FxWirePro: Snippets of USDJPY OTC market and options strategy ahead of Fed and BoJ

Jun 14, 2019 08:50 am UTC| Research & Analysis Central Banks

The JPY appreciation was notable in the latter half of the month, mainly due to deterioration in risk sentiments as concerns for an escalation of trade wars between the US and China strengthened. USDJPY fell below...

FxWirePro: Spotlight on Fed and BoJ in H2’2019, Uphold USD/JPY short hedges

Jun 14, 2019 07:39 am UTC| Research & Analysis Central Banks

USDJPY is dipping below 108.250 level to wrap up this week. As we head into the next week, major central banks (BoJ and Fed) are center of attraction as they are scheduled for their monetary policies, on Wednesday, and...

Fed Hike aftermath Series: Hike probabilities over coming meetings

Jun 14, 2019 04:50 am UTC| Commentary Central Banks

FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 14th...

FxWirePro: Implications of SNB’s MPS on EUR/CHF, OTC updates and options trades

Jun 13, 2019 12:01 pm UTC| Research & Analysis Central Banks

This has been a year of lower vols, especially among FX space. Just glance at the OTC FX markets, shrinking implied volatilities (IVs) are luring options writers. Please observe USDCHF, EURCHF, and GBPCHF are showing lower...

BoJ likely to stand pat at June 19-20 policy meeting amid rising pressure to cut interest rate, says ANZ Research

Jun 13, 2019 10:02 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is not expected to adopt any policy change at its June 1920 meeting, amid growing pressure for the central bank to cut its policy rate, according to the latest report from ANZ Research. The BoJ...

FxWirePro: Trump Apprehensions on Fund’s Rate Ahead of FOMC MPS – Take a Look at EUR/USD OTC Updates and Options Strategies

Jun 13, 2019 08:30 am UTC| Research & Analysis Central Banks

As far as US monetary policy is concerned the US President is pushing the Federal Reserve into a corner with his constant criticism of its policies. Even if the FOMC was to lower the key rate purely as a result of...

FxWirePro: GBP/CHF short put ladders - Capitalize on deceptive rallies to favor put writers on lower IVs ahead of SNB

Jun 12, 2019 11:57 am UTC| Research & Analysis Central Banks

This has been a year of lower vols, especially among FX space. Just glance at the OTC FX markets, shrinking implied volatilities (IVs) are luring options writers. Please observe USDCHF, GBPCHF, and EURCHF are showing lower...