FxWirePro: NAFTA remains lingering risks for loonie, crude prospects on the other corner but BoC’s monetary policy more decisive than everything

Jan 17, 2018 12:20 pm UTC| Research & Analysis Insights & Views Central Banks

The recent Canadian developments have reinforced dual perspectives on CAD prospects through 2018 that the resumption of gradual BoC normalization would drive outperformance vs lagging peers, but that NAFTA remains a...

FxWirePro: Tussle between US/Turkish and CBRT dovishness to fuel lira’s depreciation – Uphold USD/TRY delta calls of far-month

Jan 17, 2018 09:40 am UTC| Central Banks Research & Analysis Insights & Views

The CBRT rhetoric is refining and the lira is depreciating. Claims by Turkish President Recep Tayyip Erdogan that the US is establishing an army of terror on the border to Syria are fuelling concerns on the market that the...

FxWirePro: Why Scandis seem cheaper? Bid outright trades in H1’2018

Jan 17, 2018 09:10 am UTC| Research & Analysis Insights & Views Central Banks

The largest G10 movers since our last publication in October were GBP and EUR (outperformed) while the underperformers were CAD and Scandis (unchanged vs USD). The dollar has weakened broadly versus all G10 currencies...

BoK likely to maintain policy rate at 1.50 pct until May MPC meeting, says Scotiabank

Jan 17, 2018 07:28 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) is expected to maintain its policy rate at 1.50 percent on Thursday morning to seek a balance between the nations financial stability and economic growth. The central bank will not rush into a...

FxWirePro: Cognizance of driving forces and hedging frameworks of CAD/JPY

Jan 17, 2018 06:30 am UTC| Research & Analysis Central Banks

BoC is scheduled for monetary policy announcement (today). The Canadian economy has been able to grow considerably over the past quarters predominantly driven by an expansionary monetary and fiscal policy. It is projected...

FxWirePro: The Day Ahead- 17th January 2018

Jan 17, 2018 04:31 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: New Zealand: ANZ commodity price down 2.2 percent in December. Investment lending for...

FxWirePro: Can UK CPI open doors for speculators on BoE’s hiking cycle? GBP/AUD 3-way straddle does desired hedge, uphold position to keep further risks in check

Jan 16, 2018 08:38 am UTC| Research & Analysis Central Banks

Inflation in the UK is scheduled to be announced shortly, Sterling most likely to rise if upbeat UK CPI boosts BOE rate hike bets as DecembersUK CPIreport headlines the economic calendar in European trading hours...