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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.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Healthy trading in currency options.........>
OPTIONS: Healthy trading in currency options markets Wednesday, with higher than
average volumes crossing in EUR/USD, USD/JPY, USD/CNY and EUR/JPY. Downside
exposure in EUR/USD in firm demand so far today, with today's put/call ratio for
vanilla options at 1.65, as per DTCC data, with the trades becoming popular
following the break lower in the spot price. This sentiment is echoed in 1m and
3m EUR/USD implied vols, both of which are well bid today.
Following MNI sources reporting that Chinese authorities may let USD/CNY slide
above 7.00 this year, USD/CNY calls have been particularly popular, with over 3
USD/CNY calls bought for every 2 puts so far today. USD/CNY call strikes at 7.00
continue the much-observed theme today, with further trades positioned to profit
on a move above Cny7.10-7.15. This follows USD/CNY touching Cny6.9475 this week,
the highest since early January 2017.
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.