Options markets flip back towards weaker euro

Options markets flip back towards weaker euro

LONDON, Feb 9 (Reuters) – Bets on volatility ahead for euro-dollar exchange rates surged to a 2-month high of 11 percent on Tuesday as traders put more money on the dollar, flipping most derivatives…

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Forex – NZD/USD moves lower in late trade

Investing.com – The New Zealand dollar moved lower against its U.S. counterpart on Tuesday, as ongoing concers over the outlook for global growth
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USD/CHF drops further, on its way to 0.9800

The demand for the Swiss franc is now picking up pace, dragging USD/CHF to test the 0.9820/10 band, or session lows.USD/CHF lower on risk aversionSpot has gathered further downside pressure in response to the persistent risk-off trade in the global markets. Generalized unease regarding global growthSee Original Article

German trade balance witnesses slight decline – BBH

Research Team at BBH, notes that the Germany reported a slight decline in its trade balance to EUR18.8 bln from EUR20.5 bln previously. Key Quotes“However, this masked a 1.6% decline in exports. The consensus expected a 0.5% increase. Imports also fell 1.6%, three times what the market anticipaSee Original Article