FxWirePro: Driving forces of CHF’s bullish and bearish scenarios
Mar 02, 2017 11:26 am UTC| Central Banks Insights & Views
EURCHF is so far tracking our forecast which assumes a softening in the SNBs intervention regime and a resultant orderly decline of around one cent per quarter in the cross to 1.03 by year-end. The SNB is certainly not...

Mar 02, 2017 11:06 am UTC| Research & Analysis Central Banks
OTC Updates: Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency segment. While, the 25-delta risk of reversal of EURCHF has also not been...
FxWirePro: SNB loosen the leash on Swiss franc
Mar 02, 2017 10:05 am UTC| Central Banks Insights & Views
Various factors are responsible for the shift in the SNBs FX stance, we believe: 1) Economic performance is satisfactory and inflation continues to normalize (the rate of CPI inflation has increased by 1.5% from 2015...

Mar 02, 2017 07:49 am UTC| Research & Analysis Insights & Views Central Banks
We expect AUDUSD to decline through 2017 on skinnier rate differentials and a pull-back in commodity prices. The Dec-17 target is 0.68, 10% below forwards. The combination of a more high conviction Fed cycle in 2017 and...
Fed Hike Aftermath Series: Key commentaries from Lael Brainard
Mar 02, 2017 06:49 am UTC| Commentary Central Banks
One of the most dovish policymakers at the FOMC, Lael Brainard seems to be changing her tone towards monetary policy adjustments for 2017. In a speech to the John F. Kennedy School of Government at Harvard University, Ms....
Fed Hike Aftermath Series: Market finally pricing three hikes in 2017
Mar 02, 2017 06:27 am UTC| Commentary Central Banks
As an array of Federal Reserve policymakers shared their views of a faster rate hike in 2017 that anticipated by the financial market, the market has finally started to price three rate hikes in 2017, for the first time...
RBNZ likely to hike official cash rate around mid-2018, says ANZ Research
Mar 02, 2017 05:47 am UTC| Commentary Central Banks
The Reserve Bank of New Zealand (RBNZ) is expected to raise its official cash rate (OCR) probably around mid-2018, even though at the February Monetary Policy Statement, the RBNZ remained very neutral and today that was...