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Policy
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
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Decent FX hedging/options volumes so far....>
OPTIONS: Decent FX hedging/options volumes so far Tuesday, with busy GBP/USD,
USD/JPY and EUR/GBP markets propping up overall activity and making up for
EUR/USD, USD/CNY pairs which are far more quiet. DMFX vols are generally higher
across 1m tenors, with GBP/USD seeing the most marked move (up 0.7 points to 8.1
points) as vols look to retrace the big post-election downtick on Friday and
begin to look ahead to the probable new EU exit date on Jan 31st.
- Today's GBP/USD put/call ratio is somewhat non-directional, with decent
interest in $1.3250, 1.3300 and 1.3400 call strikes countered by similar demand
for downside exposure via 1.3070, 1.30 and 1.2975 put strikes.
- This somewhat contrasts with EUR/GBP today, for which there's been strong
demand for downside protection via puts thanks to firm interest in strikes
layered between 0.79 and 0.84, with most trades crossing consistent with
shorter-dated put spreads rolling off in mid- or late-March 2020.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.