FX Hedging Strategy Series

FxWirePro: USD/CNH hedging portfolio reshuffling, will PBoC finally action on Chinese capital outflow crisis?

Jan 04, 2017 08:50 am UTC| Central Banks Research & Analysis

What occurred at the start of 2017 evokes the market anarchy in early 2016. This morning, Chinese offshore currency (CNH) overnight HIBOR spiked to 18.5%, a signal that Chinas currency is under great pressure again....

FxWirePro: AUD/USD calendar combinations for hedging to sync with 1m3m OTC indications

Jan 04, 2017 07:19 am UTC| Research & Analysis Insights & Views

Please be noted that even though the implied volatility for near month at the money contracts of this APAC pair has been dropping, IVs flashing above 11.3% for 1m expiry and spiking higher 11.5% for 3m tenors. While...

FxWirePro: AUD/USD IVs bolster as flurry of data streaks lined up, Dollar bullish rout shrugs off commodities prices, OTC hedging bets account for downside risks

Jan 04, 2017 06:40 am UTC| Research & Analysis Insights & Views

Please note that AUDUSD OTC functions have been intensified ahead of data announcements in this week, you could observe that 1w IVs are bolstered as Feds minutes, US unemployment claims, Non-manufacturing PMIs, Aussie and...

FX Hedging Strategy Series

FxWirePro: Fair interpretation of SNB’s FX intervention – Hedge via 3-way straddles versus Call despite low yielders but to capitalize on 1m skews

Jan 03, 2017 12:40 pm UTC| Central Banks Research & Analysis

The Swiss National Bank (SNB) has exhausted with an average of CHF 1.2bn. per week on FX market interventions in 2016, sources say. As a result, the Swiss central bank contributed decisively to keeping the EURCHF exchange...

FX Hedging Strategy Series

FxWirePro: Eurozone geopolitical agenda engulf risks on Euro, 1m skews preach put writers advantages in 2:1 1m2m PRBS

Jan 03, 2017 11:54 am UTC| Research & Analysis

Euro area GDP is expected to pick up in thefinal quarter of 2016. The underlying price pressures remain weak, but the latest economic data demonstrates that economic growth has remained moderate. Q3 GDP growth was 0.3%...

FxWirePro: Don’t fail to spot AUD/NZD spikes to deploy shorts in 2:1 “Put Ratio Back Spreads” on low IVs – Dips or spikes? Strategy to hedge either way

Jan 03, 2017 09:10 am UTC| Research & Analysis Insights & Views

First and foremost thing that we want to emphasize is that the momentum remains negative for this pair, we reckon the next bearish target to hit 1.0235 levels (Sept16 low). AUDNZD 1-3 month:Foresee potential below...

FxWirePro: Energy producers seek lesser Chinese buyouts to curb glut while WTI price resembles ascending triangle pattern

Jan 02, 2017 11:42 am UTC| Research & Analysis Technicals

The key energy giants have sought after lesser Chinese customers,sidestepping the state firmsthat have monitored imports, in a bid to counter a global gas glut. Amid the more rivalry in the energy sector, for smooth the...