FX Hedging Strategy Series

FxWirePro: WTI bulls surrounded by many interrogations, range bounded trend likely to exist amid mild upswings until Feb-OPEC meeting – Trade strangle shorts

Dec 22, 2016 09:30 am UTC| Research & Analysis Insights & Views

US crude and product demand at seasonal highs now. Crude supply flattening out. The oil markets will be focused on several key supply questions in the coming weeks and months. How much production will OPEC and Russia...

FX Hedging Strategy Series

FxWirePro: Kiwis Q3 GDP produces upbeat numbers; Brexit risks still loom on GBP – Stay firm with butterfly put spreads

Dec 22, 2016 06:33 am UTC| Research & Analysis

Kiwis Q3 growth spikes by a mightier-than-anticipated 1.1%. However, the upward bombshell was more than offset by downward revisions to growth in the first half of the year, meaning theannual growth of 3.5% was a touch...

FX Hedging Strategy Series

FxWirePro: CBT stalls USD bull rout by missing consensus – Uphold DCS, is it debit conviction spread or debit call spread?

Dec 21, 2016 13:07 pm UTC| Central Banks Research & Analysis Insights & Views

The Christmas came early yesterday as CBT refrained from raising interest rates, contrary to consensus expectations. CBT explained its inaction by wanting to wait and see the inflationary effects of the liras recent...

FX Hedging Strategy Series

FxWirePro: Everything goes wrong with EUR/CHF bulls; Geopolitics, trend, IVs, IV skews and risk reversals favor bears

Dec 21, 2016 12:55 pm UTC| Research & Analysis Insights & Views

This edition of EURCHF is to advocate short on Euro area politics: This recommendation has been motivated by EUR facing multiple electoral hurdles on the one hand, and constraints to SNB FX interventions on the other....

FX Hedging Strategy Series

FxWirePro: Option pack for EUR/AUD with 3-way straddle combinations as negatively skewed 1m IV signifies OTM put writing

Dec 21, 2016 11:35 am UTC| Research & Analysis

The implied volatilities of 1m EURAUD ATM contracts are trading shy above 9%, while the spot price in technical trend approaching near crucial juncture at the resistance of falling wedge, it seems to be equal opportunity...

FX Hedging Strategy Series

FxWirePro: Kiwis produces worse-than-anticipated trade balance – Deploy AUD/NZD diagonal straps to hedge uneven trend

Dec 21, 2016 06:41 am UTC| Research & Analysis

New Zealand trade deficit decreased 11.3 pct year-on-year to NZD 705 million in November of 2016, as imports fell faster than exports. It compares with market expectations of a NZD 500 million gap. Key export trends havent...

Dollar continues to get booster from FED and Trump’s administration, Euro clouded with French and German polls, EUR/USD heading for parity

Dec 20, 2016 12:30 pm UTC| Central Banks Research & Analysis Insights & Views

The Fed took less of a wait and see position on the effect of fiscal policy stimulus on the stance of monetary policy than we had anticipated. Fed Chair Yellen sees little need for large-scale fiscal stimulus when the...