FxWirePro: Spotlight on Antipodeans and APAC macros and trade radar
Aug 07, 2018 07:22 am UTC| Research & Analysis Central Banks Insights & Views
The NZD drifted lower overnight and is sitting near support levels against both the USD and AUD. At this months RBNZ OCR announcement, the central bank kept the policy rate on hold at 1.75%. The RBNZ retained full...
Aug 07, 2018 04:09 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) will announce its monetary policy decisions today at 4:30 GMT. Economy at a glance The economy is growing at 3.1 percent y/y as of Q1 2018 compared to 4.3 percent in early 2012....
Fundamentals to watch out for this week
Aug 06, 2018 13:17 pm UTC| Commentary Central Banks
In terms of volatility risks, this week is extremely heavy and the week belongs to the central bankers. What to watch for over the coming days: Central Banks: Reserve Bank of Australia (RBA) will announce...

FxWirePro: Short Antipodeans through optionality ahead of RBA
Aug 06, 2018 10:42 am UTC| Research & Analysis Central Banks Insights & Views
We forecast AUD to decline to USD0.72 by 3Q18. RBA commentary this year continues to reinforce Australias policy divergence with the G10, but the central bank now seems more comfortable with the level of AUD. We expect...

Aug 06, 2018 08:20 am UTC| Research & Analysis Central Banks
Bearish AUDUSD scenarios below 0.72 given: 1) the unemployment rate moves back towards 5.75%, raising the spectre of RBA rate cuts; 2) the Fed responds to firm labour market outcomes and above-trend growth by delivering a...
Fed Hike aftermath Series: Hike probabilities over coming meetings
Aug 06, 2018 05:28 am UTC| Commentary Central Banks
FOMC increased interest rates in March and June and increased its forecast from three rate hikes in 2018 to four rate hikes. June decision was unanimous. Current Federal funds rate - 175-200 bps (Note, all calculations are...
FxWirePro: Is Bank of Japan struggling to keep yields low?
Aug 03, 2018 13:00 pm UTC| Commentary Central Banks
The central bank of Japan has been very active in the bond market lately, largely to prevent the volatility to rise excessively as it nears the time to reverse its extra-ordinary easy monetary policies, which has been in...