Nov 08, 2016 06:39 am UTC| Technicals
The broke above 0.7700 on the FBI news but again struggling to clear 0.7725 and slid below 0.77, it may target 0.7735-0.7780 area next (10 Aug peak) in the days to come. After AUDUSD bulls taking support at 0.7586...
Nov 07, 2016 15:00 pm UTC| Central Banks Research & Analysis
It does come as a surprise that - contrary to other risk events such as the Brexit referendum etc. - the SNB does not create a buffer of CHF weakness which would prevent the franc from appreciating excessively in the case...
FxWirePro: Trump or Clinton..? Resilience in EMFX gets kick-off
Nov 07, 2016 14:36 pm UTC| Insights & Views
Trump scenario: A Trump win is more negative than a Clinton win is positive, and the downward pressure on EM FX is likely to be sustained for quite some time. The currencies most at risk are those with large trade...
FxWirePro: Excessive yen skew premium to generate gap between EUR/USD and EUR/JPY
Nov 07, 2016 12:07 pm UTC| Research & Analysis
The excessive yen skew premium Yen calls are in high demand for all crosses (see above graph) as the market is behaving in a risk-off way. As we wrote here and here, the yen probably met an inflexion point after months of...
Nov 07, 2016 11:10 am UTC| Central Banks Commentary
The markets betting odds for a November OCR cut has been very unwavering during in the recent past at probabilities slightly more than 80%. However, the market now reckons any further easing beyond Nov as a zero chanceand...
FxWirePro: AUD/NZD reverse ratio spread to magnify yields in mounting bearish environment
Nov 07, 2016 08:13 am UTC| Research & Analysis
AUDNZD in short run: The corrective declines have so far retraced over 50% of the Sep/Oct rally. It has scope to extend this retracement to 62% or 1.0440. 10D at the money volatilities of 50% delta calls are just shy...
Nov 07, 2016 08:10 am UTC| Research & Analysis
EUR/USD and yen options at each end of the G10 skew. The revived US election risk created an unusual pattern seeing a weaker dollar combined with higher FX volatility, creating opportunities in skew space. The US...