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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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Free AccessMNI's FX Options Monitor finds: Among G10...>
OPTIONS: MNI's FX Options Monitor finds:
Among G10 FX, only a handful have positive realised/implied volatility ratios at
present, with AUD/USD the stand out.
The Brexit effect still looms large for GBP vols, with GBP/USD and EUR/GBP
implied volatility coming behind only BRL, MXN and ZAR vols in recent weeks.
The stakes in the Trump-Xi faceoff are clearly high: US-China reciprocal trade
flows is, by a distance, the largest in the world and options have largely
factored this into implied vol markets across most maturities. However, USD/CNY
realised vol remains acutely low. So much so that USD/CNY's realised/implied
volatility ratio is the lowest of all the currency pairs in our monitor on both
a one- and three-month horizon. This suggests that premiums continue to look
overvalued, which should continue to play into the hands of options writers in
current market conditions.
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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.