FxWirePro: Data Streaks Weigh on Euro - Spotlight on Eurozone PMIs and Hedging Possibilities

Oct 24, 2019 06:34 am UTC| Research & Analysis Central Banks

EURUSD has been spiking from the recent lows of 1.0879 to the current 1.1133 levels, but the interim rallies seem to have been exhausted from the last 3-4 days upon overbought sentiments. Data-wise, the preliminary PMIs...

FxWirePro: Euro-bloc OTC Updates and Hedging Ideas Ahead of ECB

Oct 23, 2019 13:24 pm UTC| Research & Analysis Central Banks

EURUSD.Strong forward guidance from the ECB should give some counterweight to a continuation of the Fed rate cuts in the short-term. Eventually, we believe the Fed will get ahead of the curve and push EURUSD higher. We...

FxWirePro: Bullish/Bearish Scenarios of EUR/JPY – OTC Updates and Hedging Strategies Ahead of ECB

Oct 23, 2019 10:13 am UTC| Research & Analysis Central Banks

Bullish EURJPY Scenarios: 1) Euro area economy regains to a sustained 1.5%+ growth rate. 2) A US-China peace treaty on trade. 3) 3) A re-acceleration of CB demand for EUR. 4) The momentum in JPY selling flows...

Fed remains on track to deliver more monetary easing measures, to undermine dollar in medium term: Scotiabank

Oct 23, 2019 07:43 am UTC| Commentary Central Banks Economy

The Federal Reserve remains on track to deliver more monetary easing measures that would undermine the dollar in the medium term, according to the latest research report from Scotiabank. The Feds dovish tone and falling...

FxWirePro: Euro Awaits ECB’s Approach – Options Straps To Hedge EUR/AUD

Oct 22, 2019 10:31 am UTC| Research & Analysis Central Banks

Todays most notable economic data from the euro area will come from the ECB, as it publishes the results of its latest Bank Lending Survey. These might be watched to judge any change in attitude at the regions banks in the...

BI likely to lower policy rate by 25bp to support growth amid increasingly fragile global economy, says Scotiabank

Oct 21, 2019 06:51 am UTC| Commentary Central Banks Economy

Bank Indonesia is expected to lower its benchmark policy rate by 25bp to 5.00 percent at its upcoming monetary policy meeting on next Thursday afternoon to support growth amid an increasingly fragile global economy, with...

Norges Bank’s upcoming policy meeting likely to be uneventful, says Danske Bank

Oct 17, 2019 09:42 am UTC| Commentary Central Banks Economy

The Norges Bank is expected to keep policy rates on hold for an extended period, thereby signalling the intermediate rate meeting on October 24 to be clearly be uneventful, according to the latest research report from...