FxWirePro: EUR/USD Projection for Q1’2020, FX Options Market Positioning, Fiscal and Monetary Policy Impact and Hedging Perspective

Dec 23, 2019 13:54 pm UTC| Research & Analysis Central Banks

EURUSD (1Q2020 1.12, 4Q2020 1.14): The forecast envisages a belated lessening in cyclical headwinds that should enable a modest EUR recovery in line with the pull from cheap valuation and its record balance of payments...

FxWirePro: Defensive Strategic Perspectives and Major Underlying Drivers For FX Player Needs To Consider In 2020

Dec 20, 2019 12:41 pm UTC| Research & Analysis Central Banks

What are the lessons of 2019, what does that mean for 2020, what are the implications of the UK election result, where are the risks in emerging markets, how could the trade war develop, is a currency war already in full...

Central Banking Series

The next Bank of England governor must take a radically different approach to running the economy

Dec 20, 2019 03:30 am UTC| Insights & Views Central Banks

Following the monumental Conservative election victory, now is the time for the economics to work through. Mark Carney is due to leave his post as governor of the Bank of England at the end of January after six and a half...

Bank of England maintains Bank Rate at 0.75 pct, likely to be on hold in coming year

Dec 19, 2019 12:51 pm UTC| Commentary Central Banks

The Bank of England kept the Bank Rate on hold at 0.75 percent during todays meeting. Nevertheless, two external members, Haske and Saunders, voted for a rate cut. Their arguments were that the economy has been slightly...

Norges Bank keeps key interest rate on hold at 1.5 pct, likely to stand pat in near future

Dec 19, 2019 12:01 pm UTC| Commentary Central Banks

The Norwegian central bank, Norges Bank, kept the key interest rate on hold at 1.5 percent today, as was widely expected. The central bank adjusted the rate path somewhat down in the front end, suggesting lower likelihood...

Riksbank hikes policy rate by 25 bps

Dec 19, 2019 09:55 am UTC| Commentary Central Banks

The Swedish central bank, Riksbank, hiked the repo rate by 25 basis points to 0.0 percent, as was anticipated. Moreover, the central bank hinted that the repo rate will remain at zero for 2020 and 2021. The Riksbanks...

FxWirePro: BoE Monetary Policy Preview, GBP OTC Updates and Hedging Strategies

Dec 19, 2019 09:39 am UTC| Research & Analysis Central Banks

The Bank of England (Thu) at midday is likely to announce no change to Base Rate at 0.75%. There is no press conference after the policy announcement. The big surprise last month was that two MPC members, Michael Saunders...