FxWirePro: Long ITM put to tackle momentary NZD short covering trend – PRBS to hedge as NZD/USD 2m IVs still bearish skewed ahead of RBNZ

Sep 20, 2018 11:01 am UTC| Research & Analysis Central Banks

NZDUSD speculators have begun paring extreme short positions, indicating NZD upside potential near-term. However, there is major event risk to navigate during the next week. The catalyst for the reduction in short...

FxWirePro: SNB unlikely to follow Fed and ECB at hinting policy reversal

Sep 20, 2018 06:48 am UTC| Commentary Central Banks

Swiss National Bank (SNB) will announce interest rate decision at 7:30 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...

Bank of Thailand keeps policy rate on hold at 1.50 pct, likely to hike by 25 bps in November

Sep 19, 2018 10:55 am UTC| Commentary Central Banks

As was expected, the Bank of Thailand kept its policy rate on hold at 1.50 percent. However, two of the seven Monetary Policy Committee members voted for the interest rate to be hiked by 25 basis points. Todays policy...

BOJ monetary policy preview

Sep 18, 2018 14:33 pm UTC| Commentary Central Banks

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours, probably around 2:00 GMT, followed by the press conference from governor Kuroda around 6:30 GMT. Current monetary...

FxWirePro: Hold Bearish Swedish Krona - Long NOK/SEK spot and EUR/SEK via Bullish Seagull

Sep 18, 2018 11:51 am UTC| Research & Analysis Central Banks

The Riksbank maintained status quo by leaving key interest rates unchanged as expected but took down the rate path by 5-7bp throughout the forecast horizon (through 2021). The minutes from Riksbanks monetary policy meeting...

FxWirePro: JPY portfolio reshuffling ahead of monetary policy season

Sep 18, 2018 10:40 am UTC| Research & Analysis Central Banks Insights & Views

In this write-up, we emphasize on Yen ahead of monetary policy from the regions central banks. YenFX markets are likely to sense some turbulence, and accordingly, we advocate below speculative options strategies amid the...

FxWirePro: Bid 2m EUR/CAD skews and deploy 3-way straddles on ECB and NAFTA events

Sep 17, 2018 14:08 pm UTC| Research & Analysis Insights & Views Central Banks

We are near-term neutral EUR despite a resolute ECB given softer data. ECBis a long way from hiking and trade tensions are worsening. On the flip side, NAFTA has become the dominant driving force for CAD in the near-terms,...