FxWirePro: Deploy EUR/CHF synthetic put for hedging as naked puts seem overpriced
Dec 21, 2015 10:45 am UTC| Technicals
As you can observe the ATM premiums are trading 38% more than NPV, so hedging with these overpriced at the money instruments would not be cost effective as its delta amounting close to 50% would collapse as the time decay...
FxWirePro: Hedge GBP/JPY downside risks via back spreads and speculate via one touch binary calls
Dec 21, 2015 09:21 am UTC| Technicals
Option Currency Hedging and speculating: For today, no doubt upswings are attempting to bounce above 21DMA but casted-off at 181.205 levels on this pair in abrupt but any continued downswings may turn adversely as we...
Dec 21, 2015 07:18 am UTC| Technicals
USD/JPYs uptrend is contracted into narrow range; bearish sensation is piling up although interim upswings cannot be disregarded. After testing and rejecting the strong resistance at 123.70, we came up with this bearish...
FxWirePro: Saucer patter to lead USD/CAD uptrend – buy at dips and hedge via straps
Dec 18, 2015 13:49 pm UTC| Technicals
This what we call it as a decisive break, it is on the verge of breaking trend line with robust volumes build up (see grey shaded portion). Absolutely no trace of selling on all EOD, weekly and monthly...
FxWirePro: Euro seems weaker against GBP – hedge via covered strangles if notion states sideways
Dec 18, 2015 09:13 am UTC| Technicals
Euro is struggling while Germans ifo business climate dipped again 108.7 from previous 109.0 while forecasts were at 109.2. This weeks euro areas manufacturing PMI was an upbeat number at 53.1, service PMIs was...
FxWirePro: EUR/JPY risk reversal, IVs still loom bearish hedging, German ifo survey to substantiate
Dec 18, 2015 07:40 am UTC| Technicals
Germans ifo business climate dipped again 108.7 from previous 109.0 while forecasts were at 109.2. This week we all have seen, although Euro areas manufacturing PMI was a upbeat number at 53.1, service PMIs were little...
PBoC attempts via TWI to bring back surge in Chinese exports, CNY’s strength in turn
Dec 17, 2015 12:51 pm UTC| Insights & Views
PBoC in a working paper released yesterday attributed the weakness in Chinas exports to the strengthening of the CNYs real effective exchange rate (REER). On a year-to-date basis, Chinas exports has contracted by 2.6%...
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