FxWirePro: Time to fade CNH strength? Bid 3m vols and deploy USD/CNH OTM call strike

Sep 06, 2017 13:16 pm UTC| Central Banks Research & Analysis Insights & Views

Why doesnt PBoC fix a neutral USDCNY rate? It is comprehensible that the PBoC intended to guide its currency stronger when everyone expected to see a rapid CNY depreciation, which was the idea behind the counter-cyclical...

FxWirePro: USD/TWD knock-out call spreads to buy potential topside and sell exhaustive exposures

Sep 06, 2017 12:44 pm UTC| Research & Analysis Insights & Views

USDTWD hasnt been able to sustain below 30 (intra-day low of 29.975) and CBC intervention should limit the downside, while volatility and skew are low. We find a downside knock-out to cheapen a USDTWD call is...

FxWirePro: USD/CAD knock-in options for 1m well-proportioned IV skews to arrest bearish risks

Sep 06, 2017 09:46 am UTC| Central Banks Research & Analysis Insights & Views

The Bank of Canada has been signaling an imminent rate hike, if not in the July meeting then in September, and this is now priced in. The BoC is giving greater prominence to financial stability concerns stemming from high...

FxWirePro: USD/CAD oscillates in see-saw amid FED/BoC normalization cycle, what causes RVs underperformance?

Sep 06, 2017 08:11 am UTC| Central Banks Research & Analysis Insights & Views

The key driving force of loonie remains the relative priced pace of policy normalization. The conjecture behind a partial retracement higher in USDCAD is the expectation that relative monetary policy pricing will converge...

FxWirePro: AUD/USD IV skews to substantiate risk reversal sentiments on RBA’s status quo – Deploy Vega longs in Put Ratio Back Spreads on spiking vols

Sep 06, 2017 07:29 am UTC| Research & Analysis Insights & Views

AUDUSD medium term perspectives: It is worthwhile to watch the key 0.8000 level breach for the day will it attempt another break above, as it did last night? AU GDP will be key today, as will be USD direction. As the...

Moody's: Changes outlook on Oman banking system to negative from stable amid weaker operating environment and government capacity for support

Sep 05, 2017 00:40 am UTC| Research & Analysis

Moodys Investors Service is changing its outlook on Omans banking system to negative from stable, reflecting a reduction in the governments capacity to support the countrys banks, as well as softer economic growth and...

FxWirePro: GBP/USD bears drive non-directional tend, Sterling’s tepid IVs and risk reversals to imply call writers advantage – Buy iron condor spreads

Sep 01, 2017 10:28 am UTC| Research & Analysis Technicals

GBPUSD has been drifting in a range as shown in the daily charts, even on monthly terms price remained in the range from last 3-4 months (1.3268 - upper range and 1.2589 levels lower range). After shooting star candle...