NBH remains on hold; EUR/HUF likely to rise during H1 2017, says Commerzbank

Nov 23, 2016 09:07 am UTC| Commentary Central Banks

The National Bank of Hungary (NBH) maintained its interest rate unchanged at the monetary policy meeting held Tuesday, while implementing subsidiary channels of easing. However, the outcome failed to create any...

Central Banking Series

Malaysian central bank maintains overnight policy rate at 3 pct

Nov 23, 2016 08:58 am UTC| Commentary Central Banks

As widely expected, the Malaysian central bank, BNM, kept its overnight policy rate on hold at 3 percent during its meeting today, with economic conditions evolving consistent with their projections. There has been an...

Central Banking Series

BoJ likely to intervene again in fixed income market if yields rise following U.S. Treasuries

Nov 23, 2016 07:02 am UTC| Commentary Insights & Views Central Banks Economy

The Bank of Japan is highly expected to intervene in the fixed income market once again by buying unlimited bonds at fixed price if yields increase above the Bank of Japans target level of zero percent following surge in...

FxWirePro: The Day Ahead- 23rd November, 2016

Nov 23, 2016 06:29 am UTC| Commentary Central Banks Economy

Lots of economic dockets and events scheduled for today and some with high risks associated. Data released so far: Australia: Construction work done declined by 4.9 percent in the third quarter. China: MNI...

Central Banking Series

Central Banking Series

Central Banking Series

Malaysian central bank likely to stand pat

Nov 23, 2016 05:02 am UTC| Commentary Central Banks

The Malaysian central bank, BNM, is likely to keep its overnight policy rate on hold at 3 percent during its meeting today, noted Scotiabank in a research report. This likely move will be amidst market unrest in order to...

Central Banking Series

Central Banking Series

Central Banking Series

Swiss National Bank to remain active on FX market to prevent CHF from appreciating against EUR

Nov 22, 2016 08:53 am UTC| Commentary Economy Central Banks

In early 2015, the Swiss economy coped up quite well with the end of the EUR/CHF minimum exchange rate. In the second quarter of this year, the Swiss economy registered an impressive growth of 0.6 percent in sequential...

FX Hedging Strategy Series

FxWirePro: Is USD/JPY vols underperforming, shorting gamma a wise choice? - Low-touches to replace vanilla options - Uphold long term implieds

Nov 22, 2016 07:27 am UTC| Central Banks Commentary

Sub-1Y USDJPY vol to underperform, but long-end (3Y-5Y) in play on higher rates: Yen vols were a marked outperformer this year as USDJPY shed nearly 17% peak-to-trough, but this is likely to change going forward under...