
FxWirePro: ECB hawks disappear – Place EUR/USD diagonal options strips on dovish rhetoric
Dec 14, 2018 11:59 am UTC| Research & Analysis Central Banks
ECBs Mario Draghis press conference yesterday did not help the euro. European central banks President modestly seemed too pessimistic for that: growth and inflation forecasts revised down, warnings of global risks. On the...

Dec 14, 2018 10:41 am UTC| Research & Analysis Central Banks
After the ECB yesterday highlighted growing downside risks to the EU economy, todays manufacturing and services PMIs will provide further evidence on whether underlying growth momentum continues to soften. Last month, the...
Central Bank of Turkey keeps interest rate on hold at 24 pct
Dec 13, 2018 18:13 pm UTC| Commentary Central Banks
The Central Bank of Turkeys Monetary Policy Committee decided to keep the one-week repo auction rate on hold at 24 percent today. Lately, the released data indicate that rebalancing trend in the economy has become more...

FxWirePro: A glance at loonie and expression of USD/CAD call spreads
Dec 13, 2018 14:09 pm UTC| Research & Analysis Central Banks
The CAD is soft, down modestly vs the USD while underperforming most of the G10 currencies as market participants focus on escalating diplomatic tensions between Canada and China. The CADs standard driversoil prices...

FxWirePro: EUR/USD minor and major trend analysis on Fed’s prolonged hiking cycle
Dec 13, 2018 13:50 pm UTC| Research & Analysis Central Banks
FX analysts expected the Federal Reserve to hike rates more aggressively than what was priced in by investors, leading to a higher expected path for short term rates over the coming 10 years (Fed is scheduled for its...
Norges Bank keeps interest rate unchanged at 0.75 pct, likely to hike in March 2019
Dec 13, 2018 13:23 pm UTC| Commentary Central Banks
The Norges Banks Executive Board kept the key policy rate on hold at 0.75 percent today after hiking by 25 basis points at the September meeting. Todays decision was unanimous. The central bank has advised the Ministry...
FxWirePro: CHF trades on SNB’s status quo
Dec 13, 2018 12:15 pm UTC| Research & Analysis Central Banks
The Swiss National Bank (SNB) has maintained status quo in its monetary policy today to leave everything unchanged (kept libor rate at -0.75%). Consequently, the development of CHF over the past weeks did not seem to have...