
Jan 11, 2018 12:32 pm UTC| Research & Analysis Insights & Views
Weve advocated three commodity driven FX trades anticipating upside risks of the underlying crude prices. Long a 6m 0.9450-0.9120 AUD put/CAD call spread. Paid 0.74%. Marked at 0.37%. We advocate buying USDCAD 1m...

FxWirePro: When the yen erupts and vols shrinks, put spreads to rescue
Jan 11, 2018 12:09 pm UTC| Research & Analysis Insights & Views
Yen vols (IVs) have been decimated and RVs are not in tandem with this over the past two months. Well, long-end (1Y 5Y) yen vols dropped in near-parallel fashion in December by a full vol across the curve (refer 1st...

Jan 11, 2018 11:46 am UTC| Research & Analysis Insights & Views Central Banks
Hush-hush rumors or fact, but the Canadian officials perceive increased likelihood of the NAFTA negotiations waning out, leading the US to leave the trade agreement, dealt CAD and MXN a severe blow last night. While MXN...

Jan 11, 2018 10:21 am UTC| Research & Analysis Insights & Views
The pound has been especially sensitive to Brexit developments over the last few months. In December, the EU determined that sufficient progress had been made on divorce-related matters - which included coming to a...

FxWirePro: Choosy longs of FX vols via 1Y EUR/GBP vols swaps and NAFTA trades
Jan 11, 2018 09:19 am UTC| Research & Analysis Insights & Views
The global picture on the volatility front hasnt really changed in recent months. Implied and realized volatility is still hovering in their low or very low percentiles. The currency market has been acting as the...

FxWirePro: Choosy longs of FX vols via 1Y EUR/GBP vols swaps and NAFTA trades
Jan 11, 2018 09:19 am UTC| Research & Analysis Insights & Views
The global picture on the volatility front hasnt really changed in recent months. Implied and realized volatility is still hovering in their low or very low percentiles. The currency market has been acting as the...

Jan 11, 2018 07:34 am UTC| Research & Analysis Central Banks Insights & Views
The Reserve Bank of Australia (RBA) made a strong effort over the past year to prevent a strong appreciation of the AUD against the USD. But through 2018, it is likely to be somewhat more open to an appreciation of the...