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JeremyWS replied Oct 31, 2013Goldman sachs on the EUR Detailed EUR view from Jon Pierce : FOMC seemingly a touch less dovish than the market expected and with the ECB meeting now on the horizon the Euro has been the weakest performer over the past 24 hours. The weak EZ ...
EURUSD
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JeremyWS replied Oct 31, 2013BNP paribas update We have revised our ECB call and now forecast a lower refinancing rate. There are two key factors driving this forecast. First, inflation is persistently undershooting the ECB’s definition of price stability, which risks ...
EURUSD
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JeremyWS replied Oct 31, 2013Nomura G10 daily EUR – The Fomc didn’t really clear anything up last night, and the debate around tapering continues. What is pretty clear, based on the price action, is that the market is long the single currency (as we have been worried about for ...
EURUSD
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JeremyWS replied Oct 30, 2013ANZ OCR Preview: SUMMARY Another “no change” decision is a given for Thursday’s RBNZ OCR Review. The economy is strengthening and this is starting to flow through into core inflation. However, a moderate inflation backdrop, wobbly global scene, ...
NZD/USD
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JeremyWS replied Oct 30, 2013option skews have been expecting a crash across risk assets for the last year... hasnt happened yet.
EUR/JPY Trading Room
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JeremyWS replied Oct 30, 2013well you are correct for all pairs expect the USDJPY for example the EURUSD you would have DE-US 2 year spread. GBPUSD - GB-US 2 year spread but for USDJPY, you don't use the short end of the curve, you use the 10's. This is because the JGB short ...
USD/JPY Discussion
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JeremyWS replied Oct 30, 2013JGB 10 year (white RHS) vs. USDJPY I think that most of the big ramp up was definitely Japan related but JGB's only had about a month of wild swings then pretty much nothing expect for yields going to 0 again...
USD/JPY Discussion
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JeremyWS replied Oct 30, 2013Here is a tech update on commod currencies from Commerzbank, I haven't used Dropbox before but hopefully this link works url
AUD/USD
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JeremyWS replied Oct 30, 2013*30-Oct-2013 - REUTERS POLL-46 OF 53 ECONOMISTS POLLED SAY BANK OF ENGLAND WILL BRING FORWARD ITS EXPECTATION FOR WHEN UNEMPLOYMENT WILL REACH 7 PCT *30-Oct-2013 - REUTERS POLL-49 OF 53 ECONOMISTS SAY BOE GUIDANCE GET-OUT CLAUSES WILL NOT BE USED
Cable Update (GBPUSD)
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JeremyWS replied Oct 30, 2013*reuters poll-ecb will announce a new round of cheap, long-term loans for banks - 44 out of 59 economists *reuters poll-timing of new ecb ltro likely to be early next year, maturity three years *reuters poll-ecb refinancing, deposit rates to stay on ...
EURUSD
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JeremyWS replied Oct 30, 2013*30-Oct-2013 13:00 - GERMAN OCT PRELIM CPI -0.2 PCT M/M, +1.2 PCT Y/Y (VS REUTERS FORECAST OF UNCH M/M, +1.4 PCT Y/Y) *30-Oct-2013 13:00 - GERMAN OCT PRELIM HICP -0.2 PCT M/M, +1.3 PCT Y/Y (VS REUTERS FORECAST OF UNCH M/M, +1.5 PCT Y/Y)
EURUSD
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JeremyWS replied Oct 30, 2013For Lumesh AUD drop this year came to swap implied fair value General convention for CAD is not to use 3 month swaps that why there is not much correlation. GBP now trading on future expectations as opposed to current yield differentials - i.e. need ...
EURUSD
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JeremyWS replied Oct 30, 2013EUR Implied Volatility skew widened 0.17 vol points to the EUR bearish side today - EUR options traders positioning ahead of FOMC N.B. there is an erroneous spike in 1 month risk reversal, but it's bad data feed
EURUSD
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JeremyWS replied Oct 29, 2013I am also short from 1.45, stop on a close >1.4560 targets 1.4350/4400 I managed to pick up 50 pips selling the 1.4530 move down to 1.4480's today, so only really risking 10 points on this.
AUD/USD