FxWirePro: USD/INR bounces above 7DMA but finds resistance at 21DMA - INR hedging ideas for FX risks
Apr 06, 2016 09:24 am UTC| Technicals
Technical glimpse: The breakdown in USD/INR continues with a renewed trending bias. The break out above of the resistance 66.68 zone (Jan breakout/21DMA) highlights the importance of the upward targets. Otherwise,...
Apr 06, 2016 07:18 am UTC| Technicals
The Reserve Bank of Indias (RBI) governor Raguram Rajan announces 25bps rate cut on Tuesday which has been in line with streets expectations, but a bigger surprise was the host of liquidity-supportive measures. The...
FxWirePro: Are you still bearish on NZD/JPY - add defensive call for hedging on HY vols
Apr 06, 2016 06:57 am UTC| Technicals
1W ATM IVs of the pair is at 15.62% and 15.51% for 1M tenor. Glance the eyes on sensitivity table for probability numbers for OTM striking call in 1 weeks tenors. You could also observe the attractive %change in...
Apr 06, 2016 06:06 am UTC| Technicals
The pair declined soon after the formation of long legged doji at 77.718 levels, fell from the highs of 78.210 to the current 75.177 levels. Thats where it has struggled to hold onto the resistance at 76.690 levels...
FxWirePro: how do you deal USD/CHF's lower IVs? - "Condor Spread" could be the answer
Apr 05, 2016 14:15 pm UTC| Technicals
Off-late, Swiss managed to produce an upbeat trade surplus numbers on the flip side. The healthy Swiss trade balance has printed at CHF4.07 billion in February of 2016 from CHF2.29 billion a year earlier and beating market...
Apr 05, 2016 12:51 pm UTC| Research & Analysis
Lets ponder a trader thought implied volatility of ATM EUR/GBP call option of 1W expiries indicate overpriced premiums (see diagram for premiums and its NPV). Thus, it tends to short the volatility. Lets now suppose...
Apr 05, 2016 12:15 pm UTC| Research & Analysis Insights & Views
General business sentiment in New Zealand dropped from +13% in December to -1% in March. This was well below the average level of the last few years, although it was still an improvement on the -11% reading in the...