Turkish central bank keeps policy rate unchanged at 17.75 pct

Jul 24, 2018 13:05 pm UTC| Commentary Central Banks

The Central Bank of Turkey Monetary Policy Committee has decided to keep the policy rate, one week repo auction rate, constant at 17.75 percent. Data released recently showed that a more considerable rebalancing trend in...

FxWirePro: Deploy Options Straps as EUR/AUD’s Both Spot and OTC Markets Oscillate in Topsy-Turvy Range Ahead of ECB

Jul 24, 2018 11:13 am UTC| Technicals Research & Analysis Insights & Views Central Banks

Ahead of the ECB meetingon Thursday, we have to get the latest PMI readings across the Eurozone. Economic data slumped in Q1, but while a level of recovery has been witnessed in Q2. However, ECB policy has proved a modest...

FxWirePro: Chinese yuan declines to lowest in a year; PBoC continues to inject liquidity

Jul 24, 2018 11:11 am UTC| Commentary Central Banks

Chinese yuan has dropped the lowest point in a year as the trade tensions between the United States and China has been taking a toll in 2018, especially since March. Yuan dropped to 6.844 against the USD in overseas...

FxWirePro: Chinese yuan declines to lowest in a year; PBoC continues to inject liquidity

Jul 24, 2018 11:11 am UTC| Commentary Central Banks

Chinese yuan has dropped the lowest point in a year as the trade tensions between the United States and China has been taking a toll in 2018, especially since March. Yuan dropped to 6.844 against the USD in overseas...

FxWirePro: Analyzing softness and hardness Euro fundamental drivers ahead of ECB and RV trades

Jul 24, 2018 09:05 am UTC| Research & Analysis Insights & Views Central Banks

The economy decelerated sharply in 1Q but truth be told it was the extent to which the data undershot expectations rather than the loss of momentum that did the most damage to EUR. In particular, data surprises collapsed...

FxWirePro: UK rates markets append higher probabilities of August BoE hike amid unsettled Brexit fog – OIS swap spreads for low-beta

Jul 23, 2018 12:19 pm UTC| Research & Analysis Central Banks

On the course of Brexit discussions, although the Chequers proposal is clearly unacceptable to the EU, the limited negative commentary is expected from Barnier and the EU for the time being given the domestic political...

FxWirePro: Spotlight on EUR/GBP amid BoE and ECB monetary policies with key fundamentals - Forwards and OTC bids to substantiate bullish risks

Jul 23, 2018 12:01 pm UTC| Research & Analysis Central Banks

Rate-setters at the European Central Bank (ECB) meet in Frankfurton Thursday. Their plan to conclude net bond purchases by the year-end, but to keep interest rates on hold at least through the summer of 2019 was already...