BNP Touts 20-Year FX Calendar Spread
BNP Paribas fx strategists are recommending a calendar spread on long-dated euro/U.S. dollar volatility. The trade involves buying a 20-year call on the euro against the dollar and selling a five-year call on the same underlying, both with at-the-money strikes.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts