
FxWirePro: No hindrance for safe-haven sentiments for CHF ahead of SNB
Sep 12, 2017 12:00 pm UTC| Central Banks Research & Analysis Insights & Views
We have SNB scheduled to announce monetary policy assessment this week and Libor rate that measures London interest rate for 3-month Swiss franc deposits. The Swiss National Bank is also expected to sit on its hands this...
FxWirePro: Key driving forces of USD/KRW and hedging strategy
Sep 11, 2017 11:50 am UTC| Research & Analysis Central Banks Insights & Views
The downside in USDKRW has been bounded by 1113, even with the EUR marching higher and EM currencies strengthening. It has witnessed a good run in 1Q among EMFX, subsequently, resulting in the KRW being one of the...
FxWirePro: Impact of PBoC’s FX regime on CNY NDFs
Sep 11, 2017 10:48 am UTC| Central Banks Research & Analysis Insights & Views
The strength of CNY can be traced to three factors: the rebound in real GDP, higher commodity prices (which has aided the reflation theme and reduced pressure on the banking system) and higher interest rate...
Fundamentals to watch out for this week
Sep 11, 2017 10:05 am UTC| Commentary Central Banks
This week is a quite heavy with volatility risks, especially in terms of data and events as well. What to watch for over the coming days: Central banks: Swiss National Bank (SNB) will announce interest rate...
FxWirePro: Yuan weakens as PBoC relaxes shorting restrictions
Sep 11, 2017 07:13 am UTC| Commentary Central Banks
Yuan has declined sharply after reaching as low as 6.44 per dollar last week, the highest level since March 2016 and trading at 6.527 per dollar today as China relaxes shorting rule, that was imposed in response to yuans...
FxWirePro: A week before BoE and SNB - A glimpse through Sterling and Swiss franc
Sep 08, 2017 16:45 pm UTC| Central Banks Research & Analysis Insights & Views
Bank of England (BoE): The MPC convenes next week with its full complement of nine members for the first time since March. With no significant changes to the economic picture compared to last month, it is unlikely that...
Sep 08, 2017 13:02 pm UTC| Research & Analysis Insights & Views Central Banks
Short in USDTHB via 3m NDF are rolled out on account of structural current account improvement, neutral valuations. THB continues to remain top performer within EM Asia, strengthening by 8% this year and outperformance...