FxWirePro: Bearish/Bullish Scenarios, OTC Updates of EUR/USD and Hedging Strategies

Sep 09, 2019 06:50 am UTC| Research & Analysis Central Banks

Bearish EURUSD Scenarios: 1) Growth fails to rebound much above 1% and the ECB softens the guidance for theratehike towards the endof 2019 or indeed even 2020, 2) The extended political protests in France followed by...

Australia’s demand for mortgages picks up sharply in response to rate cuts in June and July, RBA unlikely to be impressed

Sep 09, 2019 06:41 am UTC| Commentary Economy Central Banks

Australias demand for mortgages picked up sharply in response to rate cuts in June and July, with 5.1 percent m/m growth in July. The strength was reflected across both owner-occupiers and investors. The Reserve Bank of...

FxWirePro: Central Bank Easing, Treasuries and Bullion Markets

Sep 06, 2019 13:28 pm UTC| Research & Analysis Central Banks

The key determinant of the post-1971 free-floating price for gold has been central bank activity. Simplistically, the impact of central banks on the gold price is two-fold. Indirectly, through their monetary policy...

FxWirePro: BoC Maintains Status-Quo - CAD/JPY FVA 1:2 Spreads For Vega Exposure

Sep 06, 2019 10:25 am UTC| Research & Analysis Central Banks

In this write-up, contemplating monetary policy outlook and geopolitical surface, we refer to JP Morgans analytical piece and emphasize on the long vega exposure - 6M6M/+1Y6M FVA 1*2 spreads for hedging the simmering...

Riksbank keeps repo rate on hold, hints at rate hike around end-2019

Sep 05, 2019 18:00 pm UTC| Commentary Central Banks

The Swedish central bank, Riksbank, kept the repo rate on hold at -0.25 percent, as was widely anticipated. The rate path was lowered, but the central bank continues to hint at a rate hike around the turn of the year. This...

FxWirePro: Bullish/Bearish Scenarios, OTC Updates of EUR/JPY Ahead of ECB and Hedging Strategies

Sep 05, 2019 07:54 am UTC| Research & Analysis Central Banks

Bearish EURJPY Scenarios: 1) ECB goes all-in with rates cuts, tiering and QE. 2) Trump proceeds with tariffs on Euro car imports. 3) A no-deal Brexit. 4) The trade tensions between the US and China intensify...

Bank of Canada keeps overnight interest rate on hold at 1.75 pct

Sep 04, 2019 19:42 pm UTC| Central Banks

Bank of Canada kept its overnight interest rate on hold at 1.75 percent today, as was widely anticipated. The accompanying statement was slightly less dovish than expected, as the central bank seems to have maintained a...