Apr 13, 2018 13:26 pm UTC| Research & Analysis Central Banks Insights & Views
Among the most susceptible economies owing to trade tensions, South Korea has slowed its pace of rate hikes. Yes, Bank of Korea (BOK) maintained its rate policy unchanged at 1.50% this morning, which was widely...

FxWirePro: Hedge and hold EUR/NZD with a pinch of salt – Knock out spreads better strategy
Apr 13, 2018 12:04 pm UTC| Research & Analysis Insights & Views
We hold EURNZD but via 6m AED call, more in the expectation of getting better levels to close this out than any real confidence that NZD is poised to break down anytime soon. The RBNZ outlook is also on hold throughout...

FxWirePro: Shed some light on over/under-valued EMFX REERs – Own MXN and TRY via options
Apr 13, 2018 10:35 am UTC| Research & Analysis Insights & Views
The hope that the NAFTA renegotiations will be concluded successfully over the coming weeks allowed the peso to appreciate further against USD over the past few weeks. The currency pair is now trading below the 18.50 mark....

FxWirePro: Bearish hedging vehicles for EUR/JPY bidding 3m RRs and skews
Apr 13, 2018 08:45 am UTC| Research & Analysis Insights & Views
The neutral-negative risk reversal numbers are still indicating hedging sentiments for the potential bearish risks across all tenors remain intact, while positively skewed IVs of the 3m tenor also signifies the hedgers...

Apr 12, 2018 13:44 pm UTC| Research & Analysis Insights & Views
The lifelessness of FX vols this year in the face of stock market jitters and rise in interest rate volatility has surprised many including us, but at least some allowance can be made there for the unpredictability of...

Apr 12, 2018 10:59 am UTC| Research & Analysis Insights & Views
USDJPY has significantly risen from the lows of 104.629 levels to the recent highs of 107.493 levels. Amid major downtrend with minor abrupt rallies, weve already advocated diagonal put ratio back spread about two weeks...

FxWirePro: A glimpse at how options markets factor-in FX REER valuations
Apr 12, 2018 09:24 am UTC| Research & Analysis Insights & Views
For an asset class widely considered to be a haven for trend following investors, fundamental value-based strategies in foreign exchange have performed commendably over the past decade. The above chart plots the total...