FxWirePro: Double whammy on sterling’s vulnerability ahead of “BoE and House of common votes on Brexit – Spot on mounting OTC hedging sentiments

Jun 20, 2018 10:52 am UTC| Research & Analysis Central Banks

Ahead of BoEs monetary policy that is scheduled tomorrow, GBP has been drifting modestly lower on delayed rate hikes until much later in 2018 as core CPI continues to moderate and wages remain sticky below 3%, so lacking...

FxWirePro: GBP/JPY 2m skews signify bearish risks in line with technicals - ‘Put Ratio Back Spreads’ best suitable hedging strategy ahead of BoE

Jun 20, 2018 09:50 am UTC| Research & Analysis Central Banks

GBPJPY dipped from the highs of 147.987 levels to the current 144.947 levels in last weeks (refer above chart). Thereby, bears of this pair have resumed back their business. We overtly stated about this bearish trend of...

FxWirePro: Can BoE act at monetary policy meeting amid bearish sterling sentiments? Uphold short hedges

Jun 20, 2018 08:25 am UTC| Research & Analysis Central Banks

Bearish GBP scenarios: 1) Rate hikes are delayed until much later in 2018 as core CPI continues to moderate and wages remain sticky below 3%; 2) The UK and EU fail to agree on the Irish border, leading to a...

FxWirePro: Can BoE act at monetary policy meeting amid bearish sterling sentiments? Uphold short hedges

Jun 20, 2018 08:25 am UTC| Research & Analysis Central Banks

Bearish GBP scenarios: 1) Rate hikes are delayed until much later in 2018 as core CPI continues to moderate and wages remain sticky below 3%; 2) The UK and EU fail to agree on the Irish border, leading to a...

Most regional banks likely to tighten monetary policy to defend local currencies; BSP, BI to raise rates in June: Scotiabank

Jun 18, 2018 07:19 am UTC| Commentary Central Banks Economy

Most regional central banks are expected to tighten their monetary policy to defend local currencies. The central banks of Philippines and Indonesia could raise policy rates in June, followed by the BoK, RBI, BoT and CBC...

Most regional banks likely to tighten monetary policy to defend local currencies; BSP, BI to raise rates in June: Scotiabank

Jun 18, 2018 07:19 am UTC| Commentary Central Banks Economy

Most regional central banks are expected to tighten their monetary policy to defend local currencies. The central banks of Philippines and Indonesia could raise policy rates in June, followed by the BoK, RBI, BoT and CBC...

Fundamentals to watch out for this week

Jun 18, 2018 06:37 am UTC| Commentary Central Banks

In terms of volatility risks, this week is relatively quiet, however, there are several events one needs to keep a tab on. What to watch for over the coming days: Central Banks: Bank of England (BoE), and...