
FxWirePro: Buying topside euro vols in major dual macro FX themes
Aug 02, 2017 12:49 pm UTC| Research & Analysis Insights & Views
The dual major FX market themes are conceded in the recent past, the sensitivity and focus on reassessing central bank policy, and the ongoing vulnerability of the dollar. For Swiss Franc, no particular thing is found...
FxWirePro: FII’s in Korean equities likely to append stress on KRW
Aug 02, 2017 12:41 pm UTC| Research & Analysis Insights & Views
Amongst EM currencies, KRW FX is most sensitive to broader global equity market weakness because offshore stock holdings of Korean residents, for the most part, have been hedged back into KRW, and any diminution in the...
FxWirePro: What drives laggards of EMFX carry trades?
Aug 02, 2017 11:32 am UTC| Research & Analysis Insights & Views
We reiterate our bullish view on EMFX, and mark-to-market our forecasts to preserve outperformance relative to the forwards and consensus. In our Year Ahead Outlook, we projected that the bottom in EM FX would be in Q1. We...
FxWirePro: Implied thought on implied vols and trade ideas
Aug 02, 2017 08:36 am UTC| Research & Analysis Insights & Views
A lot of what we had expected has come to fruition so far in 2017, even if we had not expected the sheer magnitude of the depression in equity volatility, which continues to be the single most salient feature of volatility...

FxWirePro: Diagonal Credit Put Spreads for NZD/USD 1m3m skews
Aug 02, 2017 07:50 am UTC| Research & Analysis Insights & Views
After a disappointing GDT auction, attention will shift to the 2Q labor report with consensus looking for +0.7% QoQ employment and 4.8% unemployment (WBC 4.9%). The lack of wage growth is a global phenomenon and so wage...
FxWirePro: NZD/USD bullish and bearish perspectives and swap rates
Aug 02, 2017 07:47 am UTC| Research & Analysis Insights & Views
The spot NZDUSD prices seem to be fragile to correcting further towards 0.7400 for the day. Medium term perspectives: Stretched technical indicators and stretched long positioning argue for a decent downward correction,...

FxWirePro: USD/NOK risk reversals seem worthy than euro crosses
Aug 01, 2017 13:08 pm UTC| Research & Analysis Insights & Views
For those eyeing cheap optionality to protect returns against an abrupt Euro reversal, USDNOK risk reversals are worth keeping an eye on. NOK has been helped by higher oil prices, but HUF, PLN, and even GBP have...