Swedish Krona on fragile mode as Riksbank stares more on bonds than unchanged rate
Apr 29, 2015 11:15 am UTC| Insights & Views
The central bank remained firm on to expanding its government bond-buying programme for a second time with an eye towards keeping a lid on SEK appreciation by trying to stop Swedish yield differentials from widening...
Bullish on Euro over Yen as sluggish approach by BoJ on easing policy
Apr 29, 2015 09:19 am UTC| Insights & Views
USD/JPY sold off to match Mondays low of 118.78 and since then it has recovered to the 118.90 region as the market moves Fed rate lift-off to the distant horizon. As per our earlier commentary, we continue to believe that...
PBOC policy measures diappoints overseas traders
Apr 29, 2015 08:00 am UTC| Insights & Views
The PBoC set benchmark deposit rates for five different maturities: demand, 3-month, 6-month, 1-year, 2-year and 3-year. The ceiling to corresponding rates offered by banks to depositors was lifted from 1 time to 1.1 times...
Sterling seems stronger despite British polls, economic slowdown in Q1
Apr 29, 2015 07:55 am UTC| Insights & Views
We look ahead for GBP/INR to stay positive on the back of poll results put Britains ruling Conservatives six points ahead of the opposition Labour party in parliamentary elections.With the election just few days underway...
Arrest short term trading risk of USD/INR ahead of US Fed meet
Apr 29, 2015 07:50 am UTC| Insights & Views
USD/INR is most likely to trade on the negative note ahead of US FOMC meeting. Dollars weakness is predicted ahead of the U.S. Fed meeting. The rupee against dollar was showing strength on Tuesday after a weak U.S....
BoJ’s unchanged policy stance adds sliding force to Yen
Apr 28, 2015 13:22 pm UTC| Insights & Views
We anticipate an abrupt deceleration in May and negative inflation readings starting in either June or July until around November. Central banks Tankan report is likely to attach some pressure for further easing if...
Pound under accumulative pressure, hedge GBP exposures through 1Y forwards and straddles
Apr 28, 2015 12:08 pm UTC| Insights & Views
The latest slowdown in GDP numbers of UK has added more curiosities to the UK polls and has been a setback for David Cameron. The growth of 0.3 percent in last quarter is much lesser than the expectation as a result...