Reasons galore that make RBA’s easing look essential

Jul 04, 2016 09:34 am UTC| Insights & Views Central Banks

We reckon the monetary policy divergence should be the major factor in the H2 of the year for a lower AUDUSD in thelong run and interim upswings in theshort run as the todays RBA cash rates likely to remain unchanged,...

How do sterling and euro look like in OTC after 1 week of Brexit referendum outcome? – UK bankers suffer from liquidity, Carney to unleash dilemma

Jul 04, 2016 08:16 am UTC| Insights & Views Central Banks

After UK decides to exit from EU, euros vulnerability against majors still looks intact, euro against dollar and yen has just shown a negligible recovery from the recent lows, but the commodity currencies, such as CAD and...

RBA likely to keep interest rate unchanged, expected to ease in Q3 2016

Jul 04, 2016 05:54 am UTC| Commentary Central Banks

The Reserve Bank of Australia is expected to remain on hold at its monetary policy meeting scheduled to be held on July 5, at 4:30 GM. The central bank is expected to leave the official cash rate at its record low of 1.75...

ECB prepares for greater asset purchases

Jul 01, 2016 13:52 pm UTC| Central Banks

The European Central Bank is considering the loosening of rules for its bond purchases as the bank is running out of debt to buy in the aftermath of the Brexit vote. Investors piled into the regions safest assets and...

FX Hedging Strategy Series

FxWirePro: Deploy AUD/CHF gamma instruments in diagonal option straps for both speculation and hedging

Jul 01, 2016 12:14 pm UTC| Research & Analysis Insights & Views Central Banks

The majority of central banks are happy with conventional measures such as that, but not the SNB. During the Brexit night, the Swiss National Bank intervened. After all, everyone is meant to realize that the Swiss...

Bank of Mexico hikes rates to support peso; likely to hike next in December

Jul 01, 2016 05:55 am UTC| Commentary Central Banks

The Bank of Mexico, on Thursday, raised the policy rate by 50 basis points to 4.25 percent in a bid to stop the depreciation of Mexican peso to spill over on inflation expectations. This was Banxicos first rate hike since...

China Crisis Series

PBoC keeps alive possibility of further easing if slowdown gathers pace

Jun 30, 2016 13:59 pm UTC| Commentary Central Banks

The Peoples Bank of China is willing to allow the yuan CNYUSD, -0.1385% to fall to 6.8 per U.S dollar in 2016, Reuters reported Thursday, citing policy sources. Chinas yuan sank to a six-month low against the dollar in...