a long volatility position via a 3-month at-the-money call option on USDTRY vol, which currently costs 2.6104% in premium (ATMD strike of...
Jun 16, 2016 10:44 am UTC| Technicals
Technical Inference: We urged for golds resurgence on 8th (i.e exactly a week ago), that is when you could spot out a hammer pattern candle at 1243.54 levels. For more reading on our previous call, please go through...