FxWirePro: Not just “buy lows and sell highs game”, it is pursuit in front end vols

Mar 23, 2017 10:05 am UTC| Research & Analysis Insights & Views

The price action in front-end vols over the past two days would be characterized by our Technical Analysis colleagues as a break alert. In hindsight, this could have been predicted given the importance placed on this week...

Announcement: Moody's: Oman's Baa1 rating balances high wealth and government net asset position against challenges from high oil dependence

Mar 23, 2017 08:30 am UTC| Research & Analysis

Omans Baa1 rating with a stable outlook reflects its high wealth levels and a still comparatively strong government balance sheet, balanced against credit challenges, including its heavy reliance on the oil and gas sector,...

Announcement: Moody's: Robust growth and prudent fiscal policy support credit profile of Germany

Mar 23, 2017 07:48 am UTC| Research & Analysis

The Aaa rating and stable outlook of Germany reflect its very large, diversified and competitive economy, as well as its sound framework of governance and record of prudent fiscal policy, Moodys Investors Service said in a...

FxWirePro: UST yields plunge, DXY dips and momentary gains for Aussie dollar - Relative value trades for AUD crosses

Mar 23, 2017 07:11 am UTC| Research & Analysis Insights & Views

The US dollar and US interest rates probed lower. US 10yr treasury yields fell from 2.42% to 2.37% - a three-week low - while 2yr yields fell from 1.26% to 1.24%. Fed fund futures yields were slightly lower, Pricing...

FxWirePro: Bullish and bearish scenarios of USD/INR on demonetization - Risk-efficient short gamma trading through 3M-1Y calendar spreads

Mar 22, 2017 13:05 pm UTC| Research & Analysis Insights & Views

INR can outperform in an environment of higher global rates but USDINR should find decent support from current levels towards the low 66.00 region in terms of spot. Bearish INR risk scenarios: 1) Demonetization...

FX Hedging Strategy Series

FxWirePro: Trump’s policy less frightening for Mexican peso but panic still looms – Deploy DDCS on cranky swings in major bullish uptrend

Mar 22, 2017 12:35 pm UTC| Research & Analysis Insights & Views

Things are never as bad as they first seem, following Donald Trumps election victory there were many predictions of gloom for Mexico. Six months later things did not turn out quite as badly (yet). Trump still wants to...

FxWirePro: Vols regime- Calendar Spread on flattest curvature for USD/TWD

Mar 22, 2017 12:03 pm UTC| Research & Analysis Insights & Views

In addition to a more sanguine Fed outlook, a second factor that has weighed on vols recently is that day-weights for French elections have compressed sharply over the three weeks. EUR/G10 forward vols spanning both rounds...