Riksbank keeps monetary policy unchanged in September, likely to hike first in October 2018
Sep 07, 2017 18:34 pm UTC| Commentary Central Banks
The Swedish central bank, Riksbank, kept its monetary policy on hold. This signifies that the repo rate remains at -0.50 percent and that the QE program is planned to run throughout this year. Also, the repo rate path was...
Bank Negara Malaysia keeps interest rate on hold, unlikely to change policy settings in 2017
Sep 07, 2017 17:57 pm UTC| Commentary Central Banks
Malaysian central bank, Bank Negara Malaysia, kept its key interest rate on hold on Thursday. The Overnight Policy Rate was kept unchanged at 3 percent. The central bank, in its policy statement, highlighted on the...
ECB keeps monetary policy on hold, decision on changes to policy likely to be made in October
Sep 07, 2017 16:24 pm UTC| Commentary Central Banks
As widely expected, the European Central Bank kept its monetary policy on hold during its meeting today, leaving interest rate on its refinancing operations, marginal lending facility, and its deposit facility on hold at 0...
FxWirePro: Stay short in GBP/SEK with ideal risk-reward profiling on cautious Riksbank
Sep 07, 2017 12:27 pm UTC| Central Banks Research & Analysis Insights & Views
The Riksbank remains cautious. It is still saying nothing about the end of the government bond purchasing programme at the end of the year and does not envisage a rate hike before mid-2018. Consequently, the interest...

FxWirePro: Hype or fact? Euro gains upside traction in spot and OTC markets ahead of ECB
Sep 07, 2017 10:34 am UTC| Central Banks Research & Analysis Insights & Views
We head into the ECB with prices still within 1.1820 support and the 1.1980 reactions high from last week, currently, gaining upside traction with prevailing spot price at 1.1976 levels. We consider that the 1.20-1.23 area...
FxWirePro: What to expect from ECB ahead?
Sep 07, 2017 09:00 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by a press conference at 12:30 GMT. The meeting is to be held in Frankfurt, Germany. Current...

Sep 07, 2017 07:45 am UTC| Central Banks Research & Analysis Insights & Views
The Bank of Canada today hiked its interest rate by 25 bp to 1.00%. This took the market by surprise CAD rallied sharply with USDCAD falling below 1.22. Since May, CAD has appreciated by more than 12% against USD. We fear...