Sweet Yeh, not many Options or Rates people around on this forum, even though the latter is critical in FX. But I suppose the relative difficulty to trade it, means people don't even look at them I suppose... And I know what you mean about silly and ...

Cross Market Analysis

Varies hugely... individuals tend to be part of HNW/wealth management teams and will get access to portals of trade recs.. but its mostly buyside clients, i.e. HFs/Corportates etc I dunno, for an individual to trade with a bank they'd probably need ...

Cross Market Analysis

For example... Here is someones (not mine) trade recommendations for 2014 so far... Behind each one is a research piece sent to clients why the should do this trade... so clients are directly impacted if they choose to copy... but I stress they ...

Cross Market Analysis

One thing to keep an eye on... Russian CDS' (chart). We can use them as a decent proxy for the geopolitical risk out there... and they've been spiking higher in the past few days, and notably today... Most likely to affect the USDJPY (chart) ,and ...

Cross Market Analysis

We provide trading recommendations for clients and we run mock recommendation books for clients where they basically copy what our desk does... (if they want to) and if I'm trading in a way they don't want, then they won't be happy.

Cross Market Analysis

because clients and my boss won't like that...

Cross Market Analysis

When vol is low, the way to adjust is to increase leverage to achieve the same return... ok fair enough... but risks come with that. I'm sure as hell not going to up my risk, I'd rather just sit on cash for one month... its all about risk-adjusted ...

Cross Market Analysis

Yup, the whole of August will be boring. Don't bother trading anyone. Find a book, go on holiday, learn something new. Come back in a month. If youre not doing this for a job, don't do it now.

Cross Market Analysis

CitiFX Wire.. 48 Hours of Risk G10 FX USD: USD continues to consolidate post payrolls. Today’s ISM non-manufacturing a highlight (10:00 EST). Pressure points at 56 and 57 on the headline; 57.9 the cycle high. Sub-components including employment ...

Cross Market Analysis

Wow the markets are boring... spend as long as possible at lunch, no point watching a screen these days. Here is Nomura spot desk thoughts JPY – USD/JPY was lifted by a fixing demand and printed a daily high of 102.63 in Asia, before it run out of ...

Cross Market Analysis

BES was never / will never be a systemic problem, in terms of contagion.. also *PORTUGAL'S BANCO ESPIRITO SANTO GETS EU4.9 BLN RESCUE

EURUSD

A goldilocks number serves as a great way to load up on risk and leverage to the max! hence risk FX is bid well... could be the turning point for the Summer until sept 17th or so.

Cross Market Analysis

JPY – A small consolidation yesterday ahead of the main event today. Usd/Jpy should be the purest trade here, and above 103.30 the market seems to get a little nervous and short gamma so with a decent print (260+) we should go there pretty fast. ...

Cross Market Analysis

CDS gross and net notional exposure to Arg debt is rather small.. (region of $1bn) and given the fact, they aren't really defaulting, the recovery rate is going to be rather high if the ISDA consider this a "credit event"... So basically, the risk, ...

EURUSD

Lets play spot a ZeroHedge reader...

EURUSD

US 10 year price... incredible v-shaped recovery, and looking very strong indeed... Mostly, these moves are month end rebalancing, but even still. quite dangerous.

Cross Market Analysis

US equity futures are down 1.3% (ES) Looking at high yield spreads, they are also wider... bit of selling going thru the markets it seems.

Cross Market Analysis

"This is a two player market, for a seller to earn / a buyer has to lose." While this is true, there are some people who don't care about the profit and loss from trading... Consider corporates, They have to be net buyers of about €20 billion per ...

EURUSD

Emailed out just now... but posting here also webinar today at the usual time, looking forward to it (here url ) at 1700GMT BNP Paribas: COMMODITY CCYS => CAD GDP out this am with market expecting 0.4%. I have reduced long USDCAD position into ...

Cross Market Analysis

Important to note this Employment costs number. Big move higher, confirming that wages are starting to pick up (at a faster rate) as the unemployment rate is dropping. important because, if we see a sizeable pick-up in inflation in the second half ...

Cross Market Analysis