FX Hedging Strategy Series

FX Hedging Strategy Series

FxWirePro: Fragile economic flashes from Germany, Italy, and France in traumatic Eurozone - EUR/CAD sensitivity tools to optimize hedging

Aug 11, 2016 12:46 pm UTC| Insights & Views

German industrial production missed the forecasts to disappoint the analysts in Eurozone, actual 0.8% versus forecasts at 0.9%. Germany posted EUR 21.7 billion trade surplus in July of 2016 against forecasts at 23.2B as...

FX Hedging Strategy Series

FxWirePro: CNY responds to PBoC’s one-off devaluation mechanism as desired - Hedge further depreciating risks

Aug 11, 2016 10:00 am UTC| Central Banks Insights & Views

PBoCs interventions to depreciate CNY seems to be successful as the Chinese central bank (PBoC) continues to weaken its currency via the fixing, the fixing rates are generally in line with what the fixing model suggests so...

FX Hedging Strategy Series

FxWirePro: Yellow metal to outpace other precious metals owing to tail risks of Brexit, Fed’s deferral and China - Long gold spot vs short 3M LME copper

Aug 11, 2016 07:47 am UTC| Insights & Views

Gold should rally towards $1400 as the US Fed is unlikely to hike this year especially after the Brexit votes. Copper is likely to underperform on rising supply and the slowdown in China. We foresee according to Chinese...

FX Hedging Strategy Series

FxWirePro: Kiwis OTC market hedging operations bolster 1w IVs – “3-way straddles versus call” to hedge NZD/CAD restrained range

Aug 10, 2016 12:49 pm UTC| Central Banks Research & Analysis

Please be noted that the ATM IVs of 1D and 1W expiries of NZDCAD are spiking at sky rocketed pace, 21.36% and, 12.57% respectively. This heaped on noise in NZDCAD OTC operations are owing to todays RBNZ monetary policy,...

FX Hedging Strategy Series

FxWirePro: NZD/CAD bulls spike above DMAs, RBNZ hinders momentum while crude weighs on CAD depreciation – “Cash-or-nothing binaries” to trade

Aug 10, 2016 12:17 pm UTC| Technicals

After the pair jumps above 7 21DMAs, the current prices gained intensified buying momentum, 7DMA crosses-over 21DMA. For now, even though the more upswings seem more likely as prices spiked above DMAs, whether it is...

FX Hedging Strategy Series

FxWirePro: Settling dilemma between cost and leverage in bullion as Fed’s rate hike deferral in 2016 reassessed owing to unemployment claims

Aug 10, 2016 11:35 am UTC| Research & Analysis

Yellow metal for December delivery on the Comex division of the NYME touched an intraday peak of $1,361.50 a troy ounce. It was last at $1,360.25 by 06:58GMT, up about $13.55, or 1.01%. Lets just have a glance over...

FX Hedging Strategy Series

FxWirePro: CBR to confront not only inflationary risks but also liquidity glut – Stay firm with put spreads to mitigate further USD/RUB depreciating risks

Aug 10, 2016 09:56 am UTC| Central Banks

In conjunction with annual inflation exceeding over 7 pct in August which is at risk and the threat remains that it will top the 4 pct target next year, Russias central bank (CBR) is expanding its efforts to mop up surplus...