Fed Hike aftermath Series: Key comments from Rosengren and dashboard update
May 11, 2017 11:16 am UTC| Commentary Central Banks
Boston Federal reserve President Eric Rosengren kept up his hawkish tone in terms of monetary policies, despite a slowdown in the job creation in the month of March and April. Speaking to central Vermont Chamber of...
Another ‘Super Thursday’ courtesy Bank of England
May 11, 2017 10:20 am UTC| Commentary Central Banks
Super Thursday is back. …………… thanks to Bank of Englands (BOE), mega releases and events. Today Bank of England (BOE) will announce its regular monetary policy along with minutes. What...
FxWirePro: “Here’s your Pink slip” - Trump’s firing to keep US economy and DXY’s triumph on check
May 11, 2017 09:43 am UTC| Central Banks Insights & Views
Yesterday, in true Apprentice style, US President Trump fired FBI Director James Comey, in unconventional and unconstitutional fashion. The move is not only going to drive calls for an independent investigation but is also...

May 11, 2017 09:38 am UTC| Central Banks Research & Analysis Insights & Views
The two main overnight movers were the NZD and the CAD. The NZD is under pressure on the back of dovish rhetoric from Governor Wheeler, while the CAD reversed its oil price following gains after Moodys downgraded several...
May 11, 2017 06:51 am UTC| Central Banks Research & Analysis Insights & Views
At its May interest rate review, the Reserve Bank of New Zealand kept the Official Cash Rate (OCR) on hold at 1.75%, as expected. However, the RBNZ also concluded that developments since the February Monetary Policy...

May 11, 2017 06:06 am UTC| Technicals Central Banks
In RBNZs MPS, OCR was kept on hold at 1.75%, with a stronger signal that the next move will be up. Following the announcement, the New Zealand dollar fell 110 basis points to the current 0.6830 and the two-year swap rate...
RBNZ monetary policy: Assessing future bias
May 11, 2017 05:26 am UTC| Commentary Central Banks
Reserve Bank of New Zealand (RBNZ) announced monetary policy last night and kept its key overnight cash rate unchanged at 1.75%. Lets look at the policy statement details to assess the bias According to RBNZ...