The AUD/USD fell more than 50 pips earlier today after the ABS reported a sharp slowdown in Australia’s growth rate in the September quarter. Further, the dismal GDP reading seems… Read more »
Gold’s price fell to 12-day lows in the overnight trade, signaling an end of the corrective bounce from $1,196. The price drop seems to have revived interest in put options. … Read more »
The USD/CNY one-month 25 delta risk reversals (CNY1MRR) traded at -0.10 in favor of USD/CNY put options yesterday – the level not seen since Aug. 29. The negative print indicates… Read more »
The USD/TRY one-month 25 delta risk reversals (TRY1MRR) are currently trading at 0.637 in favor of TRY puts, although the value of the bearish bets is at its lowest since… Read more »
Manage weakness or allow it to float The Chinese yuan will be a big story into year end. It’s a two-fold problem. One is the optics of USD/CNY hitting 7.00. It’s… Read more »
USD/CNY risk reversals hit highest since June 2016, meaning the value of CNY puts has hit 28-month highs. The increased value of CNY puts adds credence to the bullish setup… Read more »
The value of gold’s out of the money call options has hit the highest level since June 14. The options data validates the yellow metal’s recent bullish break above the… Read more »
Saxo Bank, a multi-asset brokerage, announced today that it is expanding its product offering. Specifically, the firm will now start offering contracts for difference (CFD) Options on a variety of… Read more »
If you want to mine cryptocurrencies in 2018, then the chances are you will need to consider investing in some mining hardware. A Scrypt ASIC or a SHA-256 ASIC will… Read more »
Francois Villeroy de Galhau is Governor of the Bank of France and thus a member of the European Central Bank policy board (Governing Council) Speaking over the weekend from Bali (IMF… Read more »