Option Themes: General themes to highlight in the options market from the FXWW Chatroom

1.    EUR vols too high outright2.    EUR vols too high relative to other usd pairs like AUD and GBP3.    Correlations are high in eurgbp(vol cheap)4.    GBP skew vs US …
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RBS: NFP Scenarios and Trades from the FXWW Chatroom

300k and Above – The US stands alone in the G4 with economic indicators accelerating. That keeps the USD uptrend intact. Long USD/JPY250k to 300K – Improvement in the US econom …
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EUR/USD – Short squeeze pre-NFP?

EUR/USD is posting fresh daily highs as dealers are seeing some profit-taking flows Not surprising given the sharp decline yesterday Asia reported intraday stops through 1.2970 and …
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Citi FX Flows – London Open

We have seen small net USD selling overnight, but not enough to get excited about. We have seen some interesting flows though. The NZD remains unloved as the NZ elections approach. …
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U/J: trade idea for after NFP by Mary McNamara

The U/J is currently tackling the major 61.8% fib level of the 2007-2012 bear move at 105.5. This follows on from yet another ‘Bull Flag’ breakout on the 4hr chart. A weekly cl …
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Euro under heavy pressure after rate cut, ahead of today’s US Jobs/NFP by Jim Langlands

EUR/USD: 1.2945 The Euro fell like a stone after the ECB surprised the market by cutting interest rates by another 10 bps, to a new record low of 0.05%, while also lowering the de …
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Session Data for Fri Sept 05 (GMT-5:00 ET)

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EUR update from Goldman Sachs

We got what we were looking for from the ECB and have covered a large portion of our short now that 1.30 failed to break meaningfully.  While the details of the ABS purchase progr …
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Deutsche Bank: EUR/USD to drop to 1.25 by year-end

It is difficult to pin down what is exactly priced for today’s ECB meeting. Rate cuts and ABS purchases aside (the impact of which is too small to matter), we think markets expec …
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Option Expiries – Huge USD/JPY expiries 105.00-105.55 today

Option expiries for today’s NY cut (10:00 ET, 15:00 BST, 14:00 GMT): AUD/USD: 0.9250 (735M), 0.9295 (412M9, 0.9300 (308M) NZD/USD: 0.8400 (280M) USD/CAD: 1.0875 (260M), 1.0890 (4 …
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