Bank of Canada monetary policy preview
May 29, 2019 12:16 pm UTC| Commentary Central Banks
Today, the Bank of Canada (BoC) is to provide further guidance in policy meet. The result of the monetary policy meeting is scheduled to be announced at 14:00 GMT. No press conference scheduled today. Current policy...

May 29, 2019 10:24 am UTC| Research & Analysis Central Banks
Bearish AUDUSD scenarios below 0.69 if: 1) the RBA cuts rates more quickly than we expect; 2) the Fed responds to firm labor market outcomes by reinvigorating the 2019 rate guidance; 3) the Financial conditions in...
FxWirePro: Activate and Uphold Short Hedges in AUD on Headwinds of RBA and Trade-War
May 29, 2019 07:52 am UTC| Research & Analysis Central Banks
We think the majority of the AUDUSD projections dont seem to have any changes from its last monetary policy meeting and we could still foresee Aussie dollar at around USD 0.66 levels by H119 on some considerable driving...

FxWirePro: Loonie’s bearish risk looms ahead of BoC, uphold optionality to trade and hedge
May 28, 2019 12:55 pm UTC| Research & Analysis Central Banks
Two central banks are the prime focus for this week as they are scheduled for their monetary policies, Bank of Canada (BoC) and Reserve Bank of Australia (RBA). Last month, the BoC formally eliminated its rate hiking...

FxWirePro: PBoC to aggressively defend 7 per USD barrier
May 28, 2019 07:37 am UTC| Commentary Central Banks
Since April, after bottoming and consolidating around 6.65 area, Chinese yuan has steadily declined around 4 percent against the USD and currently trading at 6.92 per USD. However, a ride higher would face some serious...
Fed Hike aftermath Series: Hike probabilities over coming meetings
May 27, 2019 05:14 am UTC| Commentary Central Banks
FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 27th...
May 24, 2019 10:21 am UTC| Commentary Central Banks Economy
The Reserve Bank of Australia (RBA) is expected to cut the Official Cash Rate in November, taking the number of times the RBA cuts this year to three and the cash rate to 0.75 percent, according to the latest research...