Bank of Canada keeps key interest rate unchanged at 0.25 pct
Jun 03, 2020 16:58 pm UTC| Commentary Central Banks
The Bank of Canada maintained its policy rate at 0.25 percent today. It repeated in its opening statement that this is the effective lower bound for the policy rate. The central bank also maintained its asset purchase...

FxWirePro: A Run Through On EUR/CHF Short Trades Ahead of ECB
Jun 03, 2020 12:10 pm UTC| Research & Analysis Central Banks Insights & Views
The central banks continued to create new money; theECBremained intent on soaking up steady amounts of European debt. Ahead of tomorrows ECB policy announcement, when news on the PEPP purchase programme is widely expected,...

FxWirePro: GBP/CAD Bullish/Bearish Scenarios, OTC Updates And Hedging Vehicles Ahead of BoC
Jun 03, 2020 09:20 am UTC| Research & Analysis Central Banks Insights & Views
Another month into the Covid-19 lockdown and it seems to us to that GBP is in a rather more vulnerable position than was the case a month ago. On the flip side, CAD has not even outperformed the reserve bloc is...

Jun 02, 2020 11:41 am UTC| Research & Analysis Central Banks Insights & Views
ECB is scheduled for their monetary policy this week,with the EURUSD continuing to stand above 1.11 ahead of ThursdaysECBmonetary policy meeting, theEuropean central bankis all set to publish details on the allocation of...

Jun 02, 2020 08:59 am UTC| Research & Analysis Central Banks Insights & Views
The recent euro stability belies in its structural vulnerability to more debt less growth,EUR, against majors, is uniquely susceptibility to a sharp increase in public sector debt levels due to the uneven debt burden...

FxWirePro: Snippets of AUD Forecasts And Its Driving Forces Ahead of RBA
Jun 01, 2020 10:24 am UTC| Research & Analysis Central Banks Insights & Views
AUD has been the standout performer within G10 (refer 1stchart). Most of this rally occurred during April, and since then AUD has traded a very tight range (0.6370-0.6530). One new development for AUD has been an...

FxWirePro: AUD/USD Whatif Scenario Analysis, OTC Indications And Options Strategy Ahead of RBA
Jun 01, 2020 08:50 am UTC| Research & Analysis Central Banks Insights & Views
Although Aussie dollar has potential to break above 0.6762 levels, supported by improving global sentiment. but in coming weeks the reality of a tepid global recovery in H220 and woeful earnings reports are likely to chip...