FxWirePro: Indian rupee gains both on technical and fundamental grounds – Stay short USD/INR

Mar 20, 2019 13:10 pm UTC| Research & Analysis Central Banks

USDINR has again slid below 68.75 marks withintraday bias remains bearish for the moment.We prefer to take a short position on both technical and fundamental grounds. Technically, the pair has formed the bearish...

Bank of Thailand keeps key policy rate on hold

Mar 20, 2019 12:43 pm UTC| Commentary Central Banks

The Bank of Thailand kept its key policy rate on hold at 1.75 percent today, as was anticipated. The decision to stand pat was unanimous, with all seven monetary policy committee members voting for a hold, compared to two...

FxWirePro: Brexit dust brings-in fresh bids for Sterling’s bearish risks – GBP/USD options strategy ahead of Fed and BoE

Mar 20, 2019 11:58 am UTC| Research & Analysis Central Banks

All eyes are curiously focused on the two events, FOMC monetary policy meeting which concludes later today with investors assigning no hike in this monetary policy, likely to remain on hold at 2.50%. However, rising signs...

FxWirePro: Mild shift in Aussie FX options markets’ sentiments – Unwise to jack-up call options

Mar 20, 2019 08:29 am UTC| Research & Analysis Central Banks

AUDUSD bears resume their business after brief rallies, broader downside risk outlook remains intact, one could foresee the next target up to 0.70 or even below those levels in near term. While the medium-term...

FxWirePro: The Day Ahead- 20th March 2019

Mar 20, 2019 04:02 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Upcoming: Germany: PPI inflation report will be released at 5:00 GMT. United Kingdom: CPI, PPI, RPI, and...

CBC likely to  leave its policy rate unchanged given benign inflation outlook, external uncertainties: Scotiabank

Mar 20, 2019 03:24 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) is expected to leave its policy rate unchanged at 1.375 percent on Thursday afternoon given the islands benign inflation outlook and hovering external uncertainties,...

FxWirePro: Factors that drive SNB’s relaxation and EUR/CHF shorts

Mar 19, 2019 12:30 pm UTC| Research & Analysis Central Banks

FX Sentiment remains buoyed, as markets eye further support from patient central banks (Fed, BoE,SNB) this week. The victory of moderate candidate Emmanuel Macron in the French presidential election has allowed the Swiss...