FxWirePro: USD/KRW Surging On Verge Of Hitting 10Y Highs – Spotlight On Digital ATM Calls

Mar 17, 2020 13:31 pm UTC| Research & Analysis Central Banks

Bank of Korea cut rates by 50 bps to a new record low of 0.75% at an emergency meeting yesterday. The decision was attributed to the deterioration in growth outlook from COVID-19 and the Feds decision to slash rates to...

FX Hedging Strategy Series

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Mar 17, 2020 13:15 pm UTC| Research & Analysis Economy

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

FxWirePro: AUD/USD downside accelerates, dips below 0.60 handle to hit levels unseen since April 2003

Mar 17, 2020 11:21 am UTC| Technicals Research & Analysis

AUD/USD chart - Trading View AUD/USD bears remain unstoppable, downside accelerates in the European session. The major has briefly dipped below the crucial 0.60 handle to hit 17-year lows at 0.5993. Concerns about...

FxWirePro: EUR/GBP shows signs of exhaustion, break below 55H EMA to see further weakness

Mar 17, 2020 10:52 am UTC| Technicals Research & Analysis

EUR/GBP chart - Trading View EUR/GBP was trading largely rangebound at 0.9106 at around 10:35 GMT. The pair is showing signs of exhaustion after the bull run and weak German ZEW further weighs down the pair. The...

Digital Currency Revolution

Cryptocurrency Derivatives Series: Options Analytics As Bitcoin Hedging Mechanism

Mar 17, 2020 09:58 am UTC| Research & Analysis Digital Currency

The bearish streaks of cryptocurrency markets in the recent times now seem to have taken a halt. Bitcoin price (BTCUSD) tumbled from the highs of $10.5k levels in February to the current level of $5.2k levels and breached...

FxWirePro: AUD/JPY hovers near 10-year lows, further weakness on charts

Mar 17, 2020 08:05 am UTC| Technicals Research & Analysis

AUD/JPY chart - Trading View AUD/JPY was trading 0.39% higher on the day at 65.07 at around 07:55 GMT. The pair which is synonymous to risk sentiment has been on a downward spiral since the coronavirus outbreak in...

FxWirePro: Spotlight On USD/JPY Vanilla Call Calendar

Mar 17, 2020 07:46 am UTC| Research & Analysis

Japanese Yenoutperforms in risk-off mood; while BoJ doesnt cut, doubles asset purchases. The temptation is to be long the USDJPYfor now. But with implied vols still elevated and risk reversals heavily favouring USD puts,...