FxWirePro: EUR/USD/JPY FVA Spread

Aug 11, 2020 15:13 pm UTC| Research & Analysis Insights & Views

We have further raised our EUR-USD forecast, as we believe that the depreciation trend of the US dollar is not yet over. It is becoming increasingly apparent that the Fed will stick to an ultra-expansionary monetary policy...

FxWirePro: Quick Glance At AUD/JPY One-Touch Put Calendar Spread

Aug 11, 2020 14:47 pm UTC| Research & Analysis Insights & Views

Amid the marginally more cautious backdrop below we review some limited downside and RV opportunities. We advocate monetizing the current AUDJPY curve set-up via short 1M vs long 2M one-touch calendar spreads, capped loss...

FxWirePro: A Glimpse At Spot Gyration And FX Vol Backdrop

Aug 11, 2020 12:52 pm UTC| Research & Analysis Insights & Views

The recent past has seen some notable spot gyrations our view is that FX vols are priced fairly for such backdrop and absent a major adverse development suggest keeping a status quo as our tactical gamma trading models...

Cryptocurrency Derivatives Series: Ethereum On Verge Of 2Y Highs – FxWirePro’s Hedges Safeguard Upside Risks

Aug 11, 2020 12:32 pm UTC| Research & Analysis Digital Currency Insights & Views

Ethereums price action has been commendable in the recent times, ethers price (ETHUSD) has surged commendably (especially for this week, 53.83% jump in the last month and 12.44% so far in this month) and it has been...

FxWirePro: Deploy ‘Diagonal Put Spreads’ To Hedge NZD/JPY Ahead of RBNZ

Aug 11, 2020 08:07 am UTC| Research & Analysis Central Banks Insights & Views

This week, RBNZs monetary policy is scheduled, although it is unlikely to be dramatic for markets, since net economic developments since May are roughly neutral, the Kiwis central bank may further expand its asset purchase...

FxWirePro: WTI Crude Demand/Supply Equation & Hedging Strategy

Aug 10, 2020 15:13 pm UTC| Research & Analysis Insights & Views

WTI and Brent crude prices are drifting in sideways from the last couple of days. WTI is trading a tad below $42 a barel, while Brent is stuck tad below $45. Although it is natural to expect the sharp growth bounce over...

FxWirePro: Turkish Lira Signals Further Depreciation Pressures – FxWirePro’s USD/TRY ‘Debit Call Spread’ Delivers As Desired

Aug 10, 2020 14:22 pm UTC| Research & Analysis Central Banks Insights & Views

The Turkish lira continued to sell-off towards the latter part of last week, although the momentum eased off as the weekend drew near. CBT and the banks regulator BDDK often make policy announcements such as RRR change or...