Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 10 - 08:55 AM

GBP/USD - FX Option Hedging To Have A More Significant Impact On GBP/USD

By Richard Pace  —  May 10 - 06:55 AM
  • The cash hedging of soon to expire FX option strikes can impact FX

  • This cash hedging will increase as expiry draws near - can draw FX to strike

  • Huge GBP/USD strikes expire very soon - 2-billion pounds 1.2500-25 today

  • Monday has 674-million at 1.2530 and 621-million at 1.2565

  • Tuesday has another 2-billion at 1.2495-1.2500 and 500-million at 1.2525

  • light trading before U.S. CPI Wed gives more reason for FX to stay contained

  • Related comments nL1N3HD0FVnL1N3HD0IL

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!