FxWirePro: CNH vols seems rich but risk reversal hedges cheap – USD/CNH seagull for hedging
Sep 21, 2016 10:23 am UTC| Central Banks Insights & Views
USDCNH continues to be a favored strategic vol short that we are willing to hold through event risks this month. The rationale for the trade has not changed since initiation faith in the PBoC to engineer orderly, low...
RBNZ likely to stand pat on policy today
Sep 21, 2016 09:59 am UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT. Over the past year or so, RBNZ has reduced rates from 3.5 percent to 2 percent, which is an all-time low, however, the bank is...
Central Bank of Turkey likely to lower overnight lending rate by 25bps
Sep 21, 2016 09:03 am UTC| Commentary Central Banks
The Central Bank of Turkey is likely to lower its overnight lending rate during its meeting tomorrow. According to a Commerzbank research note, the CBT might cut the interest rate by 25 basis points. However, other policy...
What to watch from FOMC meet ahead?
Sep 21, 2016 08:33 am UTC| Commentary Central Banks
We expect a great deal of debate among FOMC policymakers over the path of thehikes as well as whether to go for a hike at this meeting or not. Since the last meeting in July, several policymakers openly called for afaster...

Sep 21, 2016 08:19 am UTC| Central Banks Research & Analysis
1W and 1M ATM IVs of GBPJPY are rising in OTC markets, flashing a tad below 13% and 12.29% respectively on the BoJs monetary policy. 1w IV skews are equally interested in both OTM calls and OTM puts, while 1m skews...

Sep 21, 2016 07:42 am UTC| Central Banks Research & Analysis
The yen is pressurized against the US dollar, the pair spiked to the highs of 102.784, settled to trade at 102.040 levels currently, trimming its advance this year to about 17 percent. While GBPJPY is no exception, has...
FxWirePro: How to trade Yen after BoJ policy?
Sep 21, 2016 07:37 am UTC| Commentary Central Banks
The Bank of Japan (BoJ) launched very ambitious policy tweaks todaywhile keeping the interest rates and purchase target at the same level. For the first time, in its history and among the history of its peers, the BoJ has...