Apr 04, 2016 09:45 am UTC| Commentary
The RBA board convene tomorrow for monetary policy review. The expectation on the cash rate to remain unchanged, however, would be looking for any change to the Banks AUD commentary. There would be interest in the...
FxWirePro: EUR/CHF low volatility play with long put butterfly spreads
Apr 04, 2016 07:34 am UTC| Commentary
1W ATM IVs is at 3.9%, which is the least among G10 currency space. 25-risk reversals still indicates hedging activities for bearish risks. Technically, the pair drifts in range between upper strikes at 1.0319 and...
Apr 04, 2016 06:15 am UTC| Commentary
You can observe the reducing hedging interest as current IVs of ATM contracts are collapsing below 8.5%, shrunk away after no significant economic data releases and especially after central bank policies from both euro and...
Apr 04, 2016 05:31 am UTC| Technicals
The price has rejected below 128.189 levels (see bearish candle with big real body on Friday). It has continued to drop below supports at 127.034 levels (around Fridays low and 7EMA). As you can observe monthly and...
Apr 01, 2016 14:57 pm UTC| Technicals
Weekly technical briefing: The pair could not hold onto major supports at 0.9823, 0.9776 and now at 0.9652 levels, as a result you could see bearish candles with big real bodies. The current prices have slipped below...
FxWirePro: Is FX OTC really exist for EUR/CHF?, 1W IVs least among G20 space - uphold
Apr 01, 2016 13:20 pm UTC| Research & Analysis
Execution: Short 1W (1%) OTM Put and Short 1W (1%) OTM Call Market Outlook: Less Volatile Lower IVs of ATM contracts have been lacklustre, 4.8% for 1W expiry (the least among G20 currency space). and seems like huge...
FxWirePro: AUD/NZD ATM IVs likely to favour option writers in calendar backspreads for hedging
Apr 01, 2016 09:12 am UTC| Technicals
ATM IVs of 1W expiries are at 9.13%, and 9.74% for 1M tenor. Technically, we are seeing stiff resistances at 1.1121 and 1.1290 levels. You evaluate the IVs of 1W expiries with different ITM strikes and their...