FX Options Pricing in Holiday Trading; USD/CAD & NZD/USD in Focus

What’s inside: Implied volatilities decline sharply, reflecting the holiday trading environment through year-end Barring any major headlines this means expectations for volatility need to be tempered USD/CAD & NZD/USD have highest relative expectations based on differential between short and intermediate-term implied volatility Check out the IG Client Sentiment data page to see how retail traders […]

Weekly Trading Forecast: Politics in Focus on UK Election, Comey

An unexpectedly uncertain UK election and testimony from ousted FBI director James Comey may rattle markets and overshadow economic news-flow. US Dollar Forecast:US Dollar at Risk as Political Jitters Rattle Financial Markets The US Dollar is vulnerable to further weakness as political uncertainty shakes global markets and undermines the Fed’s ability to sustain a lasting […]

Technical Focus: Trading Emerging Market FX; USD/MXN and USD/ZAR

Looking for ideas and forecasts? Visit the DailyFX guides and forecasts page. Also, check out the webinar schedule. Are you positioned with the crowd? Check the IG Client Sentiment page to find out. May seasonal tendencies are bearish for emerging markets. Seasonal tendencies are a secondary consideration (everything is secondary to price!) but the charts […]