Kiwis dollar strengthened on upbeat NZ GDP flashes but reduces odds of RBNZ OCR cuts
Sep 21, 2018 09:29 am UTC| Research & Analysis Insights & Views Central Banks
Majority of the NZD crosses have been spiking considerably higher on the back of kiwis growth data. The New Zealand economy advanced 1.0 percent on quarter in the second quarter of 2018, above 0.5 percent in the...
FxWIrePro: SNB’s approach to Swiss franc and CHF relative value trades
Sep 20, 2018 13:52 pm UTC| Research & Analysis Central Banks Insights & Views
CHF is the best performing DM currency over the past three months, indeed is the only currency to have gained vs USD over this period. A combination of anxiety about the Italian budget, the broadening of stress in EM,...
Sep 20, 2018 13:35 pm UTC| Commentary Central Banks
The Swiss National Bank maintained its expansionary monetary policy today, thereby steadying price developments and underpinning economic activity. The interest rate on sight deposits was kept unchanged at -0.75 percent,...
FxWirePro: Glance through Yen’s portfolio restructuring – USD/AUD/JPY RV trades
Sep 20, 2018 12:44 pm UTC| Research & Analysis Central Banks
JPYcapped below 112.50 trend. CPI, PMI data due later, Japanese currency seems to be struggling momentarily against USD but holds key 112.60/65 area as BoJmaintains status quo in its monetary policy. We could foresee...
Norges Bank hikes key policy rate by 25 bps, likely to hike next in March 2019
Sep 20, 2018 11:04 am UTC| Commentary Central Banks
Norges Bank hiked its key policy rate today by 25 basis points to 0.75 percent, as was widely anticipated. However, the central bank surprisingly lowered the rate path by 5 to 9 basis points. This was mainly due to lower...

Sep 20, 2018 11:01 am UTC| Research & Analysis Central Banks
NZDUSD speculators have begun paring extreme short positions, indicating NZD upside potential near-term. However, there is major event risk to navigate during the next week. The catalyst for the reduction in short...
FxWirePro: SNB unlikely to follow Fed and ECB at hinting policy reversal
Sep 20, 2018 06:48 am UTC| Commentary Central Banks
Swiss National Bank (SNB) will announce interest rate decision at 7:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Federal...
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