Reserve Bank of India hikes policy repo rate to 6.5 pct, maintains neutral stance

Aug 01, 2018 15:51 pm UTC| Commentary Central Banks

The Reserve Bank of India, today, hiked its policy repo rate to 6.50 percent, as expected, and maintained a neutral stance. According to an ANZ research report, this neutral stance suggests that future policy actions would...

FxWirePro: Maintain XAU/USD delta-hedge via a calendar spread on Fed’s most likely status quo

Aug 01, 2018 13:18 pm UTC| Research & Analysis Central Banks Insights & Views

Federal Reserve is lined up next for its monetary policy announcement, there is no rate hike expected today and the data have not changed much since the forecast update at the June meeting. During the afternoon, the ADP...

FxWirePro: Revaluation of Gold vol curve to high-beta FX ahead of Fed

Aug 01, 2018 12:15 pm UTC| Research & Analysis Insights & Views Central Banks

Federal Reserves monetary policy announcement provides the focus for today. Given the FOMC raised the Fed funds rate to 2% (upper bound) in June, Ahead of Fed, there have been signs for further weakness in the precious...

FxWirePro: Aussie forecasts, beta analysis and FX options analytics

Aug 01, 2018 10:56 am UTC| Research & Analysis Central Banks

The Aussie dollar has been one of the worst performers in the broad-based US dollar rally since the June FOMC and ECB meetings. The Federal Reserves monetary policy announcement provides the focus for today. Given the FOMC...

FxWirePro: What to watch in FOMC meet ahead?

Aug 01, 2018 10:34 am UTC| Commentary Central Banks

Today, the U.S. Federal Reserve will announce its monetary policy decision at 18:00 GMT. While the majority of the policymakers do support faster rate hikes, some policymakers are expressing doubts over the narrowing of...

New Zealand’s Q2 employment report remains mostly robust, likely to provide relief to RBNZ: Westpac Research

Aug 01, 2018 08:37 am UTC| Commentary Economy Central Banks

Labour market conditions were generally firmer in the June quarter. Jobs growth was robust, though the unemployment rate ticked up slightly. With the economy moving closer to full capacity, the first signs of a stirring in...

FxWirePro: Bidding AUD/USD 1m/3m OTC setup and combination of delta longs/theta shorts to optimize options strategy

Aug 01, 2018 08:12 am UTC| Research & Analysis Central Banks

The Aussie dollar underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July, it has been near the middle of the G10 pack. On the flips side, the USD had been...