
Aug 02, 2016 09:24 am UTC| Central Banks Insights & Views
Before we begin, lets recall as to how the Bank of England confused the markets in previous MPS. There was awidespread surprise when the MPC chose to leave rates unchanged at the 14 July meeting. But we needed wait no...

Aug 02, 2016 07:38 am UTC| Insights & Views Central Banks
Needless to specify, GBP vols have still been flying with sky rocketed pace no matter what both prior and post-Brexit events, but this time these IVs are also owing to BOEs monetary policy decision, however, the contracts...

Australian bonds continue to rally after RBA cuts interest rate to new record low
Aug 02, 2016 05:48 am UTC| Commentary Central Banks
The Australian government bonds continued to rally on Tuesday after the Reserve Bank of Australia lowered its key interest rate by 25 basis points for the first time in last three months to a new record low of 1.50...
RBA likely to cut rates by 25bps to 1.50pct, AUD/USD could fall in reaction
Aug 02, 2016 00:13 am UTC| Central Banks
Weak Q2 CPI data dampen confidence AUD/USD may fallto 100-day MA at 0.7490 in knee-jerk reaction, then rally back towards 0.7560 If RBA remains on hold, AUD/USD likely to push above 0.7600 and test resistance at...

FxWirePro: ECB and Fed condense FX OTC operations - Trading EUR/USD iron Condors in jerking IVs
Aug 01, 2016 13:12 pm UTC| Insights & Views Central Banks
After the initial plunge after the referendum, EURUSD has traded sideways in a relatively wide interval between 1.095 and 1.115. - FOMC sidelined for now. Data has picked up, and labour market more solid than May-numbers...

Aug 01, 2016 13:08 pm UTC| Insights & Views Central Banks
GBPAUD is an interesting pair to be closely watched and traded among G10 currency space ahead of monetary policy actions in both the continents (RBA and BOE). BoE on Thursday will be the key, with the inflation report...

Chart of the Day: Hike probability reaches certainty
Aug 01, 2016 13:03 pm UTC| Commentary Central Banks
This chart from Bloomberg business shows that the rate cut expectations/probability from the Bank of England (BoE) has reached 100 percent, meaning that the market is certain of a rate cut this week. This means that a rate...