FxWirePro: Aussie looks puzzled amid mixed bag of indicators ahead of Fed – Bid 3m AUD/USD OTC and deploy diagonal debit spread

Sep 18, 2019 09:21 am UTC| Research & Analysis Central Banks

The Aussie has been choppy this month ahead of Federal Reserves monetary policy that is scheduled for today, the consensus is 25 bps cut, absorbing mixed signals from US interest rate expectations and US-China trade...

FOMC likely to cut rates by 25bps this week, maintain easing bias: ANZ Research

Sep 18, 2019 07:37 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) is expected to cut rates by 25bps this week. It is also expected to maintain an easing bias and for many FOMC members to project three rate cuts for 2019, according to the latest...

FxWirePro: Bullish/Bearish Scenarios, OTC Updates of EURUSD and Hedging Perspectives Ahead of Fed

Sep 17, 2019 11:08 am UTC| Research & Analysis Central Banks

Bearish EURUSD Scenarios: 1) ECB tweaks tiering details. 2) Trump proceeds with tariffs on Euro car imports. 3) A no-deal Brexit. 4) The re-escalation of risk in Italian politics. 5) The US cyclical...

FxWirePro: USD/TRY Extends Upside Traction on Turkish Central Bank’s Rate Cut Again – Uphold Debit Call Spreads Bidding

Sep 16, 2019 10:50 am UTC| Research & Analysis Central Banks

The Central Bank of Turkey lowered its one-week repo auction rate by 325bps to 16.50 percent during its September meeting, following 425bps in July as the inflation outlook continues to improve amid a moderate recovery in...

FxWirePro: Uphold GBP/USD Bear Put Spread as BoE to Stay Pat on Unsettled Brexit

Sep 16, 2019 09:33 am UTC| Research & Analysis Central Banks

The BoE announcement is due at 13:00 CET on Thursday, 19 September, along with the minutes from the meeting.No new signals as long as Brexit is unclarified. The cyclical macro picture has continued to soften,...

BoJ remains under pressure to ease policy, achieving inflation goal likely to become even more elusive: ANZ Research

Sep 16, 2019 07:21 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) remains under pressure to ease monetary policy as: inflation remains far from its goal; its major peers are easing; and its current policy framework lacks efficacy, according to the latest report...

FxWirePro: The Key Driving Forces of USD/JPY, OTC Updates and Hedging Perspectives Ahead of Fed and BoJ

Sep 13, 2019 08:27 am UTC| Research & Analysis Central Banks

Next week we have acouple of central banks lined up for the data events, Fed, BoE, SNB, BoJ and Norges Bank scheduled for their respective monetary policy meetings. For now, though, USD remains under pressure with EUR and...