FxWirePro: JPY hedging dimensions contemplating risk reversals and delta hedging ahead of BoJ

Mar 12, 2019 13:00 pm UTC| Research & Analysis Central Banks

Bank of Japan (BoJ) is lined up for its monetary policy on Thursday, to maintain negative rates on hold. We ruled out slow normalization of monetary policy, as inflation in Japan has so far made no attempt to approach the...

CNB likely to let caution prevail in March meeting and keep policy rate steady at 1.75 pct, says Oxford Economics

Mar 12, 2019 11:31 am UTC| Commentary Central Banks Economy

The Czech National Bank (CNB) is expected to let caution prevail in its March 28 meeting and keep the policy rate steady at 1.75 percent, as it did in the last two meetings, according to the latest research report from...

FxWirePro: The Day Ahead- 12th March 2019

Mar 12, 2019 06:37 am UTC| Commentary Central Banks

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: Investment lending for homes down 4.1 percent in January. Home loans down 2.6...

FxWirePro: Take a glance at dip in Yen’s vol YTD ahead of BoJ, compression of macro risk premium and vintage hedges in 2019

Mar 12, 2019 05:52 am UTC| Research & Analysis Central Banks

The break of 8.0 on USDJPY 1Y ATM vol back in December had caused a frisson of excitement among vol accounts looking to buy Yen vega as a strategic late cycle FX vol play, but what was deemed to be a key technical support...

Fundamentals to watch out for this week

Mar 11, 2019 13:51 pm UTC| Commentary Central Banks

In terms of volatility risks, this week is extremely heavy with the focus on Brexit, key economic data, trade talks, and central bankers, What to watch for over the coming days: Central Banks: Bank of Japan...

FxWirePro: USD/JPY Spot, OTC Heads-Up Ahead of BoJ and Smart Hedging Bidding Fresh RRs and Skews

Mar 11, 2019 10:30 am UTC| Research & Analysis Central Banks

The constructive market sentiment is weighing on the Japanese yen, however, the monetary policy outlook indicates that the appreciation trend of the Japanese currency is not yet over, though less in demand as a safe...

FxWirePro: Factors That Drive Yen’s Turbulence And Glimpse at JPY Volatility and Skews Ahead of BoJ

Mar 11, 2019 07:23 am UTC| Research & Analysis Central Banks

JPY has been a middle-ranked but relatively weak currency within the G10 camp. Meanwhile, developments in the recent past: 1) An unexpected dovish turn by the Fed at the January FOMC resulting in a bearish view on...