RBNZ Monetary Policy: Assessing future bias

Sep 22, 2016 09:04 am UTC| Commentary Central Banks

Reserve bank of New Zealand (RBNZ) kept the policy rate at 2 percent in last nights meeting and the New Zealand dollar didnt move much as the move was widely expected. Lets see in the monetary policy, how the bias...

Norges Bank leaves policy rate unchanged, removes easing bias

Sep 22, 2016 09:01 am UTC| Commentary Central Banks

As widely anticipated, the Norwegian central bank, Norges Bank, left the key policy rate unchanged at 0.50 during its policy review meeting today. The Norges Bank lifted the interest rate path considerably and removed its...

Bank Indonesia targets prevention of excess IDR volatility; FX reserves rise in August

Sep 22, 2016 07:44 am UTC| Commentary Economy Central Banks

Indonesias foreign reserves rose during the month of August; however, this is hardly surprising given that foreign inflows into equities and Indonesian government bonds amounted to USD 10 billion in the same period. In...

BoJ yield curve control: Is this the way out?

Sep 22, 2016 07:44 am UTC| Commentary Central Banks

Yesterday, The Bank of Japan (BoJ) introduced a very complex instrument, qualitative and quantitative easing with yield curve control (QQE-YCC). Many financial market practitioners including the investment bank Goldman...

FX Hedging Strategy Series

FxWirePro: Fed on mute, BoK threats easing, RBI on smooth transition - Uphold INR/KRW NDF carry trades

Sep 22, 2016 07:42 am UTC| Central Banks Research & Analysis

Any slump lower in USDKRW might be drifting out of steam as the pair is the1102-1140 range that has provided support in the recent past. The price has been oscillating between this rangeand the expectations for further...

FxWirePro: Sentiments shift lures USD/TWD longs on attractive carry and China exposure

Sep 22, 2016 07:19 am UTC| Central Banks Insights & Views

Taiwanese currency appears to be rate sensitive: The sentiment toward EM currencies could be in the process of shifting and we prefer to focus on regional low yielders in expressing a bullish dollar view. The slew of...

Norges Bank likely to hold fire, recent economic data suggests recovering economy

Sep 22, 2016 06:55 am UTC| Commentary Central Banks Economy

The central bank of Norway is expected to remain on hold at 0.50 percent at its monetary policy meeting scheduled to be held today, as the recent print of a series of economic data suggest that the economy is recovering...