MNI BRIEF: Japan June Core CPI Rises 2.6% Vs. May +2.5%

MNI BRIEF: Fed's Bowman Wants A More Effective Discount Window

MNI BRIEF: Fed Risks Soft Landing If It Doesn’t Cut - Goolsbee

MNI China Daily Summary: Thursday, July 18

MNI BRIEF: China To Upgrade Rural Land Reform: 3rd Plenum

MNI BRIEF: China's Third Plenum Eye's Deeper Financial Reform

CLARIFY: JAPAN JUNE SERVICES PRICES +1.7% Y/Y; MAY +1.6%

MNI JAPAN JUNE CORE CPI +2.6% Y/Y; MAY +2.5%

MNI: UK JUL GFK CONSUMER CONFIDENCE INDEX -13

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

FX Hedgers Eye Further Breakout in TWD

OPTIONS
  • FX Options market a little quieter than average judging by turnover, but a few bright spots including USD/JPY, USD/TWD and USD/CHF activity.
  • In vol space, front-end of the DM curve is a touch higher, with GBP/USD and AUD/USD 1m contracts recovering very slightly off recent lows.
  • USD/JPY interest driven by upside protection, with decent demand for 108.82, 109.50 and 110.50 call options. Around $2 in calls have traded for every $1 in puts so far Monday.
  • In USD/TWD, a flurry of trades mid-Asia Pac trade drove markets, with close to $1bln notional crossing in USD/TWD puts eyeing mid-June/early-July expiries consistent with 27.50/27.80 and 27.00/27.50 put spreads. Trades eye further decline in USD/TWD rate, pushing to new multi-decade lows last seen in late 1990's.
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets

To read the full story

Close

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.