Reserve Bank of Indian keeps key interest rate on hold, cuts FY20 GDP forecast sharply
Dec 05, 2019 12:03 pm UTC| Commentary Central Banks
The Reserve Bank of India kept the policy repo rate on hold today, an unexpected unanimous decision after five straight rate cuts in 2019. The decision was based on the recent rise in inflation as well as the prospects...
Dec 05, 2019 11:21 am UTC| Research & Analysis Central Banks Digital Currency Insights & Views
From the recent past, there were hush-hush talks that a top Fed official has mentioned that the US Central Bank ispondering over the ideaof a digital dollar, while Democratic and Republican members of Congress communicated...
Bank of Canada keeps policy rate on hold
Dec 04, 2019 16:37 pm UTC| Commentary Central Banks
The Bank of Canada kept its policy rate on hold at 1.75 percent today, as expected. The policy statement of BoC noted that its global outlook stays intact, but further expounded on the rebound in financial market...

FxWirePro: CAD/JPY Outlook, OTC Updates and Options Strategy Ahead of BoC
Dec 04, 2019 10:47 am UTC| Research & Analysis Central Banks
The Bank of Canada (BoC) had already sounded more cautious in October. It expects that the resilience of the economy will be tested in view of the uncertainties and slightly lowered its growth forecasts for 2020 and 2021....
FxWirePro: Trades Perspectives of Aussie Crosses Ahead of RBA
Dec 03, 2019 10:08 am UTC| Research & Analysis Central Banks
This weeks major events areRBA and BoCs monetary policies. RBA policy decisionis universally expected to be on hold as the Board continues to monitor the impact of the previous three rate cuts on the economy. Q3balance of...

FxWirePro: Aussie Hedging Perspectives Amid Bolstering Global Risk Appetite
Dec 02, 2019 07:43 am UTC| Research & Analysis Central Banks
We expect two further RBA rate cuts, in February and again by June, taking the cash target to 0.25%, followed by a small but open-ended ACGB purchase program. AUDUSD has been sliding with an intensified selling momentum...
Now we know. The Reserve Bank has spelled out what it will do when rates approach zero
Nov 27, 2019 12:30 pm UTC| Insights & Views Central Banks
Last night, in a much anticipated speech broadcast live on the Reserve Banks website, Governor Phil Lowe laid out in very clear terms the circumstances in which the bank would resort to quantitative easing and the way in...