FxWirePro: Deploy GBP/CAD/JPY RV trades on Brexit and USMCA developments
Oct 16, 2018 11:43 am UTC| Research & Analysis Insights & Views
Brexit deal still weighs on Sterling: We are upgrading our near-term GBP forecasts by around 2% to bring them closer into line with the central scenario of a negotiated Brexit. Its not that we have changed our assessment...

FxWirePro: Capitalize on GBP/JPY upswings and bid 2m skews to execute diagonal put spreads
Oct 16, 2018 07:42 am UTC| Research & Analysis Insights & Views
Although we witness upswings in GBPJPY minor trend, major downtrend still remains intact. Over and over again we see Sterling jump on a glimmer of hope when Prime minister May announces alleged progress in the Brexit...

FxWirePro: Long EUR/SGD and Short USD/SGD - Gamma Vol RV Implementation
Oct 15, 2018 13:27 pm UTC| Research & Analysis Insights & Views
The opportunity for hedging Italian risk via higher EUR vols can be found on a long EURSGD / short USDSGD Gamma vol RV implementation. The trade offers a direct exposure to higher EUR vols, and, at present, a positive...

Oct 15, 2018 12:18 pm UTC| Research & Analysis Insights & Views
The long-awaited October EU summit is now less than a week away and optimism that the UK and EU can secure a withdrawal agreement has continued to build since the end of the UK political conference season. The sense that...

FxWirePro: Euro likely to remain unshaking despite Euroarea politics – EUR triplets put structure
Oct 15, 2018 10:07 am UTC| Research & Analysis Insights & Views
The Bavarian state elections did not have an impact on the euro. Since nobody really expects Bavaria to re-introduce the Bavarian guilder or Hesse to be thrown out of the euro if voters reject the abolishment of capital...
FxWirePro: EUR/GBP diagonal credit call spread to tackle both minor and major swings
Oct 12, 2018 14:08 pm UTC| Research & Analysis Insights & Views
Eurozone Industrial Production data reflected much stronger than expected output for Aug (+1.0% M/M versus +0.5% expected). Euro is little changed from this time yesterday but appears to be heading for a modest gain on the...

FxWirePro: USD/EUR/SGD vega-neutral expressions for delta-hedge
Oct 12, 2018 12:36 pm UTC| Research & Analysis Insights & Views
EURlooks softer despite stronger than anticipated industrial production; sentiment has been neutral to bearish. Market sentiment towards risky assets improved today with major equity markets recovering part...