BUZZ-FX options wrap - Risk premium, USD direction, EUR/USD targets Overnight expiry FX option implied volatility in the higher beta USD pairings was trading its biggest pre-U.S. CPI premium this year. However, Wednesday's data was basically in line with expectations and didn't prompt the excessive volatility for which options were primed. Broader FX option implied volatility has eased as the CPI risk premium was priced out and as always, is more evident in sub-one-month expiry contracts.

FOREX-Dollar sags after benign US inflation data; kiwi skids on rate cut Updates prices as of 0315 GMT By Kevin Buckland TOKYO, Aug 14 (Reuters) - The dollar remained on the back foot on Wednesday after tumbling versus major peers overnight as a benign reading for U.S. producer prices reinforced bets on Federal Reserve interest rate cuts this year.

BUZZ-COMMENT-RBNZ risks lean in favour of a pause Aug 13 (Reuters) - The RBNZ policy decision on Wednesday is shaping up to be one of the more exciting of recent times. The market is currently pricing a 75% chance of a 25bps rate cut, in contrast to the 61% of economists polled by Reuters who expect the official cash rate to be left unchanged at 5.5%.

RPT-BUZZ-COMMENT-Stand-out FX option strike expiries for the week ahead Repeats with no changes Aug 9 (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 large strikes worth noting for the week ahead. EUR/USD strikes expire on Monday at 1.0900 on 1.3 billion euros ($1.42 billion) and Tuesday at 1.0865-75 on 1.4 billion euros and 1.0900 on 1.7 billion euros.

RPT-BUZZ-COMMENT-Stand-out FX option strike expiries for the week ahead Repeats with no changes Aug 9 (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 large strikes worth noting for the week ahead. EUR/USD strikes expire on Monday at 1.0900 on 1.3 billion euros ($1.42 billion) and Tuesday at 1.0865-75 on 1.4 billion euros and 1.0900 on 1.7 billion euros.