Gold gamma vol trading: we recently published a long/short gold gamma trading machine learning model that utilizes vols, option implied flow and risk sentiment in making near term predictions about implied-realized gold vol performance. The model is currently expecting realized vol to tactically firm up and perform (above chart - note that a negative P/L indicates preference for long vol position).
Alternatively, long front end FVAs (e.g. 1M1M) may be worth considering, being a good value, offering 0.7pts RV over an outright vol and protecting from a soft patch in realized vol while providing maintenance free exposure.
With NZD vols screening as one of the top sells on the SVM G10 model ranking in refer above nutshell, we like financing long gold gamma with selling NZD gamma vols. The long/short structure minimizes time decay while maintaining the long gold gamma vol upside. The recent run of economic data has been strong, and speculators are extremely short NZD. That should propel NZD higher in the near-term, to 0.6850. Multi-month, though, our expectation that the US dollar will continue to strengthen, as the Fed hikes four more times over the next year, The RBNZ shifted back to a neutral bias (from an implicit easing one) at the Nov MPS, following a strong run of data. It expects to remain on hold over the next year at least. Courtesy: JPM
Currency Strength Index: FxWirePro's hourly EUR is inching at 54 (which is bullish), USD spot index is flashing at -78 levels (which is bearish), while articulating (at 13:02 GMT). For more details on the index, please refer below weblink:


U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Rice feeds billions of people – but its role in fueling climate change is growing
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Cuba needs a long-term solution to its energy crisis
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
Detroit’s high property taxes are driving a housing affordability crisis – how can city leaders bring down costs?
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Morgan Stanley Names Top AI Security and Data Center Stocks for 2026
AI-Driven Memory Chip Prices May Be Skewing U.S. Inflation Data, Fed Minutes Suggest
Spying, Southampton and economic pressure cooker of the ‘richest match in football’
Energy Sector Outlook 2025: AI's Role and Market Dynamics
Gold Cracks Below $4,500 as Safe-Haven Shine Fades; Technical Breakdown Signals Sell-on-Rallies Toward $4,000
NHS shakeup: if it sounds like we’ve been here before, it’s because we have 



