Oct 30, 2017 11:08 am UTC| Research & Analysis Insights & Views
Please be noted that even after monetary policy season, FX vols have collapsed to the lowest level (especially euro and Swiss franc), lets have a glance through the implied volatilities of EURCHF and USDCHF ATM contracts...
FxWirePro: US data fortifies dollar from multi-facets, spot out EUR/USD cheapness in FVAs after ECB
Oct 30, 2017 07:23 am UTC| Research & Analysis Insights & Views
US equities made fresh record highs, helped by strong company earnings, and the US dollar rose. US bond yields, in contrast, were weighed down by Catalonias declaration of independence plus Fed Chair candidate Powells...
FxWirePro: CAD skew versus Brent skew – Crude bears to pressurize CAD
Oct 27, 2017 18:25 pm UTC| Research & Analysis Insights & Views
In the options space, CAD volatility remains stuck at the lows, and we identify an appealing skew opportunity. After the Canadian dollars sharp rise this year, USDCAD risk reversals have been under heavy pressure,...
FxWirePro: Bid USD/CAD 3m skews, bullish risk reversals to hedge crude price risks
Oct 27, 2017 07:53 am UTC| Research & Analysis Insights & Views
We all know that there exists the positive correlation between CAD and crude oil prices, this weeks report was bearish for crude but bullish for gasoline and distillate. Total commercial crude and refined product stocks...
Oct 27, 2017 06:59 am UTC| Research & Analysis Insights & Views Technicals
Our highest conviction macro trade in recent weeks has been short GBP as we felt that UK rate hikes were overpriced given the weak starting point for UK growth and the existential Brexit shock that continues to dominate...
FxWirePro: Envisioning and ascertaining shrinking vol trap in EuroStoxx and Euro crosses
Oct 27, 2017 05:14 am UTC| Central Banks Research & Analysis Insights & Views
The much-awaited ECB QE recalibration exercise ultimately announced yesterday, but it contained very few surprises after a meticulous 6w build-up and ended in a virtual stalemate for FX and rates markets, with EUR crosses...
Oct 27, 2017 04:25 am UTC| Central Banks Research & Analysis Insights & Views
We continue to look for a lower NZD over the coming year, as tight financial conditions, weaker growth, a housing market that has peaked and a policy rate more likely to go down than up in the next year all weigh on the...
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