Cross Currency Option Hedging (OTM Call + PRS)
May 29, 2015 12:57 pm UTC| Insights & Views
As we could foresee the downside pressure on SGD with USD, the recommendation is cross hedging of SGD with JPY.Step 1: Buy more necked OTM call options of USD/SGD as they are cheaper and signifying smaller Gamma number...
Dollar eyes on surging against Asian counterparts; Asia remained on stiff
May 29, 2015 12:38 pm UTC| Insights & Views
From last couple of recent trading sessions, the dollar index has gained nearly 2%. After a long interruption in bull rally of dollar, now the rally looks set to resume and it could be sturdy ever.But its surge since last...
May 29, 2015 12:21 pm UTC| Insights & Views
Today second estimate of US first quarter GDP will be released at 12:30 GMT. Market is expecting bad first quarter for US economy. Past trends - US has so far been on solid growth path, rising 5% and 2.2% in previous...
Oil shock might threaten European bank's exposure
May 29, 2015 11:54 am UTC| Insights & Views
Talks have been flying since crude oil price started collapsing in June 2014 and finally tumbled by more than 50% in 2015, that lower oil price will be causing havoc for oil exporting economies and will be beneficial for...
Real estate stands out as better investments in Euro Area
May 29, 2015 11:48 am UTC| Insights & Views
One thing is certain that European Central Bank (ECB) has once again brought Euro zone economy back from abyss and this time around economy has rebounded with a bang. With cheap money flowing from ECB at 60 billion/month...
USD/CAD likely to breach channel line
May 29, 2015 11:12 am UTC| Insights & Views
Technical Currency Derivatives Watch: USD/CADPair is currently testing resistance at 1.2428 which is nearing upper channel line. So, 1.2428 has been a crucial resistance for spike up to reach next upper channel. And it is...
Why is bull rally climbing on USD/CAD
May 29, 2015 11:09 am UTC| Insights & Views
The U.S. dollar rose to fresh six-week highs against its Canadian counterpart on Thursday.US jobless claims rose more than expected.Expectations for a U.S. rate hike in the near future.On the flip side, Canada has showed...