Apr 21, 2016 13:00 pm UTC| Technicals
Technical Watch: Euro gains almost against all majors after ECBs monetary policy remained in line with forecasts. Thedeposit rate, charged on commercial bank deposits at the ECB, remained at -0.4% and the marginal...
FxWirePro: Hedge Euro yields on ECB’s dovish monetary policy decision
Apr 21, 2016 12:31 pm UTC| Insights & Views
As widely anticipated, the ECB maintained its benchmark refinancing rate on hold at a record low of 0.0% on April 21st 2016, following a 5 bps cut in the previous month. As we expect the downward pressure on long yields...
Apr 21, 2016 12:19 pm UTC| Commentary
Hedge short-term USD expenses via FX forwards and Medium to Long term USD expenses via options: At spot FX flashes of EURUSD at 1.1356 we see delta risk reversal for contracts of 1W and 1M expiries have shown bullish...
Apr 21, 2016 11:20 am UTC| Technicals
At spot FX flashes of EURUSD at 1.1302 we see delta risk reversal for contracts of 1W and 1M expiries have shown bullish recovery signals, but in long term (3M-1Y) put contracts are on higher demand. But the...
Apr 21, 2016 08:27 am UTC| Technicals
Trend: Bullish in short term and Bearish in long term. We run you through emphasizing long term trend analysis. USDTRY bearish momentum seems stronger after breaking major support levels. Firstly, breaking after...
FxWirePro: ATM delta instruments in hedging USD/TRY FX risks via diagonal spreads
Apr 21, 2016 07:13 am UTC| Technicals
Technically, USDTRY bearish momentum stronger after breaking support at 2.8218 levels, today even though pair is spiking the current prices have been well below DMAs and 7DMA crosses over below 21DMA which is still a sell...
Apr 21, 2016 06:42 am UTC| Commentary
Suppose at current GBPUSD spot FX is trading at 1.4330, an options trader constructs a 2:1 put backspread by shorting 1W (1%) ITM put for $1654.39 and simultaneously, going long in 2 lots of next month (1%) OTM puts for...