
Yen formed a key bottom against INR
Aug 21, 2015 11:53 am UTC| Insights & Views
Indian Rupee has clearly lost its charm after Chinas devaluation of Yuan clouded the fundamentals of the country as trade balance with China is expected to deteriorate, moreover hard landing of Chinas economy is likely to...

FXWirePro: Euro targets 0.75 area against Pound – Call updated
Aug 21, 2015 11:28 am UTC| Insights & Views
In spite of diverging fundamentals, Euro might be heading higher against Pound. In last two week, Euro has been showing considerable strength against Dollar, while Pound is continuing its range with upward bias. Euro...
FxWirePro: Black Scholes optimizes GBP/JPY straddle shorting and lower IV wins trade
Aug 21, 2015 11:22 am UTC| Insights & Views
Please be noted that the holders of straddle must be betting realized volatility would exceed the implied volatility. As a result of technical observation we look ahead for slight dips in the near future but sideways in...

S&P500 clears key support as panic sets in
Aug 21, 2015 10:39 am UTC| Insights & Views
Panic is at large across financial markets not over rate hike from US Federal Reserve but hard landing of Chinese economy. Market participants are doubtful that Chinese Authorities will be able to prevent stock market...
FxWirePro: EUR/JPY Call ratio spreads for range bounded trend
Aug 21, 2015 10:36 am UTC| Insights & Views
Call Ratio Spread: EUR/JPY Rationale: Since the range bounded trend being anticipated, more importantly, the pair is likely to perceive volatility at 8.8% of ATM contracts, thus we recommend deploying call ratio spreads...
Guide to today’s important data and events
Aug 21, 2015 09:50 am UTC| Insights & Views
Lot of economic dockets scheduled for today, with low to medium risks associated. Data released so far Japan - Flash PMI for August came at 51.9 compared to 51.2 in July. China - Caixin Flash PMI dropped...

FxWirePro: EURGBP bull put spreads in action
Aug 21, 2015 09:06 am UTC| Insights & Views
Now if you think speculation in potential uptrend in short terms is not possible as delta risk reversal suggested calls have been overpriced then lets look at an example and a few specific scenarios with alternatives in...