GBP directly proportional, yen weaker on industrial numbers; deploy call ratio spreads for hedging
Jul 13, 2015 09:24 am UTC| Insights & Views
Japanese tertiary industry index MoM basis has contracted to -0.7% from previous-0.2%.Japanese industrial production has also not been a good recovery, it printed at -2.1% which is in line with the forecasts, this slight...
Guide to today’s important data and events
Jul 13, 2015 08:36 am UTC| Insights & Views
Not many economic dockets scheduled for today. Risks associated with releases are low. Data released so far - China - Trade balance came at $46.5 billion in June with exports rose 2.8% and imports dropped...

FxWirePro: Minor gains expected on upswings for EURJPY credit put spreads
Jul 13, 2015 07:45 am UTC| Insights & Views
Since we consider the only driving force to the EURJPYs additional upswings is that the temporary relief for Greece debt crisis seemingly offered by euro summit, the overseas traders with huge forex exposures in Euros are...

Euro summit updates hint prolonged Greek debt saga, EUR eyes gains
Jul 13, 2015 07:17 am UTC| Insights & Views
What has been learnt from this weekends meet on Greek debt? Typically, that trust once lost, is not easily regained. It seems quite clearly that not all the other Euro zone countries governments want Greece to remain in...

FxWirePro: Optimism seen on dollar growth forecasts but delta assures optimal pricing of USDJPY PRBS
Jul 13, 2015 06:43 am UTC| Insights & Views
Arrest short-medium term downside risks of USDJPY hedging through deploying option strategy: Put Ratio Back SpreadIs the US growth forecast downgrade now complete? We are optimistic that it is and that the drag on the...

FxWirePro: Prefer AUD/JPY put spreads over naked options for hedging
Jul 13, 2015 06:05 am UTC| Insights & Views
Technicals and Derivatives Insights:Hedgers should try to avoid exposure to adverse price movements in the underlying currency whereas Speculators has to take position in the market betting on the price movements on either...

Real activity for China likely to weigh on commodity currencies
Jul 12, 2015 18:55 pm UTC| Insights & Views
Chinas stock market and related policy developments will be more closely monitored by markets, given that the sharp fall in Chinese equities has started to send shock waves through broader markets. However, the economic...