FxWirePro: RBA’s OCR to slide to 1 pct by end-2017 if CPI fails to recover

Dec 29, 2016 05:38 am UTC| Central Banks Insights & Views Economy

The easier monetary policy has helped to bolster countrys demand, as the Reserve Bank of Australia (RBA) reacted to sub-target inflation by cutting the official rate by 50 basis points this year to 1.50...

FX Hedging Strategy Series

FxWirePro: Which are the low and assured yielders despite jerking IVs via option spread and combination structures?

Dec 27, 2016 10:12 am UTC| Research & Analysis Central Banks Insights & Views

This is an emphasis to shed some light on low vol pairs among G10 OTC markets, implications and their trading opportunities in this space. Please be noted that GBP and CHF crosses are the least IVs among G10 space,...

FxWirePro: AUD/USD likely to hit lowest since March 2009 by end-2017

Dec 27, 2016 09:57 am UTC| Central Banks Insights & Views

In 2016 the Australian dollar (AUD) has benefited from the recovery in commodity prices, but lost grounds at the end of the year to post U.S. Presidential election rally in U.S. Dollar. We expect this to continue even in...

FX Hedging Strategy Series

FxWirePro: USD/KRW NDFs achieve targets - Portfolio reshuffling for KRW trades, Begin New Year with revised inputs

Dec 27, 2016 08:45 am UTC| Central Banks Commentary

The Bank of Korea kept thepolicy rate unchangedbut flagged increased downside risks to growth. We think thefocus is likely to shift to short-term stimulus. We had consistently been advocating USDKRW via NDFs and option...

Central Banking Series

BoJ's Kuroda defends yield curve control, says policy helping Japan overcome stagnation

Dec 26, 2016 15:06 pm UTC| Commentary Economy Central Banks

Bank of Japan Governor Haruhiko Kuroda in a speech at Keidanren, Japans biggest business lobby on Monday, strongly defended the central banks yield curve control policy. He said that the new policy framework had kept...

FxWirePro: EUR/USD likely to test parity by end-Q1, fall further below in 2017

Dec 26, 2016 11:52 am UTC| Insights & Views Central Banks

The Eurozone economy is expected to maintain a moderate rate of economic growth going into 2017, undershooting the European Central Banks (ECB) objective. This will likely keep the central bank in a dovish state, although...

Demonetization Series

Central Banking Series

FxWirePro Poll: India's subdued inflation and negative demonetisation effect to pressurize RBI for rate cut in February

Dec 26, 2016 07:02 am UTC| Economy Central Banks Insights & Views

Indias inflation continued to remain subdued during the month of November, exerting deeper pressure on the Reserve Bank of India (RBI) to undertake easing policy in the next 2-day bi-monthly monetary policy scheduled to be...