FxWirePro: Fed’s March meet likely to march dollar gammas
Mar 07, 2017 13:21 pm UTC| Central Banks Insights & Views
After a month of relentless pounding, FX option markets are ending February with front-end vols in USD-pairs on a slightly firmer footing, thanks to what looks like a concerted campaign by Fed officials to nudge the market...
Only an extremely weak jobs report could offset a Fed rate hike at March meeting
Mar 07, 2017 13:14 pm UTC| Insights & Views Central Banks
After Fed Chair Janet Yellens speech on Friday, markets are locked, loaded and ready a move is priced in, near-unanimously expected by forecasts, who on balance now also agree with the Feds projection of three moves this...
Fed Hike Aftermath Series: Kashkari stands out with dovish remarks
Mar 07, 2017 11:28 am UTC| Commentary Central Banks
Minneapolis Fed President, who is a voting member in this years FOMC stand out among the policymakers who have been calling for faster rate hikes in 2017. Some of the well-known doves of FOMC shifted their camps in recent...
China’s forex reserves rise above $3 trillion in February
Mar 07, 2017 11:15 am UTC| Commentary Economy Central Banks
The latest data released by the Peoples Bank of China (PBoC) show that the forex reserve at the central bank rose for the first time since June last year. The reserve rose by almost $7 billion that pushed the total reserve...
FxWirePro: Up and about Fed’s March action, factor in for dollar exposures and outright trades
Mar 07, 2017 11:11 am UTC| Central Banks Insights & Views
The Federal Reserve chair Janet Yellen endorsed a further rise in rates as long as inflation and employment data meet the Feds expectations. With payroll data due Friday, a decent showing from those figures probably...
Mar 07, 2017 10:30 am UTC| Central Banks Insights & Views
The UK headlines are likely to revolve around the House of Lords, which is due to have its final reading and vote on the Article 50 Bill on Tuesday. Given the heavy vote in favor of the amended bill (358 to 256) at its...
Mar 07, 2017 07:56 am UTC| Insights & Views Central Banks
The latest ECB data showed that purchases of German paper (Bund, agencies, and regionals) were again relatively strong in February, like for other large countries. However, the ECB is still discriminating against the...
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