FxWirePro: Long EUR/USD versus short USD/JPY 3m volatility swaps as volatilities to converge
Aug 10, 2016 07:51 am UTC| Research & Analysis
Long/short of volatility swaps as a pure volatility trade between EUR/USD/JPY, we recommend getting pure volatility exposure via a long short of volatility swaps. This allows for getting rid of systemic delta hedging...
Aug 05, 2016 13:01 pm UTC| Research & Analysis
Although the gold spot was unable to breach 1375 mark and sustain above, dear bullion speculators or investors please be mindful that the prevailing dips are not far over 2 and ahalf year highs, bulls are pretty much on...
Aug 05, 2016 12:32 pm UTC| Research & Analysis Insights & Views
Technical roundup: Lot of puzzling has been happening in CADCHF when we consider the intermediate trend of this pair, as per our previous post on technicals, the prices are going in sideways, and now it is time for CHF...
FxWirePro: Bidding 3m cable risk reversals to arrest tail risks of Brexit and BOE easing
Aug 05, 2016 10:50 am UTC| Central Banks Research & Analysis Insights & Views
Yesterday saw the BoE deliver comprehensive easing including, a 25bp cut in Base Rate, 60bn in additional gilt purchases, 10bn of corporate bond purchases and introduce a new Term Funding Scheme. The total package exceeded...
Aug 05, 2016 07:55 am UTC| Central Banks Insights & Views
As expected, the statement fell short of providing explicit forward guidance, but we interpret the larger number of risks to the outlook and the RBAs forecast that average underlying inflation would be stuck at the bottom...
Aug 05, 2016 07:35 am UTC| Research & Analysis
Please be noted that the implied volatility for near month at the money contracts of this APAC pair has been dropped below 10% for 1m expiry. While delta risk reversal reveals divulge more interests in hedging...
How would landmark Indian tax regime (GST) impact INR? Mitigate FX risks by derivative instruments
Aug 04, 2016 13:01 pm UTC| Insights & Views
The upper house unanimously approved a nationwide Goods and Services Tax (GST) yesterday. It was a historic moment after more than a decade when it was first proposed. It sends a strong signal of the governments pragmatism...