FxWirePro: Correlation Trades via Optionality for Dovish Fed

Feb 01, 2019 13:33 pm UTC| Research & Analysis Central Banks

DXY has been buoyed by the US Federal Reserves more dovish approach in last monetary policy decision (where feds funds interest rates were left unchanged at 2.50%). The Fed continued to preach patience and notably removed...

PBoC likely to cut benchmark lending rates twice by 25bp each in Q1 and Q2, says Barclays Research

Feb 01, 2019 08:19 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to cut benchmark lending rates twice by 25bp each in Q1 and Q2, possibly as early as around February 1, according to the latest report from Barclays Research. The dovish tone...

FxWirePro: No Change in Fed’s approach and no change shorts in Loonie – Uphold CAD RV trades

Jan 31, 2019 11:40 am UTC| Research & Analysis Central Banks

The US Federal Reserve kept the Fed funds rate on hold (at 2.50%), as widely anticipated,it continue toadaptto a more dovish stance than expected, moving to a neutral stance in regards to interest rate adjustments,...

FxWirePro: Uphold NZD/USD Shorts via Optionality on Sluggish Kiwis Economic Momentum and Sturdily Dovish RBNZ

Jan 31, 2019 10:13 am UTC| Research & Analysis Central Banks Insights & Views

A slight loss of NZ economic momentum over the next quarter and more neutral speculator positioning (from extremely short) should weigh on the NZD. Key, though, will be the behavior of the US dollar. if the Fed hikes twice...

FxWirePro: The Day Ahead- 31st January 2019

Jan 31, 2019 05:21 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: United Kingdom: GFK consumer confidence index came at -14 in January. Australia:...

FxWirePro: What to watch in FOMC meet ahead?

Jan 30, 2019 14:18 pm UTC| Commentary Central Banks

Today, the U.S. Federal Reserve will announce its monetary policy decision at 19:00 GMT. Recently, the U.S. Federal Reserve chairman has directly hinted at a pause and the central bank signaled just two rate hikes for...

FxWirepro: G10 FX derivatives scanner ahead of FOMC

Jan 30, 2019 13:09 pm UTC| Research & Analysis Central Banks

The main event today is the US Feds monetary policy meeting tonight. We expect rates to remain unchanged at 2.50% and the message from the Fed to remain the same (i.e. it can afford to be patient). The FOMC will hold a...