FxWirePro: Snippets of fundamental drivers weighing EUR/GBP call spread

Oct 26, 2017 07:19 am UTC| Research & Analysis Central Banks Insights & Views

EUR strength has roughly evenly been balanced. EUR benefitted from strong sentiment indicators as well as speculation that the ECB would surprise on the hawkish side, after all, tomorrow (refer option pricing in O/N ECB...

Bank of Canada maintains key interest rate at 1 pct

Oct 25, 2017 19:36 pm UTC| Commentary Central Banks

The Bank of Canada kept its main monetary policy interest rate on hold at 1 percent today, as was widely anticipated. The central bank released its Monetary Policy Report in which the growth outlook was slightly upgraded....

FxWirePro: CAD IVs blow BoC out of the proportion, far month tenors reasonable on NAFTA and FED

Oct 25, 2017 12:32 pm UTC| Central Banks Research & Analysis Insights & Views

It is reckoned that the USDCAD IVs seem to be blowing out of the proportion ahead of BoCs monetary policy which is likely to maintain status quo on its O/N rate in our opinion. But, Fed during Christmas will have more...

Bank of Canada monetary policy preview

Oct 25, 2017 12:32 pm UTC| Commentary Central Banks

Today Bank of Canada (BoC) is to provide further guidance in policy meet. The result of the monetary policy meeting is scheduled to be announced at 14:00 GMT, followed by a press conference with the governor at 15:15...

FxWirePro: EUR/USD OTC bids for bullish risks ahead of ECB, Stay hedged using 2m ATMs in call spreads

Oct 25, 2017 07:00 am UTC| Research & Analysis Central Banks Insights & Views

The EURUSD exchange rate was moving in a tight trading range yesterday. However, this was less due to the fact that there was a lack of momentum but the fact that USD strength and EUR strength were roughly evenly balanced....

Hungarian central bank stands pat, expects economy to grow 3.6 pct in 2017

Oct 24, 2017 17:18 pm UTC| Commentary Central Banks

The Hungarian central bank kept its interest rates on hold at record low levels today. The base rate and overnight lending rates remained unchanged. According to the MPCs assessment, the Hungarian economic growth is...

FxWirePro: Bullion price sentiments caught between dual risks, aggressive bears and put writers in ‘CPS’ cautious at drop of a hat

Oct 24, 2017 13:40 pm UTC| Research & Analysis Central Banks

A possible bottoming out in inflation and the Fed repricing of a December hike are outright bearish and gold should rebase lower. To this end, the median Fed participant continues to look for one more hike this year, and...