May 23, 2016 09:40 am UTC| Commentary
OTC Outlook: The current ATM IVs are at 9.12%, likely reduce to massively at 7.5% for 1w expiries, even 1m tenors show reducing vols. While risk reversal still divulges bearish sentiments lingering in EURJPY OTC FX...
May 23, 2016 07:53 am UTC| Technicals
A dragon fly doji is traced out at 0.7227 levels which is at the troughs of the downswings. We kept urging for our bearish targets 0.7648 as well as 0.7502 from last couple of weeks, which are very well achieved by...
May 23, 2016 07:33 am UTC| Research & Analysis
OTC IVs and sensitivity table, we consider 1M ATM IVs at 12.00% at spot FX 0.7332 levels which is still the highest among G10 currency pool and 11.89% for 1W tenors. The pair still signals highest bearish sentiments...
May 23, 2016 06:05 am UTC| Research & Analysis
The RBA surprised by cutting in May, which suggests another cut to 1.5%, probably in August. The RBNZ is expected to cut to 1.75% in June. With both central banks behaving similarly near term, we would expect the cross...
May 23, 2016 04:59 am UTC| Technicals
A Shooting star pattern is traced out exactly at 1.0749 levels while breaking supports at 1.0750 levels. The current prices have consistently slid below DMAs and they are slipping through 7DMA. Watch out for more...
FxWirePro: Delta hedge of NZD/USD as 3 months uptrend now turning adverse and IVs likely to spike
May 20, 2016 13:25 pm UTC| Research & Analysis
NZDUSD 3 months price bounces have now taken a halt and reversing into bearish sentiments s you can see in the technical charts. The current ATM IV of NZDUSD is at 11.42%, and most likely to jump at 13% ahead of...
FxWirePro: Cross hedging between EUR/GBP/USD as bidding 1m risk reversals
May 20, 2016 12:24 pm UTC| Research & Analysis
Before we begin with hedging framework lets once glance over OTC updates as to why do we prefer cross hedge between these pairs, we are particularly emphasizing on 1m risk reversals. Please be noted that the risk...