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3 Dec 2014
Global FX gamma report – DB
FXStreet (Barcelona) - The Deutsche Bank Team shares the global gamma positioning data for the Forex market.
Key Quotes
“Perceived gamma positioning is net longer around spot in G10 FX. USD/CHF, EUR/USD and EUR/GBP appear modestly sticky around spot, while mid-shorts in USD/CAD and NZD/USD have been slightly trimmed. In the yen crosses, the USD/JPY profile stands out – with a short above and below but is long between 0% and 1%. Elsewhere, NOK feels quite slippy especially to the topside, while shorts in EUR/SEK have been entirely pared.“
“In emerging markets, positioning appears sticky for most of USD/Asia around spot, and slippy above and below. In CEEMEA, EUR/PLN and EUR/HUF are now both long above but short below, while USD/RUB and USD/ILS are overall slippier than a fortnight ago. USD/MXN appears net shorter to the topside.”
Key Quotes
“Perceived gamma positioning is net longer around spot in G10 FX. USD/CHF, EUR/USD and EUR/GBP appear modestly sticky around spot, while mid-shorts in USD/CAD and NZD/USD have been slightly trimmed. In the yen crosses, the USD/JPY profile stands out – with a short above and below but is long between 0% and 1%. Elsewhere, NOK feels quite slippy especially to the topside, while shorts in EUR/SEK have been entirely pared.“
“In emerging markets, positioning appears sticky for most of USD/Asia around spot, and slippy above and below. In CEEMEA, EUR/PLN and EUR/HUF are now both long above but short below, while USD/RUB and USD/ILS are overall slippier than a fortnight ago. USD/MXN appears net shorter to the topside.”