FxWirePro: Reasons for safeguarding Aussie export payables—A glimpse on the AUD/USD hedging drivers
Apr 11, 2016 08:55 am UTC| Commentary
Over the longer-term, we expect AU growth to remain subpar and AUD to drift lower. But, there have been a few key things to watch out in H2 of 2016. Federal election must be held by Jan 2017 (more fiscal...
FxWirePro: No signs of AUD recovery in 2016 amid significant geopolitical events
Apr 11, 2016 07:35 am UTC| Technicals
The rallies were extended a week ago as the AUD continued to push to fresh 2016 highs (at 0.7722) but those gains were unsustainable last week and the atmosphere seems weaker in the months to come in 2016. The majority of...
Apr 07, 2016 13:05 pm UTC| Commentary
ATM IVs of GBPUSD are at 11.85% for 1w expiries and 16.35% for 3 months tenor, while extremely negative sentiments signalled by delta risk reversal numbers on all expiries. 1W ATM call premiums Trading 13.61% more than...
Apr 07, 2016 13:02 pm UTC| Technicals
Bears in GBPUSD dont seem to be complacent as this is evident if you observe that the sterling against dollar has been collapsed almost about 11.67% in last 10 months, observing at the current GBP environment we could...
Apr 07, 2016 11:38 am UTC| Technicals
Trade-weighted Sterling Sinks to 2-year Low. Gains against the U.K. currency helped the dollar hold above recent lows. 3M ATM IVs of GBPUSD and EURGBP spiking above 16% and 14% respectively. Brexit concerns sent...
Can sterling count on U.K. industrial numbers tomorrow? The other driving forces of hedging FX risks
Apr 07, 2016 11:14 am UTC| Commentary
Offlate, U.K. has been producing lackluster economic numbers right from sluggish retail sales numbers to trade balance, manufacturing, construction and service PMIs. These vital economic numbers have failed to cushion GBPS...
Apr 07, 2016 08:51 am UTC| Technicals
This is what was advised exactly a week ago, 1 leg of strategy has derived as desired. Please refer below link for further...