Oct 27, 2016 13:30 pm UTC| Commentary
The Turkish lira had a volatile session yesterday with USDTRY falling to 3.07 in the morning session first, before turning around to head up to nearly 3.09 by the afternoon. For now, it has bounced back again to the...
Oct 27, 2016 12:10 pm UTC| Central Banks Commentary
OTC updates: The ATM implied volatilities are not rising considerably, still below 7.5% (to be precise 6.5% for 1W expiries and 7.25% for 1M expiries). Well, if you have short positions in option and IVs are shrinking...
Oct 27, 2016 11:22 am UTC| Research & Analysis Commentary
Before we begin with the strategy run through, lets have aglance on the underlying spot movements of EURCHF and the OTC FX updates. EURCHFs range bound pattern is still persisting for about more than a year or so, from...
FxWirePro: A glimpse on Swiss franc – Uphold USD/CHF put ladders on 1m tepid vols
Oct 27, 2016 07:41 am UTC| Central Banks Commentary
Stay short in USDCHF; trade is very close to stop-out level. This trade was initially recommended in September post-BoJs September policy framework change on the expectation that the BoJ shift would bring attention to...
Oct 27, 2016 06:57 am UTC| Central Banks Commentary
The RBAs Q3 print sat awkwardly for the market, with the first blush of headline inflation leaving investors pondering if the low has been set. However, underlying inflation was certainly soft and does not eliminate the...
Oct 26, 2016 13:59 pm UTC| Technicals
Before we begin with this technical write up, just to bring into your notice that this precious yellow metal has always been US rates sensitive commodity. The gold price has been spiking at 3 weeks highs but remained...
Oct 26, 2016 12:50 pm UTC| Central Banks Commentary
Polands Central Statistical Office (GUS) gave guidance that we should expect Q3 GDP to have increased by just under 3.1%, about similar to Q2. But the forecasts for Q3 GDP were marginally lowered after IP and retail...