Feb 24, 2017 12:20 pm UTC| Insights & Views Economy Central Banks
Minutes of the Federal Reserves Jan. 31-Feb monetary policy meeting published earlier this week on Wednesday showed that many policymakers believed another interest rate hike might be appropriate fairly soon if labor...
FxWirePro: Deferment of Fed hiking cycle to dampen dollar growth pace
Feb 24, 2017 09:20 am UTC| Central Banks Insights & Views
The Fed should hike rates fairly soon, the language reflecting the lack of urgency. The dollar is likely to rise even more gradually than the fed funds rate. The political uncertainty could undermine the euro, the BOJ...
FxWirePro: Prefer GBP/USD vols against EUR/GBP – Uphold EUR/GBP/USD 6m vol swaps
Feb 24, 2017 07:05 am UTC| Central Banks Insights & Views
We advise initiating longs GBPUSD vs EURGBP 6m volatility swaps @ 0.3 vols; indicative offer: same GBP notional in both legs. The vega mark-to-market is roughly proportional to the implied vol spread and its odds are...
Banxico amplifies toolkit to support peso without Forex reserves
Feb 23, 2017 15:59 pm UTC| Commentary Central Banks Economy
On February 21, Mexicos central bank announced that it will offer up to $20 billion in forex hedges, starting with a first auction of up to $1 billion on March 6. With the new measures the central bank aims to support the...
FOMC minutes provide no clear signal of March rate hike
Feb 23, 2017 15:04 pm UTC| Commentary Economy Central Banks
Release of the minutes of the Federal Reserves 1st February meeting showed that many members noted that it might be appropriate to raise the federal funds rate again fairly soon if incoming information on the labour market...
Feb 23, 2017 07:43 am UTC| Research & Analysis Insights & Views Central Banks
Weve been neutral in a 0.7130-0.7240 range for Kiwi dollar against US dollar. NZDUSD in medium term perspectives: The Feds tightening cycle plus US fiscal expansion should maintain upside pressure on US interest rates...
Malaysia's Bank Negara likely to hold benchmark policy rate at 3.00 pct despite spike in inflation
Feb 22, 2017 11:55 am UTC| Insights & Views Central Banks Economy
The Bank Negara Malaysia (BNM) in its first monetary policy meeting of 2017 on 16th January held its benchmark overnight policy rate at 3.00 percent and said that the decision was supported by stronger household demand,...
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