Dec 13, 2018 11:39 am UTC| Commentary Central Banks
The Philippine central bank decided to keep its key interest rate on hold today after having hiked to 4.75 percent. The BSP kept the overnight RRP at 4.75 percent. Accordingly, the overall interest rate corridor was also...
FxWirePro: ECB monetary policy preview
Dec 13, 2018 10:52 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by the press conference at 13:30 GMT. The meeting is to be held at the ECB headquarter in...
SNB monetary policy: Assessing future bias
Dec 13, 2018 09:28 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...

FxWirePro: USD/CHF butterfly spread for jerky IVs ahead of SNB monetary policy and wedged trend
Dec 13, 2018 08:44 am 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...
FxWirePro: Will SNB hint policy reversal at today’s meeting
Dec 13, 2018 07:42 am UTC| Commentary Central Banks
Swiss National Bank (SNB) will announce interest rate decision at 8:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Federal...
INR outlook faces downside risks amidst RBI governor’s resignation
Dec 11, 2018 13:15 pm UTC| Commentary Central Banks
Reserve Bank of India governor Urjit Patel stepped down from his post in a surprise move yesterday. Patel cited personal reasons for his move; however, this is a sign of an increasing dispute between Patel and the...

FxWirePro: EUR/USD trend analysis, OTC updates and options strategy ahead of ECB
Dec 11, 2018 07:26 am UTC| Research & Analysis Central Banks
EURUSD prices are back under pressure, having failed to break-out stiff resistance at around 1.1466 - 1.1518 areas. We are now developing into a bear channel, with 1.1385 resistance and 1.1280/70 the next support - that...