ECB Monetary Policy: No more rate cuts as reference to further cuts stopped
Jun 08, 2017 12:16 pm UTC| Commentary Central Banks
The European Central Bank (ECB) kept monetary policy unchanged at its todays meeting in Estonia. More importantly, it has removed a reference to further rate cuts. While the central bank kept its deposit rate at the record...

FxWirePro: Stay short AUD vs EUR, CHF, and long CHF vs USD ahead of SNB’s monetary policy
Jun 08, 2017 12:10 pm UTC| Central Banks Insights & Views
The RBA outlook (on hold for some time) is anchoring front end valuations. We expect 3yr swap rates to remain in a 1.8% to 2.3% range, with core inflation still below 2%. While AUD money markets rates have rallied by...
FxWirePro: What to expect from ECB ahead?
Jun 08, 2017 10:59 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 the press conference at 12:30 GMT. The meeting is to be held in Tallinn,...
FxWirePro: What’s driving dovish tone in momentary policy season and tepid VXY?
Jun 08, 2017 09:45 am UTC| Central Banks Insights & Views
Even with two major central bank meetings in the coming two weeks, broad FX markets look likely to continue the drift into early summer markets. The weak payrolls report will reinforce expectations that Junes Fed hike will...
Jun 08, 2017 08:54 am UTC| Commentary Central Banks Economy
The Philippines central bank is expected to commence its tightening cycle in Q3 and raise its policy rate by a cumulative 50 basis points in 2017 and 75 basis points in 2018. The monthly contraction in utilities and...
FxWirePro: What’s cooking in Super Thursday? EUR gamma spreads and FVAs lure ahead of ECB
Jun 08, 2017 07:35 am UTC| Central Banks Insights & Views
Todays ECB meeting will almost certainly see the Council revise up its assessment of the growth outlook to broadly balanced in the light of recent favorable economic data. There is agreement on the market: the end of...
FxWirePro: The Day Ahead- 8th June 2017
Jun 08, 2017 05:13 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: Australia: Imports declined by 1 percent in April, while exports declined by 8...