FX Options Update: December 13, 2018
Saxo Bank's latest report on the FX Options space is now live, with a look at GBP vols in the wake of Prime Minister May's surviving Wednesday's Conservative Party confidence vote.
Head of FX Strategy
Summary: A squeeze on long USD positioning over the last couple of sessions picked up pace overnight as US President Trump teased the market by supposedly ordering a draft of a US-China trade deal. This wouldn’t have anything to do with next Tuesday’s mid-term elections, would it?