FxWirePro: Hedge gold risks via 3 way straddles versus calls as disparity between premiums and IVs
May 24, 2016 10:07 am UTC| Research & Analysis
Gold spot is attempting to break crucial supports, now on the verge of breaking 1240 levels, gold futures for June delivery on the Comex division of the NYME fell to a session low of $1,242.59 a troy ounce before...
May 24, 2016 07:14 am UTC| Commentary
We are emphasizing on long term uncertainties ahead of series of event risks such as Brexit, Grexit and inflationary challenges etc. Various poll surveys still indicate lot of uncertainties lingering around EUR and...
May 24, 2016 05:26 am UTC| Research & Analysis
Japan recorded a 823.47 JPY billion surplus in April of 2016, compared to a 58.34 JPY billion deficit a year earlier and beating market consensus of a 492.80 JPY billion surplus. It is the largest surplus since March...
May 24, 2016 04:42 am UTC| Technicals
Ever since the slumps from rising wedge resistance at 74.824 levels, the pair has been consistently tumbling. Bears have again been active to push back southwards breaking support at 73.863 levels. The current prices...
May 23, 2016 12:42 pm UTC| Commentary
OTC Outlook: ATM implied volatilities are severely shrinking away, slipped below 7% (to be precise 6.75% for 1W expiries and 9% for 1M expiries). Well, if you have short positions in option and IVs are shrinking away,...
FxWirePro: Eurozone PMIs move in sync with 25-delta risk reversals of euro crosses
May 23, 2016 12:37 pm UTC| Commentary
Flash Eurozone PMI Composite Output Index at 52.9 (53.0 in April) which is 16-month low. Flash Eurozone Services PMI Activity Index unchanged at 53.1 (53.1 in April). Flash Eurozone Manufacturing PMI(3) at 51.5...
FxWirePro: EUR/NOK hedging alternatives after G7 summit as IVs lacklustre to pick up
May 23, 2016 11:52 am UTC| Commentary
The G7 meeting concluded over the weekend and while worries around global growth were expressed, little was offered in terms of solutions, with most of the focus around new measures to combat financing terrorism. No new...