This Week In Futures Options

TWIFO 160: All The Research You Could Ever Need HOST: MARK LONGO, OPTIONS INSIDER MEDIA GROUP CME HOTSEAT GUEST: ERIK NORLAND - EXECUTIVE DIRECTOR AND SENIOR ECONOMIST, CME GROUP FX Brexit: Pound Set For Volatile Fall after Calm Summer? Options traders see a calm summer but volatile fall for GBPUSD. Implied volatility is far below 2016 levels. Options skewness is negative, especially for this fall, but not exceptionally so. A great deal of bad news has been priced into the pound. SONIA futures have abandoned hopes for the BoE rate hike, now suggest a cut is more likely. If U.S. Dollar Weakens, Who Benefits? The U.S. dollar could weaken because of bigger deficits, lower rates and slower growth. British pound may be undervalued because of Brexit and susceptible to a long-term rally. It may be hard for central banks to further devalue Euro, Swiss franc and Yen. Among emerging market currencies, the low-debt, not-commodity-dependent Indian rupee may be a winner. The Renminbi might follow USD downward. Iron ore an