FxWirePro: BRL FX-Hedging Costs Eye on BCB Cuts
Jul 26, 2019 12:08 pm UTC| Research & Analysis Central Banks
The usual impression is that the exhaustive situation one can find when you look at the latest development of the BRL. For some time USDBRL remained below the psychological level of 4.00, despite the political chaos of the...

Jul 26, 2019 09:10 am UTC| Research & Analysis Central Banks
ECB has continued to maintain status quo in its yesterdays monetary policy. The European central bank is no longer as passive about the economy and lack of progress on inflation as it was before Draghis activist Sintra...
FxWirePro: Three stimulants that drive euro amid struggling eurozone and bearish trading setup
Jul 26, 2019 07:59 am UTC| Research & Analysis Central Banks
There are predominantly three factors we would cite as having helped EUR cope with the regions limp economy thus far: 1) The currency is structurally undervalued, meaning there is already a decent risk premium for the...
Central Bank of Turkey cuts key interest rate to 19.75 pct
Jul 25, 2019 19:39 pm UTC| Commentary Central Banks
The Central Bank of Turkey cut its one-week repo rate to 19.75 percent from 24 percent, as was widely anticipated. Todays rate cut of 425 basis points was dovish on the surface, as was also indicated by the Turkish lira...

FxWirePro: Delta-Hedged Call Spreads to Arrest USD/MXN Risks on Speculative Rate Cut Hopes
Jul 25, 2019 12:48 pm UTC| Research & Analysis Central Banks
Speculations about early rate cuts in Mexico are increasing: As price data published yesterday showed, inflation continues to decline. In early July it fell to the lowest level in the past two years. That puts inflation at...

FxWirePro: Retail sentiment points to downside ahead of ECB
Jul 25, 2019 10:55 am UTC| Commentary Central Banks
For the euro traders, the focus is on the European Central Banks (ECB) policy announcement, as the central bank is widely expected to follow the U.S. Federal Reserve in signaling policy easing in the coming meetings. In...
FxWirePro: ECB monetary policy preview
Jul 25, 2019 10:05 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by a press conference at 12:30 GMT. The meeting is to be held at the ECB headquarter in...