FxWirePro: Chinese Currency Looks Stronger Against Euro And Weaker Against Aussie Dollar
Mar 23, 2020 14:57 pm UTC| Research & Analysis Central Banks
The Chinese central bank gave a rare comment on a specific level of USDCNY over the past weekend, which seems to suggest that the Chinese authorities intend to stabilize the market sentiment against the backdrop of a...
FxWirePro: CBR Maintains Status-Quo Monetary Policy – Uphold Delta-Hedged USD/RUB Ratio Call Spread
Mar 20, 2020 15:53 pm UTC| Research & Analysis Central Banks Insights & Views
CBR held a rate meeting today: Russian central bank maintained its benchmark interest rate at 6 percent during its March meeting, saying the rubles depreciation is a momentary pro-inflationary factor that might prompt...
FxWirePro: Spotlight On BoE’s Easing Measures And Sterling’s OTC Outlook & Hedging Strategy
Mar 20, 2020 08:59 am UTC| Research & Analysis Central Banks
In addition to the package of measures announced at last weeks unscheduled policy meeting, the Bank of Englands Monetary Policy Committee has sanctioned further easing measures at an emergency meeting. These...
FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge
Mar 18, 2020 17:33 pm UTC| Research & Analysis Economy Central Banks Insights & Views
Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...
FxWirePro: USD/KRW Surging On Verge Of Hitting 10Y Highs – Spotlight On Digital ATM Calls
Mar 17, 2020 13:31 pm UTC| Research & Analysis Central Banks
Bank of Korea cut rates by 50 bps to a new record low of 0.75% at an emergency meeting yesterday. The decision was attributed to the deterioration in growth outlook from COVID-19 and the Feds decision to slash rates to...
The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic
Mar 17, 2020 01:38 am UTC| Economy Central Banks
The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...
Australian and US rate cuts underline seriousness of the coronavirus crisis
Mar 06, 2020 03:44 am UTC| Investing Central Banks
This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australias central bank cut official...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects