FX Options Market Update: January 29, 2019
Summary: Saxo Bank's latest report on the FX Options space is now live, with analysis of GBPUSD, AUDUSD, and more.
Click here to download your copy.
EM FX Carry Trade Update - March 31, 2020 - HUF in focus
Many EM currencies have bounced slightly from recent lows, but others are under renewed pressure even after a significant recent recovery in risk appetite. We focus special attention on CEE currencies in this editions, normally something we have not done in the past as there is really no notable carry available in these currencies, but the situation demands our attention.
FX Breakout Monitor: Strong JPY and EUR, weak EM
The yen, and to a degree the euro, continue to trade on the strong side, with USDJPY and other JPY crosses poking around at breakout levels to the downside again today. A shift back to a negative tone also has a number of EM currencies on the defensive and gold is pushing the upside of the envelope as well. General market energy levels are increasing markedly.
FX Breakout Monitor: Oil-related FX in full retreat
The strongest currency at the moment is the Euro, which has leaped higher versus the US dollar but still far from upside breakouts due to the long recent sell-off. The same goes for USDJPY, but EUR crosses elsewhere are breaking higher, led by EURAUD and EURNOK, but the oil-sensitive CAD is also tumbling as oil prices plunge.
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