
FxWirePro: ECB Policy Meeting Preview, EUR/JPY OTC Outlook and Options Strategy
Jul 11, 2019 10:20 am UTC| Research & Analysis Central Banks
In theeuroarea, the ECB minutes from the June meeting are set to be released today. Policy meeting would be scoured for confirmation that officials are moving towards the further stimulus. TheECBpushed out its rates...
BOC monetary policy decision: Assessing future bias
Jul 11, 2019 08:46 am UTC| Commentary Central Banks
Bank of Canada (BOC) at yesterdays meeting kept policy rate unchanged at 175 bps. The central bank recently signaled pause after increased rates five times since 2017 of 25 bps each. The overnight lending rate is at 175...

FxWirePro: Can CAD Continue to Appreciate on BoC Today? Deploy Options Strips to Hedge GBP/CAD
Jul 10, 2019 09:41 am UTC| Research & Analysis Central Banks
The Bank of Canada will leave its key rate unchanged today. What will be more interesting, however, is whether it will comment on the level of the Canadian dollar - the top performer in the G10 universe this year. The...

Jul 09, 2019 14:56 pm UTC| Research & Analysis Central Banks
Following the news of CBT chief Murat Cetinkaya being removed by Presidential decree, yesterday we revised forecasts for the Turkish economy and the lira sharply lower. Analysts now foresee USDTRY at 7.75 by Q1 2020. There...
Bank Negara Malaysia keeps interest rate on hold, likely to stand pat through 2019
Jul 09, 2019 13:16 pm UTC| Commentary Central Banks
Bank Negara Malaysia today kept its Overnight Policy Rate on hold at 3 percent, as was widely expected. Mays rate cut was intended to preserve the degree of monetary accommodativeness in the midst of some signs of...
FxWirePro: CAD/JPY Options Strips Ahead of Canadian Data Announcements and BoC Monetary Policy
Jul 09, 2019 09:51 am UTC| Research & Analysis Central Banks
The CAD is quietly consolidating within an incredibly tight range and trading just below last weeks 2019 high. Fundamentals remain supportive and the CAD continues to trade well below our estimated equilibrium based on...
FxWirePro: Take a tour on ECB rhetoric, QE-driven portfolio and bullish hedges
Jul 08, 2019 14:07 pm UTC| Research & Analysis Central Banks
The more conciliatory overtones from G20 on trade resolution are welcome but are unlikely to immediately arrest the slump in global manufacturing. Uncertainty and delayed investment are headwinds. TheECBwill have to...