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Actualités

FX options wrap - billions, value, GBP call, intervention, ZAR

BUZZ-FX options wrap - billions, value, GBP call, intervention, ZAR Trader option data from DTCC shows 12.5 billion euros of EUR/USD FX options , most around 1.0900, expiring on Monday and Tuesday, so no surprise to see a limited EUR/USD spot range around this level. Quite a busy data week which includes a European central bank policy announcement could increase volatility and add value to shorter-dated expiry EUR/USD options , where 1-week expiry implied volatility is currently trading lows sin
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Value in EUR/USD options without the currency risk

BUZZ-COMMENT-Value in EUR/USD options without the currency risk July 15 (Reuters) - FX options can be utilized to trade FX volatility without direct exposure to currency risk. With the current low pricing of EUR/USD options, there might be an opportunity to find value during this busy data week, which also includes the European Central Bank policy announcement .
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Weak China data dents investor mood; Pakistan, Kenyan assets in focus

EMERGING MARKETS-Weak China data dents investor mood; Pakistan, Kenyan assets in focus Updated at 0900 GMT Goldman Sachs, J.P. Morgan trims China 2024 growth forecast Hungarian c.bank Deputy Governor's comments on tap India can cut borrowings in FY25 budget, says private lender Rwandans vote in election expected to extend Kagame's rule Stocks off 0.2%, FX flat By Johann M Cherian July 15 (Reuters) - Most emerging market stocks started the week lower after disappointing China economic data, while
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FX options wrap - JPY success, big EUR, low FX volatility

BUZZ-FX options wrap - JPY success, big EUR, low FX volatility FX option implied volatility is at, or edging toward, long-term lows in the major currency pairs, reflecting broader risk appetite and a continued lack of FX volatility . Benchmark one-month expiry implied volatility trades three-year at 4.9 , while one-month GBP/USD is trading just above its post-Brexit lows of 5.5. Other currency pairs and maturity dates are following suit as markets head in to the traditional summer lull.
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Stand-out FX option expiries for the week ahead

BUZZ-COMMENT-Stand-out FX option expiries for the week ahead July 12 (Reuters) - The cash hedging of soon-to-expire FX option strikes can have a magnetic effect on FX price action and add to nearby support/resistance. There are some huge strikes worth noting for Friday, July 12 , and for the week ahead. Stand-out EUR/USD strike expiries are on Monday at 1.0800 on 2.1 billion euros, between 1.0815-30 on 3.5 billion euros, 1.0850 on 1.1 billion euros, 1.0895-1.0900 on 4.6 billion euros and between
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FX options wrap - Low FX vol justified but JPY caught off guard

BUZZ-FX options wrap - Low FX vol justified but JPY caught off guard Low overnight expiry FX option implied volatility flagged expectations of a minimal reaction to the U.S. CPI data, which proved to be justified . That is except for USD/JPY, where the price action would suggest officials may have taken advantage of the weaker U.S. data to give the JPY an intervention-led boost .
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FX options wrap - FX outlook, big profits, CPI risk, GBP 1.30

BUZZ-FX options wrap - FX outlook, big profits, CPI risk, GBP 1.30 FX option implied volatility remains under pressure across all currency pairs and maturit y dates, with a lack of FX realised volatility set to be further impeded by the typical summer lull . EUR/USD is a fine example for the broader FX outlook, with its benchmark 1-month expiry implied volatility testing 3-year lows at 4.9 .
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FX options wrap - Fed risk, appeal, Brexit, JPY digital, RBNZ

BUZZ-FX options wrap - Fed risk, appeal, Brexit, JPY digital, RBNZ FX option implied volatility continues to drift lower amid a lack of FX realised volatility, which should serve to enhance the appeal of FX carry trades . Benchmark 1-month expiry EUR/USD implied volatility eyes 3-year lows at 4.9 4.9 and 1-month GBP/USD eyes its post Brexit lows from May and March at 5.5. Even 1-month expiry USD/JPY implied volatility has fallen from 10.4 to 8.8 in a week as spot is drawn to alleged 161.00 digit
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FX options wrap - FX signals, AUD up, EUR down, expensive

BUZZ-FX options wrap - FX signals, AUD up, EUR down, expensive USD weakness and risk appetite have been weighing on FX option implied volatility and there is little to change that narrative unless Thursday's U.S CPI data beats expectations. EUR/USD implied volatility has almost erased all of the sharp gains seen after the French election was first called in mid June, while risk reversals contracts have given back most of their additional risk premium for EUR puts over calls.
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Euro steadies as investors weigh up French gridlock; dollar soft

