FxWirePro: Trades Perspectives of Aussie Crosses Ahead of RBA

Dec 03, 2019 10:08 am UTC| Research & Analysis Central Banks

This weeks major events areRBA and BoCs monetary policies. RBA policy decisionis universally expected to be on hold as the Board continues to monitor the impact of the previous three rate cuts on the economy. Q3balance of...

FxWirePro: Aussie Hedging Perspectives Amid Bolstering Global Risk Appetite

Dec 02, 2019 07:43 am UTC| Research & Analysis Central Banks

We expect two further RBA rate cuts, in February and again by June, taking the cash target to 0.25%, followed by a small but open-ended ACGB purchase program. AUDUSD has been sliding with an intensified selling momentum...

Now we know. The Reserve Bank has spelled out what it will do when rates approach zero

Nov 27, 2019 12:30 pm UTC| Insights & Views Central Banks

Last night, in a much anticipated speech broadcast live on the Reserve Banks website, Governor Phil Lowe laid out in very clear terms the circumstances in which the bank would resort to quantitative easing and the way in...

FxWirePro: A Glimpse at EUR/CAD Optionality – Deploy 3-Way Straddles To Hedge Puzzling Swings Ahead of BoC

Nov 26, 2019 10:32 am UTC| Research & Analysis Central Banks

EURCAD cant hold gains above 1.4750 and may revert to range trade. The pairs stealthy gains have come to a not so stealthy end, at least for now. We noted the rise in the cross would perhaps need to trade through 1.4750 in...

FxWirePro: Fundamental Intricacies of Lonnie - Diagonal Debit Call Spread To Hedge USD/CAD

Nov 25, 2019 11:01 am UTC| Research & Analysis Central Banks

BoC is scheduled for their monetary policy next week. It looks like another BoC communications flip-flop. Senior DG Wilkins stoked rate cut speculation with comments suggesting that policy makers had room to manoeuver on...

Bank Indonesia keeps key interest rate on hold at 5 pct, likely to cut rate in December

Nov 21, 2019 13:53 pm UTC| Commentary Central Banks

Bank Indonesia kept its 7-day reverse repo rate on hold at 5 percent today, following a 25 basis points cut in each of its prior four meetings. BI also cut its RRR by 50 basis points to 5.5 percent for commercial banks and...

QE by the RBA likely to result in lower bond yields in Australia, says Capital Economics

Nov 21, 2019 11:45 am UTC| Commentary Economy Central Banks

The decline in bond yields in Australia and New Zealand throughout 2019 has paused in recent months following optimism about a potential trade deal between the US and China and hawkish language from the Fed, according to...