Sep 01, 2017 10:28 am UTC| Research & Analysis Technicals
GBPUSD has been drifting in a range as shown in the daily charts, even on monthly terms price remained in the range from last 3-4 months (1.3268 - upper range and 1.2589 levels lower range). After shooting star candle...
FxWirePro: Are USD/CHF vols appealing? Trade through parity with pinch of salt or bid FVAs
Sep 01, 2017 09:27 am UTC| Research & Analysis Insights & Views
USDCHF 3M3M FVAs: Owning USD/CHF vol appeals because it can benefit from the full gamut of risk triggers that can afflict all USD-vols, is a useful hedge overlay on a bullish Euro macro portfolio, and retains exposure to...
FxWirePro: Bidding 2m USD/CHF IV skews and risk reversals optimises hedging via call spreads
Sep 01, 2017 07:51 am UTC| Research & Analysis Insights & Views
Swiss franc vols and correlations have soared following the recent spike in EURCHF. USDCHF 3M3M FVAs have lagged the upturn and are value buys along a mildly inverted curve. Please be noted that the risk reversals are...
FxWirePro: AUD/JPY bullish, bearish scenarios and hedging framework
Sep 01, 2017 07:20 am UTC| Research & Analysis Insights & Views
Bearish scenarios: 1) The unemployment rate moves back towards 6%, forcing the RBA to respond more aggressively to weak inflation; 2) China data weaken materially. Bullish scenarios: 1) China eases policy and...
Sep 01, 2017 03:23 am UTC| Research & Analysis Economy
Moodys Investors Service says that the Chinese governments (A1 stable) move to tighten supervision on the issuance of enterprise bonds by local government financing vehicles (LGFVs) enhances transparency around the...
Moody's: Thailand's easing political uncertainty aids cyclical recovery
Sep 01, 2017 01:50 am UTC| Research & Analysis
Moodys Investors Service says that Thailands (Baa1 stable) credit profile balances the countrys strong fiscal position and low external vulnerability against lower-than-average growth since 2013. Moodys also notes that...
FxWirePro: Deploy Call ratio spreads to hedge USD/KRW on status quo BoK
Aug 31, 2017 13:01 pm UTC| Research & Analysis Central Banks Insights & Views
Bank of Korea (BOK) stood pat to maintain rates unchanged at 1.25% as broadly anticipated. The rates were left on hold since cutting by 25bp in June-2016. The economy is advancing with the Korean central bank projection of...
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