FX Options InsightsRisk aversion continues to play a significant role in shaping market dynamics, stabilizing the USD's decline on Friday. Meanwhile, FX implied volatility is on the rise,...
Institutional insights: Credit Agricole FX Weekly 040/04/25
A USD crisis?The recent sharp decline in the USD outlook can be attributed to several factors: (1) market concerns that President Donald Trump’s combination of protectionist policies, immigration...
Institutional insights: Goldman Sachs Trading Desk First Take On Tariffs
WORSE THAN EXPECTED FICC and Equities Our desk is currently observing significant long selling in tech stocks and aggressive hedge fund (HF) shorting in macro products. S&P 500 futures have...
FX Options Insights 03/4/25
FX Options InsightsReciprocal tariffs imposed by the US on its trading partners have significantly influenced the USD and its associated risk profile, driving heightened demand for volatility...
Institutional Insights: Nomura - Playing The Post Tariff Pain Trade
Institutional Insights: Nomura – The Possible Post Tariff Pain Trade PlaybookAccording to Nomura's flow guru McElligot - The market seems to be signalling a clear expectation of lower equity...
FX Options Insights 02/04/25
FX Options Insights 02/04/25U.S. President Donald Trump will announce reciprocal tariffs at 4 p.m. New York time (2100 BST) on Wednesday, dubbing it Liberation Day. FX options suggest heightened...
Institutional Insights: SocGen FX View USD 65trn nervous dollars
FX View USD65trn nervous dollarsNo clarity ahead of ‘Freedom Day,’ but USD remains capped.The sheer volume of foreign holdings in US assets (approximately $65 trillion at last count) and concerns...
FX Options Insights 01/04/25
FX Options Insights Speculation continues to swirl around the scope of Wednesday's broad-based U.S. trade tariffs and their potential impact on the global economy. While studies suggest a range...
FX Options Insights 31/03/25
FX Options InsightFX spot markets have remained relatively stable within their recent ranges. However, growing risk aversion is driving up overall implied volatility and increasing premiums on USD put...
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