FxWirePro: NZD sinks on RBNZ’s surprising status quo – Optimize EUR/NZD long hedges capitalizing on dips

Mar 27, 2019 10:19 am UTC| Research & Analysis Central Banks

Both minor and major trends ofEURNZDhas been in bullish amid mild hiccups in the interim trend,the pair has vigorously extended its upside potential beyond 1.6714 levels after surpassing 1.6546 levels on RBNZs monetary...

Major central banks unlikely to adopt rate hikes, market rates could drop further in short to medium-term: Nordea Research

Mar 27, 2019 09:36 am UTC| Commentary Central Banks Economy

Major central banks are not expected to adopt any rate hikes in the near-term and market rates could drop further in the short to medium-term if negative equity view plays out as expected. There still exists a large risk...

FxWirePro: RBNZ leaves Kiwis vulnerable, EUR/NZD stern bullish engulfing wipes-off bears - Trade double touch calls and uphold long hedge

Mar 27, 2019 06:22 am UTC| Technicals Central Banks

Both minor and major trends ofEURNZDhas been in bullish amid mild hiccups in the interim trend, the pair has formed symmetric triangle pattern with stern bullish candle today at triangle baseline which is most likely to...

FxWirePro: RBNZ to maintain neutral stance

Mar 26, 2019 15:24 pm UTC| Commentary Central Banks

Tomorrow morning Reserve Bank of New Zealand (RBNZ) will announce its monetary policy at 1:00 GMT, followed by a press conference at 2:00 GMT. Over the past 4 years or so, RBNZ has reduced rates from 3.5 percent to 1.75...

FxWirePro: ‘Diagonal Put Spreads’ to hedge NZD/JPY ahead of RBNZ

Mar 26, 2019 07:17 am UTC| Research & Analysis Central Banks

RBNZ is all set for its monetary policy this week for OCR review that may disappoint NZD-bears. On a broader perspective, OCR reviews that are scheduled on this Wednesday, which may disappoint NZD bears with unchanged...

FxWirePro: Spotlight on OCR review - Short set-ups for NZD crosses ahead of RBNZ

Mar 25, 2019 10:37 am UTC| Research & Analysis Central Banks

RBNZs on the focus:NZDUSD long-held bearish outlook is still imminent, targeting below 0.66 levels by Q32019. That outlook is mostly driven by the expectations that the US dollar will resume its rise if the US economy...

Fed Hike aftermath Series: Hike probabilities over coming meetings

Mar 25, 2019 10:07 am UTC| Commentary Central Banks

FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 25th...