Dec 15, 2015 09:31 am UTC| Technicals
Apart from the FX market, the huge risk is associated with the weights of positions in spread product in the segment of fixed income, treasuries and in EM assets. Longer-term flows of capital out of risk assets would...
FxWirePro: 1%ITM and 1%OTM puts make butterfly spread attractive to hedge puzzling CAD/JPY swings
Dec 15, 2015 07:09 am UTC| Technicals
Technical Glance: Leading indicators are converging the downswings steeply, the prevailing prices have slid below 21DMA to signify downtrend to prolong. But minor price jumps should not be misinterpreted and perceive...
Dec 14, 2015 14:03 pm UTC| Technicals
Kudos for continuing to joyride on USDCADs non-stop streak of upswings on 11 and half years highs. Speculators dont really appreciate the options until they understand equivalent positions, hedgers least bothered as...
FxWirePro: Hedging USD/RUB up-streaks via debit spreads upon CBR's non-intervention
Dec 14, 2015 09:20 am UTC| Technicals
CBR keeping rates unchanged at 11% spoofing the FX corner. We dont think this was an anticipated decision as RUB exchange rates did not do a lot after the decision, arbitrating by the market reaction. CBR quantified its...
FxWirePro: Dollar gains likely, transform USD/JPY short covering into CRBS
Dec 14, 2015 08:38 am UTC| Technicals
Fundamental rationale: Focus for this week will continue to be on the oil market and China and most importantly on the upcoming Fed decision on lift-off on Wednesday. On the other hand, we can very much empathize...
FxWirePro: Extra EUR/JPY ATM delta put makes 2:1 hedging strategy handsome
Dec 14, 2015 07:20 am UTC| Technicals
Please observe the IV factor for ATM contracts with 1w expiries. It is smoothening from last weeks 12.75% to 9.6% but we still think this as higher side without any significant market dragger news except German ZEW...
FxWirePro: Don’t risk your investment in EUR/JPY, not safe zone to add fresh longs
Dec 14, 2015 06:37 am UTC| Technicals
Previous downtrend offers more shorting opportunities by generating some Spinning top, long legged and gravestone doji patterns. These bearish candles form such as spinning top, long legged and Gravestone dojis at...
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