Regulatory Series on Cryptocurrencies: BoK’s Intentions of Digital Won Depends on Pilot-Testing
Apr 07, 2020 08:49 am UTC| Research & Analysis Digital Currency Central Banks Insights & Views
South Koreas central bank (Bank of Korea) has been functioning to design and develop a state-backed digital currency although no such intentions are aggressively put forth for an immediate release just yet. Bank of...

FxWirePro: Are Banxico Rate Cuts On Cards? Uphold USD/MXN Debit Call Spreads
Apr 06, 2020 14:18 pm UTC| Research & Analysis Central Banks
The Mexican central banks (Banxico) meeting minutes give the impression that massive rate cuts in support of the economy are rather unlikely. Even though the central bank cut its key rate by 50bp to 6.5% on 20thMarch, one...

FxWirePro: Are Low VIX Amid Covid-19 Conducive For Hedging Options?
Mar 31, 2020 11:52 am UTC| Research & Analysis Central Banks
Entire global market is halted owing to the pandemic Covid-19, having total reported death cases exceeds across the globe with US, Italy and Spain surpassed Chinese numbers due to the deadly contagious coronavirus, almost...
FxWirePro: Chinese Currency Looks Stronger Against Euro And Weaker Against Aussie Dollar
Mar 23, 2020 14:57 pm UTC| Research & Analysis Central Banks
The Chinese central bank gave a rare comment on a specific level of USDCNY over the past weekend, which seems to suggest that the Chinese authorities intend to stabilize the market sentiment against the backdrop of a...
FxWirePro: CBR Maintains Status-Quo Monetary Policy – Uphold Delta-Hedged USD/RUB Ratio Call Spread
Mar 20, 2020 15:53 pm UTC| Research & Analysis Central Banks Insights & Views
CBR held a rate meeting today: Russian central bank maintained its benchmark interest rate at 6 percent during its March meeting, saying the rubles depreciation is a momentary pro-inflationary factor that might prompt...

FxWirePro: Spotlight On BoE’s Easing Measures And Sterling’s OTC Outlook & Hedging Strategy
Mar 20, 2020 08:59 am UTC| Research & Analysis Central Banks
In addition to the package of measures announced at last weeks unscheduled policy meeting, the Bank of Englands Monetary Policy Committee has sanctioned further easing measures at an emergency meeting. These...

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge
Mar 18, 2020 17:33 pm UTC| Research & Analysis Economy Central Banks Insights & Views
Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...