Nov 11, 2016 13:11 pm UTC| Research & Analysis
Stay long EURNZD, as the kiwi dollar has been relatively resilient this week as New Zealand was one of only two G10 currencies where interest rates increased this week. The outperformance came on the back of a lower...
Nov 11, 2016 10:52 am UTC| Research & Analysis
Key Economic Fundamentals: The yen eased further in Asia on Friday ahead of preliminary GDP data that is scheduled on next Monday. Japan prints October PPI MoM -0.1% versus previous 0.0% and YoY -2.7% versus -3.2%...
FxWirePro: Use GBP/JPY rallies and positively skewed IVs for credits to deploy put spreads
Nov 11, 2016 07:27 am UTC| Research & Analysis
Major downtrend of GBPJPY is still robust, since 10th October we saw whipsaws pattern, the pair hasnt moved anywhere beyond 128.498 northwards nor even 125.289 on southwards. But for now, the current prices jump above DMAs...
Nov 10, 2016 14:06 pm UTC| Research & Analysis
USDSGD 1M 25D risk-reversals: USDSGD 1M 25D risk-reversals are at multi-year lows (see chart), around levels that prevailed ahead of the Brexit vote in June. The spot-vol correlations should remain high and positive in...
Nov 10, 2016 12:25 pm UTC| Research & Analysis
We firmly maintain our bearish stance in ZAR, with the South African rand screening as exorbitantly priced versus the dollar, even as the domestic political story has suffered a meaningful shift. The rand now appears to be...
Nov 10, 2016 11:29 am UTC| Research & Analysis
AUD/JPY vs. EUR/JPY gamma spreads: Standalone cross-yen gamma may be a tough buy at current levels, but AUDJPY vs. EURJPY 1M gamma spreads are far better priced and have historically done a fair job of proxy-hedging global...
FxWirePro: Bidding USD/JPY 1m/3m risk reversals to optimize hedging via diagonal credit put spreads
Nov 10, 2016 10:03 am UTC| Research & Analysis
The FX Markets began pricing in owing to a Trumps victory after the Republican candidate took the lead over the democrat. The U.S. dollar managed to bounce back vigorously after the US Election Day from the slumps of...