FX Hedging Strategy Series

FxWirePro: Stay hedged in GBP/CHF via PRBS to reduce hedging cost on monetary policy risks between UK and Swiss central banks

Feb 04, 2016 13:54 pm UTC| Technicals Central Banks

The Bank of England has upheld its monetary policy stance unchanged, standing pat on the official Bank Rate at 0.5% and the APF at 375bn. More importantly, the split of the vote for the bank rate decision has changed.As...

Ian McCafferty: twice hawk, twice fail

Feb 04, 2016 12:26 pm UTC| Commentary Central Banks

Bank of Englands (BOE), only vocal hawk disappeared today again. Ian McCafferty dropped his call for immediate rate hike and Bank of Englands Monetary Policy Committee (MPC) is united again in their vote. 9-0 in favor of...

Fed Hike Aftermath Series

FED watch: Watch out for Loretta Mester tonight

Feb 04, 2016 11:10 am UTC| Commentary Central Banks

After New York FED president jolted markets, especially Dollar last night, watch out for speech from Cleveland FED President Loretta J. Mester tonight. Last night William Dudleys comments that financial conditions have...

Currency War Series

Another Super Thursday from BOE

Feb 04, 2016 11:09 am UTC| Commentary Central Banks

BOE super Thursday is back. Thanks to Bank of Englands (BOE), mega releases and events. Today, Bank of England (BOE) will announce its regular monetary policy along with minutes. What make today special is quarterly...

FxWirePro: aussie turns higher, RBA monetary policy in focus

Feb 04, 2016 09:34 am UTC| Technicals Central Banks

The Aussie continued to add further gains and made new intraday high at $0.7218 levels. Pair is currently trading at $0.7207 levels, made intraday low at $0.7153 levels. On the other side, heavy USD sell-off...

Currency War Series

Bank of Mexico likely to keep rate unchanged today over Fed’s recent dovish statement

Feb 04, 2016 06:47 am UTC| Commentary Central Banks

The Bank of Mexico is expected to keep its overnight rate on hold at 3.25% today, mainly in the context of Feds dovish statement recently. However, the central banks decision to maintain rates will not be simple. The...

China Crisis Series

Moody's: PBOC's further easing of down-payments is credit positive for Chinese property developers

Feb 04, 2016 02:20 am UTC| Research & Analysis Central Banks

Moodys Investors Services says that the new down-payment requirements for first and second home owners in China (Aa3 stable) are credit positive for the countrys developers because they will support demand for properties...