FxWirePro: Loonie Gains Marginally Amid Flurry of Data Prints In Canada – USD/CAD OTC Updates And Options Strategy

Apr 09, 2020 07:56 am UTC| Research & Analysis Central Banks Economy

Canadian data announcements have been lined up for the next weeks, with unemployment data scheduled for today, BoC monetary policy is on 15thfollowed by press meet, while retails sales and CPI flashes to print on 21stand...

FxWirePro: Glimpse on Semi-Annual Monetary Policy Report of SARB, Uphold USD/ZAR Debit Call Spread As Rand Looks Vulnerable

Apr 07, 2020 14:40 pm UTC| Research & Analysis Central Banks Insights & Views

One week after Moodys rating downgrade the rating agency Fitch has further downgraded its sovereign rating for South Africa, now taking it to two steps below investment grade, and has also given it a negative rating...

Regulatory Series on Cryptocurrencies: BoK’s Intentions of Digital Won Depends on Pilot-Testing

Apr 07, 2020 08:49 am UTC| Research & Analysis Digital Currency Central Banks Insights & Views

South Koreas central bank (Bank of Korea) has been functioning to design and develop a state-backed digital currency although no such intentions are aggressively put forth for an immediate release just yet. Bank of...

FxWirePro: Are Banxico Rate Cuts On Cards? Uphold USD/MXN Debit Call Spreads

Apr 06, 2020 14:18 pm UTC| Research & Analysis Central Banks

The Mexican central banks (Banxico) meeting minutes give the impression that massive rate cuts in support of the economy are rather unlikely. Even though the central bank cut its key rate by 50bp to 6.5% on 20thMarch, one...

FxWirePro: Are Low VIX Amid Covid-19 Conducive For Hedging Options?

Mar 31, 2020 11:52 am UTC| Research & Analysis Central Banks

Entire global market is halted owing to the pandemic Covid-19, having total reported death cases exceeds across the globe with US, Italy and Spain surpassed Chinese numbers due to the deadly contagious coronavirus, almost...

FxWirePro: Chinese Currency Looks Stronger Against Euro And Weaker Against Aussie Dollar

Mar 23, 2020 14:57 pm UTC| Research & Analysis Central Banks

The Chinese central bank gave a rare comment on a specific level of USDCNY over the past weekend, which seems to suggest that the Chinese authorities intend to stabilize the market sentiment against the backdrop of a...

FxWirePro: CBR Maintains Status-Quo Monetary Policy – Uphold Delta-Hedged USD/RUB Ratio Call Spread

Mar 20, 2020 15:53 pm UTC| Research & Analysis Central Banks Insights & Views

CBR held a rate meeting today: Russian central bank maintained its benchmark interest rate at 6 percent during its March meeting, saying the rubles depreciation is a momentary pro-inflationary factor that might prompt...