Nov 29, 2016 12:47 pm UTC| Central Banks Commentary
After the mini-devaluation in August 2015, the PBoC begam to allow the renminbi to move quicker in the direction of market forces, but it has been able to control the speed of convergence by FX interventions and capital...
Nov 29, 2016 12:37 pm UTC| Central Banks Research & Analysis
Exactly ayear ago, USDCNY was trading at 6.3180 (Nov2015) thats when (November/January 2015) the pair saw a sharp fall by the Yuan, but since April, the tactic has shifted to a slower move that has ruffled remarkably few...

MXN to remain under pressure, another 50bp rate hike from Banxico likely in December
Nov 29, 2016 11:05 am UTC| Insights & Views Economy Central Banks
As large MXN sell-off following the U.S. Presidential Elections fueled inflation fears, Banxico raised its overnight rate by 50bps to 5.25 percent in line with market expectations at its November 18th policy meeting. In...

Nov 29, 2016 08:50 am UTC| Research & Analysis Central Banks
Please be noted that the priceof precious yellow metal has always been US rates sensitive commodity. And Fed is most likely to hike in this December meeting. The gold price is down over 14% from the recent highs of...
FxWirePro: The Day Ahead- 29th November, 2016
Nov 29, 2016 05:11 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: Import price index for October will be released at 7:00 GMT. HICP inflation...

Nov 28, 2016 13:11 pm UTC| Central Banks Research & Analysis
The US dollar index which measures the greenbacks strength against a trade-weighted basket of six major currencies was up about 0.08% at 101.56, while the FxWirePro Dollar Spot Index strengthened at 47 levels to signal...
BoE and ECB likely on different policy paths, upside risks to GBP/EUR ahead, says Lloyds Bank
Nov 28, 2016 12:38 pm UTC| Commentary Central Banks
Central banks in Europe might be on different policy paths. According to a Lloyds Bank research report, the Bank of England does not look likely to loosen monetary policy, whereas the European Central Bank is expected to...