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Amid highly volatile economic environment, shielding currency exposure has become too risky than before. In this series we provide an intelligent insights and analysis on actionable FX derivative strategies that serve different levels of risk appetites and returns.

FX Hedging Strategy Series

FxWirePro: Intricacies of Swiss Franc – “Directional combos” to hedge EUR/CHF bidding 25-delta RR

Aug 04, 2016 10:08 am UTC| Research & Analysis Insights & Views

CHF appreciated ahead of the Brexit referendum, and EURCHF has, except for referendum-day volatility, been trading in a 1.08-1.095 range in July. SNB confirmed interventions during referendum night, seeing FX reserves...

FX Hedging Strategy Series

FxWirePro: No traces of momentum EUR/CHF OTC – Iron butterfly spreads or writing strangles speculating choices

Aug 04, 2016 07:54 am UTC| Research & Analysis Insights & Views

Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency segment. While, the 25-delta risk of reversal of EURCHF has also not been indicating any...

FX Hedging Strategy Series

FxWirePro: Crude shocker on EMEA EM FX and how to arrest FX risks?

Aug 03, 2016 14:07 pm UTC| Insights & Views

The crude oil prices have fallen 20% since early June, but impact may stay idiosyncratic for now. So far this move has been entirely idiosyncratic, with a sharp reaction in oil exporters currencies but little spill-over to...

FX Hedging Strategy Series

FxWirePro: Crude slumps continue to Scandis – Hedging vehicles for NOK and SEK

Aug 03, 2016 13:18 pm UTC| Insights & Views

Scandis risk a deeper setback with a high probability of NOK underperformance. While risk markets remain fairly resilient we clearly see the bigger down-risks for NOK which is perfectly reflected in the failure of...

FX Hedging Strategy Series

FxWirePro: BOE easing unlikely to settle Brexit dust for GBP in short run – Use leveraged EUR/GBP call spread on mounting IVs

Aug 03, 2016 10:55 am UTC| Central Banks

The GBP continued to weaken post-referendum, with EURGBP trading briefly above 0.86 and GBPUSD trading below 1.30 early in July. GBP has regained some of the losses, but TWI is still 10% weaker than pre-Brexit. EURGBP...

FX Hedging Strategy Series

FxWirePro: Load up GBP/JPY longs in back spread on accelerated IV pace ahead of BoE - hedge downside risks using Vega ATM puts

Aug 03, 2016 07:12 am UTC| Research & Analysis Insights & Views Central Banks

1W and 2W ATM IVs of GBP crosses are acting crazily in OTC markets, GBPJPY flashing more than 19.80% and 17.20% respectively ahead of Bank of Englands monetary policy which is most likely to ease about 25bps. Please...

FX Hedging Strategy Series

FxWirePro: USD/BRL hedging cost optimization via calendar spread as quasi-protected short gamma

Aug 02, 2016 12:50 pm UTC| Insights & Views

Realized vols in USD/BRL have been steadily edging lower over the past few weeks but holding stronger near 3.20 levels, and gamma screens rich despite the material 3 vol+ decline in implieds since the Brexit vote 1M...

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Economy

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Trump Unveils $3 Billion U.S. Critical Minerals Push

President Donald Trump announced roughly $3 billion in U.S. government investments and financing for critical minerals, battery materials and mining projects, part of a broader effort to strengthen domestic production and...

Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

Oil prices fluctuated on Friday and remained on course for sharp weekly declines as uncertainty surrounding a potential agreement to reopen the Strait of Hormuz continued to drive volatility across global energy markets....

Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

Politics

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...
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