FOREX-Euro steadies as investors weigh up French gridlock; dollar soft Updates prices By Kevin Buckland and Amanda Cooper TOKYO/LONDON, July 8 (Reuters) - The euro steadied on Monday, recovering overnight losses that stemmed from projections from France's election which pointed to a hung parliament, while the dollar remained soft. The dollar remained on the back foot following surprisingly soft U.S.
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Euro steadies as investors weigh up French gridlock; dollar soft

FOREX-Euro steadies as investors weigh up French gridlock; dollar soft Adds comment, refreshes prices at 0912 GMT By Kevin Buckland and Amanda Cooper TOKYO/LONDON, July 8 (Reuters) - The euro steadied on Monday, recovering overnight losses that stemmed from projections from France's election pointed to a hung parliament, while the dollar remained soft.
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Why EUR/USD is more likely to return to its range low

BUZZ-COMMENT-Why EUR/USD is more likely to return to its range low July 8 (Reuters) - There are good reasons to think EUR/USD's upside potential will be limited and more chance of it heading back toward the lower end of the long term range at 1.1240-1.0448 over coming months. While the French election may have avoided the fiscal disaster associated with a win for the far right National Rally (RN) , it has resulted in a hung parliament which will being its own problems for France and potentially,
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Asian shares edge higher, euro dogged by French political deadlock

GLOBAL MARKETS-Asian shares edge higher, euro dogged by French political deadlock Asian stock markets : https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week features U.S. CPI data, Fed Powell, corporate earnings Updates prices By Wayne Cole SYDNEY, July 8 (Reuters) - Asian stocks inched higher on Monday as investors grew more confident about a September U.S.
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Asia shares firm, euro dogged by French political deadlock

GLOBAL MARKETS-Asia shares firm, euro dogged by French political deadlock Asian stock markets : https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week sees U.S. CPI data, Fed Powell, corporate earnings Updates prices, adds Chinese stock movements in paragraph 10 By Wayne Cole SYDNEY, July 8 (Reuters) - Asian stocks inched higher on Monday as investors grew more confident about a September U.S.
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Asia shares firm, euro dogged by French election deadlock

GLOBAL MARKETS-Asia shares firm, euro dogged by French election deadlock Asian stock markets : https://tmsnrt.rs/2zpUAr4 Euro down a fraction as France heads for hung parliament Stocks underpinned by hopes for Sept Fed rate cut Week sees US CPI data, Fed Powell, corporate earnings By Wayne Cole SYDNEY, July 8 (Reuters) - Asian stocks inched higher on Monday as investors grew more confident about a September U.S.
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Dollar stays lower after US jobs data; euro up ahead of French election

FOREX-Dollar stays lower after US jobs data; euro up ahead of French election Bitcoin falls on Mt. Gox liquidation fears Sterling up after UK election Eyes on French elections on Sunday Updates to 3:30 p.m. ET By Caroline Valetkevitch NEW YORK, July 5 (Reuters) - The U.S. dollar index stayed slightly lower on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring the view the Federal Reserve could begin cutting interest rates in Septembe
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Dollar edges down after US jobs data; pound firm after UK election

FOREX-Dollar edges down after US jobs data; pound firm after UK election Updates to 10 a.m. ET By Caroline Valetkevitch NEW YORK, July 5 (Reuters) - The U.S. dollar index fell slightly on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose, underscoring the view the Federal Reserve could begin cutting interest rates in September.
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FX options wrap - FX stability and risk appetite hit premium

BUZZ-FX options wrap - FX stability and risk appetite hit premium No surprise to see FX option implied volatility under broad based pressure as risk appetite and a weaker USD leave FX subdued within well worn ranges. U.S. holiday-thinned markets played their part, as did the passing of Friday's U.S. NFP data close to expectations. GBP/USD benefits from the weaker USD with negligible support from the landslide win for the Labour party in the UK election, which had been widely expected .
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Dollar briefly adds to decline vs yen after US jobs data

FOREX-Dollar briefly adds to decline vs yen after US jobs data Updates to 8:45 a.m. By Caroline Valetkevitch NEW YORK, July 5 (Reuters) - The dollar b riefly extended declines against the Japanese yen on Friday after data showed U.S. job growth slowed in June, albeit to a still-healthy pace, and the unemployment rate rose to 4.1%. Against the Japanese yen =EBS>, the dollar w as last down 0.22% at 160.89. The dollar index =USD , which measures the greenback against a basket of currencies includin
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Dollar weak ahead of US jobs data, pound firms after Labour landslide in UK election

FOREX-Dollar weak ahead of US jobs data, pound firms after Labour landslide in UK election Updates prices throughout By Iain Withers LONDON, July 5 (Reuters) - The dollar fell to a three-week low on Friday ahead of U.S. payrolls data that could influence how quickly the Federal Reserve cuts interest rate s, while the pound firmed as the Labour party secured a landslide victory in the UK general election .
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