FxWirePro: Further EUR downside potential but not faster than JPY, EUR/JPY downtrend likely to ease
Jan 25, 2017 07:52 am UTC| Research & Analysis Central Banks
The massive dollar uptrend is peaking with the massive repricing of yields triggered by the December Fed meeting. The FX space is now in consolidation mode, and the recent FOMC minutes were either neutral or slightly...
CBT keeps benchmark interest rate on hold, TRY likely to depreciate in short term
Jan 25, 2017 06:56 am UTC| Commentary Central Banks
The Turkish central bank kept the main policy rate on hold yesterday. The CBT underpinned the Turkish lira but it was not sufficient. The simplification process, where the change in the monetary policy regime to use just...
FxWirePro: The Day Ahead- 25th January 2017
Jan 25, 2017 05:22 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Consumer price index rose by 0.5 percent in the fourth quarter, up 1.5...
Reserve Bank of India likely to lower repo rate in February
Jan 24, 2017 11:39 am UTC| Economy Commentary Central Banks
Indias inflation continued to remain subdued during the month of November, exerting deeper pressure on the Reserve Bank of India (RBI) to undertake to ease policy in the next 2-day bi-monthly monetary policy scheduled to...
Jan 24, 2017 10:56 am UTC| Research & Analysis Insights & Views Central Banks
Since June, NZDUSD has been trading in the 0.70-0.74 range after a bullish first semester. At this stage, the interest rate differential already points towards a much lower NZDUSD, in the direction of our end-2017 forecast...
PBoC hikes medium term lending facility rate by 10bps
Jan 24, 2017 10:51 am UTC| Commentary Central Banks
The Chinese central bank, Peoples Bank of China has hiked the interest rate for six month medium term lending facility and one year medium term lending facility by 10 basis points. This is the first time the central bank...
Bank of Israel keeps interest rate unchanged, citing strengthening shekel
Jan 24, 2017 06:05 am UTC| Central Banks Economy Commentary
The Bank of Israel (BoI) in its first monetary policy meeting of 2017 on Monday maintained interest rates at record low of 0.10 percent, as widely expected following strengthening shekel and rising home prices. The...
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