Sterling DNTs Set To Pick-Up

26 Feb 2013

Capped downside structures like double-no-touches are expected to gain traction as correlation increases and volatility decreases between sterling and commodity currencies, such as the Canadian dollar and Australian dollar.

Capped downside structures like double-no-touches are expected to gain traction as correlation increases and volatility decreases between sterling and commodity currencies, such as the Canadian dollar and Australian dollar.

Buying three-month DNTs on GBP/CAD with strikes at CAD1.50 and 1.59 offers good value, according to strategists at BNP ...

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