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市场新闻

FX options wrap - Nowhere fast, election bid, USD hedge

BUZZ-FX options wrap - Nowhere fast, election bid, USD hedge Shorter term expiry FX option implied volatility remains depressed to highlight a lack of short-term realised volatility expectations, with overnight/next day expiry option premiums hitting their lowest levels since July . Premium/break-even prices taken from overnight expiry implied volatility in EUR/USD, GBP/USD and AUD/USD, were at/below 25 USD pips on Monday's U.S.
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FX is going nowhere fast - according to options

BUZZ-COMMENT-FX is going nowhere fast - according to options Oct 14 (Reuters) - Implied volatility serves as a proxy for realized FX volatility when pricing options. For very short-term expiries, implied volatility is currently exceptionally low. Overnight expiry is the next working day at 10-am New York/3-pm London and is the shortest duration option.
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Dollar holds near highs as investors parse China's stimulus plans; euro dips

FOREX-Dollar holds near highs as investors parse China's stimulus plans; euro dips Updates at 0757 GMT By Vidya Ranganathan and Medha Singh SINGAPORE/LONDON, Oct 14 (Reuters) - The dollar hovered near recent highs on Monday as investors digested China's somewhat disappointing weekend stimulus announcements, while the euro extended its fall ahead of a central bank meeting this week.
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Dollar holds gains while investors parse China's stimulus plans

FOREX-Dollar holds gains while investors parse China's stimulus plans Updates prices By Vidya Ranganathan SINGAPORE, Oct 14 (Reuters) - The dollar held onto its gains and even extended some in Asian trading on Monday as a holiday in Japan sapped liquidity, leaving China's somewhat disappointing weekend stimulus announcements the focus of market attention.
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Australia, NZ dollars under pressure as China's fiscal stimulus disappoints

Australia, NZ dollars under pressure as China's fiscal stimulus disappoints SYDNEY, Oct 14 (Reuters) - The Australian and New Zealand dollars fell on Monday after Beijing's fiscal stimulus briefing lacked details and disappointed investors, although a tepid response in Chinese markets likely limited the downside. The Aussie AUD=D3 edged down 0.2% to $0.6736, having finished last week 0.7% lower as shifting U.S.
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Dollar extends gains while investors parse China's stimulus plans

FOREX-Dollar extends gains while investors parse China's stimulus plans By Vidya Ranganathan SINGAPORE, Oct 14 (Reuters) - The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China's somewhat disappointing weekend stimulus announcements the focus of market attention. The euro was down 0.13% at $1.0922 EUR=EBS and the pound nearly 0.2% lower at $1.3043 GBP=D3 .
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Dollar edges higher against major currencies as traders weigh US data

FOREX-Dollar edges higher against major currencies as traders weigh US data Updates prices throughout, adds analyst comment in paragraph 7 By Chibuike Oguh and Alun John NEW YORK/LONDON, Oct 11 (Reuters) - The U.S. dollar was flat against major currencies on Friday as markets digested a slew of economic data that supported the Federal Reserve's current monetary policy path.
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Dollar flat against peers as markets digest U.S. economic data

FOREX-Dollar flat against peers as markets digest U.S. economic data Updates headline, first paragraph, adds analyst comment; changes byline, dateline, previous TOKYO/LONDON By Chibuike Oguh, Alun John NEW YORK/LONDON, Oct 11 (Reuters) - The U.S. dollar was little changed against major currencies on Friday as markets digested a slew of economic data that supported the Federal Reserve's current monetary policy path, while a rise in British economic growth could not lift the pound from one-month l
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FX options wrap - Balancing current FX with impending risks

BUZZ-FX options wrap - Balancing current FX with impending risks The FX volatility upon which FX options thrive has been lacking and leaves dealers to manage time decay costs whilst retaining protection from impending risks. This scenario is reflected in FX option premium and trade flows. The USD has staged a recovery from its late September lows as the extent of the U.S.
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Dollar pauses for breath after US data, eyes on French and British economies

FOREX-Dollar pauses for breath after US data, eyes on French and British economies Updates at 1200 GMT By Kevin Buckland and Alun John TOKYO/LONDON, Oct 11 (Reuters) - The dollar paused near a two-month high against a basket of peers on Friday, as traders digested the latest inflation and jobs data, while a rise in British economic growth could not l ift the pound from one-month lows.
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Are options under-pricing US election risk to USD/JPY?

BUZZ-COMMENT-Are options under-pricing US election risk to USD/JPY? Oct 11 (Reuters) - When comparing FX option volatility risk premiums with their fair value measures for expiry dates, which include the U.S. election on November 5, USD/JPY stands out as being potentially under-priced. FX volatility is a key, yet unknown parameter of an FX option premium, so dealers use implied volatility as a stand in.
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Dollar pauses for breath after US data, eyes on French and British economies

FOREX-Dollar pauses for breath after US data, eyes on French and British economies Updates prices at 0930 GMT By Kevin Buckland and Alun John TOKYO/LONDON, Oct 11 (Reuters) - The dollar paused near a two-month high against a basket of peers on Friday, as traders digested the latest inflation and jobs data, while a rise in British economic growth could not raise the pound from one-month lows.
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Stand out G10 FX option strike expiries next week

BUZZ-COMMENT-Stand out G10 FX option strike expiries next week Oct 11 (Reuters) - The cash hedging of soon-to-expire FX option strikes can bolster nearby support and resistance levels, whilst having a magnetic effect on FX price action, and there are plenty to note on Friday and the week ahead. The biggest nearby EUR/USD strikes on Monday are at 1.0945-50 on 1.5 billion euros, Tuesday at 1.1000 on 3.3 billion euros, Wednesday at 1.0950-55 on 2.7 billion euros and on Thursday between 1.0975-90 on
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Dollar bulls suffer setback as traders add to Fed cut bets

FOREX-Dollar bulls suffer setback as traders add to Fed cut bets Updates prices as of 0543 GMT By Kevin Buckland TOKYO, Oct 11 (Reuters) - The U.S. dollar fell from two-month highs hit overnight versus its major peers after signs of weakness in the labour market boosted the case for quicker Federal Reserve rate cuts. Despite that, the dollar on Friday remained on track for a second straight weekly advance after surprisingly strong monthly payrolls figures last week prompted traders to take bets
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Australia, NZ dollars set for a second week of losses, await China stimulus

Australia, NZ dollars set for a second week of losses, await China stimulus SYDNEY, Oct 11 (Reuters) - The Australian and New Zealand dollars are each poised to log a second straight week of declines, with their near-term outlook set to be determined by details of expected fiscal stimulus from Beijing and the impact of that stimulus on commodity prices.
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Asia Morning Call-Global Markets

UPDATE 1-Asia Morning Call-Global Markets Oct 11 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 8223 35.6 NZX 50** 12754.58 -21.5500 DJIA** 42413.81 -98.19 NIKKEI** 39380.89 102.93 Nasdaq** 18303.567} 11.95 FTSE** 8237.73 -6.01 S&P 500** 5785 -7.04 Hang Seng** 21251.98 614.74 SPI 200 Fut 8234 -25 STI** 3585.29 -10.37 SSEC** 3301.9259 43.0681 KOSPI** 2599.16 4.8 ---------------------------------------------------------------------------------------- Bonds Net Chng Bonds N
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Asia Morning Call-Global Markets

Asia Morning Call-Global Markets Oct 11 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 8223 35.6 NZX 50** 12754.58 -21.5500 DJIA 42413.81 -98.19 NIKKEI** 39380.89 102.93 Nasdaq 18303.567 11.95 FTSE** 8237.73 -6.01 S&P 500 5785 -7.04 Hang Seng** 21251.98 614.74 SPI 200 Fut 8234 -25 STI** 3585.29 -10.37 SSEC** 3301.9259 43.0681 KOSPI** 2599.16 4.8 ---------------------------------------------------------------------------------------- Bonds Bonds JP 10 YR Bond 0.955 0.025
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FX options wrap - Falling FX volatility precedes a resurgence

BUZZ-FX options wrap - Falling FX volatility precedes a resurgence Price action in FX options suggests traders are anticipating a period of lower FX volatility before a resurgence in early November. Implied volatility for options expiring through the end of October is relatively low and sellers have been dominating the fairly limited trade flows. However, benchmark 1-month expiry options include the U.S.
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For FX traders it's vital that U.S CPI falls further

BUZZ-COMMENT-For FX traders it's vital that U.S CPI falls further Oct 10 (Reuters) - For FX traders who have established many bets that the dollar falls alongside the U.S. interest rate, it's vital that U.S CPI falls further. Although the Federal Reserve has started to ease, inflation is still above its 2% target, and unless it falls there is less chance that the interest rate can be lowered as far and perhaps more importantly, as fast as expected.
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U.S CPI won't match NFP impact on FX, options show

BUZZ-COMMENT-U.S CPI won't match NFP impact on FX, options show Oct 10 (Reuters) - FX volatility is an unknown, yet key parameter of an FX option 's premium, so dealers use implied volatility as a stand-in. The implied volatility attached to overnight options since their expiry included Thursday's U.S. CPI data is well below that seen before Friday's U.S.
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