FxWirePro: Currency swap yields on RBNZ and FOMC regime

Jul 26, 2017 07:39 am UTC| Central Banks Research & Analysis Insights & Views

The US 10yr Treasury yields rose from 2.25% to 2.33%, and 2yr yields rose from 1.36% to 1.39%. Fed fund futures yields firmed slightly, pricing the chance of a December rate hike at around 47%. Ahead of todays FOMCs...

FxWirePro: Anchoring CNB hiking hopes, advancing forecasts and valuations stimulate EUR/CZK

Jul 25, 2017 11:24 am UTC| Central Banks Economy Insights & Views

On the back of formidable economic data and the improved outlook for both domestic and foreign demand, we have revised our calls on GDP dynamics, the labor market, CNB policy, and the financial markets. We now expect two...

FxWirePro: FOMC unlikely to add much spice to EUR/USD tomorrow, OTC FX to substantiate

Jul 25, 2017 09:35 am UTC| Central Banks

A day ahead at a glance EURUSD broke above 1.16 last week, it may be 1.18 come to the next ECB meeting in September. US interest rates rose slightly while the USD consolidated near a one-year low. There was little news to...

FxWirePro: Central banks’ regimes encourage longs in EUR/JPY - Wise to hold via spot and reverse knock-outs

Jul 25, 2017 08:54 am UTC| Central Banks Insights & Views

Long EURJPY is a strategic view on the sequencing of central bank policy. The ECB remains on the cusp of tapering, even if Draghi would not commit this week to a particular meeting for that decision to be taken, over and...

CBR likely to cut key rate by 25 bps to 8.75 pct as trend inflation slows further, says Danske Bank

Jul 25, 2017 06:42 am UTC| Commentary Central Banks Economy

This Friday at 12:30 CET, the Central Bank of Russia (CBR) is due to announce its monetary policy decision. On the back of Bloombergs most recent poll, it is expected that the CBR will cut the key rate by 25 basis points...

US Federal Reserve likely to leave policy rates unchanged at July policy meeting, says Lloyds Bank

Jul 24, 2017 11:25 am UTC| Commentary Central Banks Economy

The United States Federal Reserve is expected to leave its policy interest rates unchanged at its July 25-26 policy meeting. As the Fed raised interest rates by 0.25 percent for the third time in about seven months at its...

Eurozone PMI slips more than expected in July, suggests ECB policymakers will be in no rush to taper policy

Jul 24, 2017 11:06 am UTC| Insights & Views Economy Central Banks

IHS Markits euro zone Flash Composite Purchasing Managers Index for July fell to 55.8 from 56.3 in the previous month. The reading was below median expectation in a Reuters poll for a modest dip to 56.2. Despite coming off...