
FxWirePro: Call for “Diagonal Credit Call Spread” to optimally hedge EUR/PLN risks on dovish NBP
May 19, 2017 12:28 pm UTC| Research & Analysis Insights & Views
Despite strong manufacturing growth across most of the CEE, inflationary pressures are not emerging yet. Most of the headline CPI acceleration we have witnessed has been driven by large commodity price swings acting on top...

May 19, 2017 12:01 pm UTC| Research & Analysis Insights & Views
In this write up we run you through writing exorbitant calls in collar spreads for cautious bears. Before that lets have a glance through the neutral IVs in USDCAD that are creeping up a tad below 7-7.5% across all...

May 19, 2017 07:04 am UTC| Research & Analysis Insights & Views
The bearish CADJPY scenario below 79 driven by: 1) The US moves ahead on border adjustments or NAFTA negotiations turn sour; 2) US-Canada trade negotiations turn acute and negative with a proliferation of...
FxWirePro: EUR/JPY and EUR/USD option hedging perspectives – Bid vol swaps and FVAs
May 19, 2017 06:33 am UTC| Research & Analysis Insights & Views
Although you could see recent spikes in IVs in euro crosses, a spinoff of the vicious de-pricing of French election tail risk after the victory of Macron is that back-end (1Y2Y) EURUSD and EURJPY vols have crashed to near...

May 18, 2017 12:55 pm UTC| Central Banks Research & Analysis Insights & Views
The Mexican central bank will decide on its key rate tonight. The majority of market participants expect unchanged key rates. After all, the central bank has already hiked its key rate by a total of 350bp over the past...

May 18, 2017 11:22 am UTC| Research & Analysis Insights & Views
Futures contracts in Comex for the yellow metal has shed around $3.00, or about 0.3%, to $1,255.29 a troy ounce by 07:00GMT. Front-end and intermediate US Treasury yields declined 1-4bp, as CPI disappointed relative to...
FxWirePro: Chinese equities and commodity prices make graveyard for high beta FX space
May 18, 2017 10:32 am UTC| Research & Analysis Insights & Views Central Banks
FX markets are processing a messy combination of falling commodities, higher core yields, and isolated weakness in Chinese equity markets that fuels a sense something may be up in China. May is living up to its...