FxWirePro: Deploy GBP/CAD/JPY RV trades on Brexit and USMCA developments
Oct 16, 2018 11:43 am UTC| Research & Analysis Insights & Views
Brexit deal still weighs on Sterling: We are upgrading our near-term GBP forecasts by around 2% to bring them closer into line with the central scenario of a negotiated Brexit. Its not that we have changed our assessment...

Barclays denies developing crypto-trading platform, but bitcoin bulls prolong stern rallies
Oct 16, 2018 08:18 am UTC| Research & Analysis Digital Currency
Leading retail and investment banking conglomerate, Barclays has denied the probable creation of a cryptocurrency trading desk within the organization amid persistent bearish trend that has dampened luring effects in this...

FxWirePro: Capitalize on GBP/JPY upswings and bid 2m skews to execute diagonal put spreads
Oct 16, 2018 07:42 am UTC| Research & Analysis Insights & Views
Although we witness upswings in GBPJPY minor trend, major downtrend still remains intact. Over and over again we see Sterling jump on a glimmer of hope when Prime minister May announces alleged progress in the Brexit...

FxWirePro: Long EUR/SGD and Short USD/SGD - Gamma Vol RV Implementation
Oct 15, 2018 13:27 pm UTC| Research & Analysis Insights & Views
The opportunity for hedging Italian risk via higher EUR vols can be found on a long EURSGD / short USDSGD Gamma vol RV implementation. The trade offers a direct exposure to higher EUR vols, and, at present, a positive...

Oct 15, 2018 12:18 pm UTC| Research & Analysis Insights & Views
The long-awaited October EU summit is now less than a week away and optimism that the UK and EU can secure a withdrawal agreement has continued to build since the end of the UK political conference season. The sense that...

FxWirePro: Bid bearish neutral risk reversals and rising IVs to customize EUR/JPY hedging strategies
Oct 15, 2018 10:42 am UTC| Research & Analysis
While Euro vol is more sensitive to the ebb and flow of Italy headlines, JPY is more levered to contagion from an escalation of trade tensions. Even absent these risks, there are good reasons for directional yen ownership ...

FxWirePro: Euro likely to remain unshaking despite Euroarea politics – EUR triplets put structure
Oct 15, 2018 10:07 am UTC| Research & Analysis Insights & Views
The Bavarian state elections did not have an impact on the euro. Since nobody really expects Bavaria to re-introduce the Bavarian guilder or Hesse to be thrown out of the euro if voters reject the abolishment of capital...