Fundamentals to watch out for this week
Nov 13, 2017 01:45 am UTC| Commentary Central Banks
This week is a relatively light with volatility risks, both in terms of data and events. What to watch for over the coming days: Central Banks: Outgoing Fed Chair Janet Yellen is slated to speak on a European...

FxWirePro: Glimpse through APAC central banks’ guidance and hedge AUD/NZD via options strips
Nov 10, 2017 08:12 am UTC| Research & Analysis Insights & Views Central Banks
The RBAs forecasts have been updated with the publication of the November Statement on Monetary Policy (SoMP). The growth outlook is little changed and the unemployment rate is expected to fall to 5¼% by Dec...
Riksbank meeting minutes indicate dovish stance, extension of QE program in December unlikely
Nov 09, 2017 20:13 pm UTC| Commentary Central Banks
The Riksbank October meeting minutes were released today. The minutes highlight that the central bank continues to be rather soft although an extension of the QE program in December now appears unlikely, noted Nordea Bank...
Bank Negara Malaysia keeps overnight policy rate on hold at 3 pct
Nov 09, 2017 14:49 pm UTC| Commentary Central Banks
The Malaysian central bank, Bank Negara Malaysia, stood pat today. The Overnight policy rate was kept on hold at 3 percent; however, the bank indicated that it will review the extent of accommodation required in the...
Philippine central bank keeps policy stance on hold, likely to hike rates in Q1 2018
Nov 09, 2017 13:26 pm UTC| Commentary Central Banks
The Philippine central bank, BSP, kept its policy stance unchanged today, as widely expected. The BSP maintained its interest rate corridor at 2.5 percent, 3 percent and 3.5 percent. The BSPs accommodative stance has kept...

FxWirePro: Short hedge for short-term USD/MXN traders as Banxico to line up with dovish league
Nov 09, 2017 13:18 pm UTC| Central Banks Research & Analysis Insights & Views Technicals
Tonight the Mexican central bank will leave its key rate unchanged at 7% once again. The fall in GDP in Q3 is due to the earthquake and tornados so that there is no reason for the central bank to react to the GDP data with...

FxWirePro: Hedge USD/MXN via 3-way straddle as monetary policy seems non-event for peso vols
Nov 09, 2017 13:15 pm UTC| Central Banks Research & Analysis Insights & Views
The Mexican central bank will likely leave its key rate unchanged at 7% once again, the meeting is unlikely to provide any surprises and should, therefore, be a non-event for the peso. Please be noted that the current...