FxWirePro: Commodity prices cushion AUD while RBA drives backseat for AUD/USD
Aug 16, 2016 09:47 am UTC| Insights & Views Central Banks
Amid the ongoing transition in Australias economy, the country continues to be a major resources producer, with much of its exports to the rest of the world made up of materials such as iron ore, coal, basic metals, and...
FxWirePro: Telecom, Media and Utility sectors under FX hedging scanner after Brexit dust settling
Aug 16, 2016 08:24 am UTC| Central Banks Insights & Views
GBP benefited from a classic dead-cat bounce when the BoE opted to defer its policy response to Brexit in July. The rally was short-lived as the BoE kept its word and delivered a comprehensive package of measures at the...
Aug 16, 2016 07:52 am UTC| Central Banks Insights & Views
After the last BoJs publication of key currency views on July 15, although USD/JPY extended its upside effect, it has been restrained at 107s, the pair sharply declined on a less-aggressive than-expected BoJs additional...
RBA board concerned about labor market, exchange rate
Aug 16, 2016 06:02 am UTC| Commentary Central Banks
The Reserve Bank of Australias August meeting minutes show that the central bank continues to be uncertain regarding the labor market. The minutes stated that the board members noted that there continued to be considerable...
Bank of England likely to further cut bank rate in November
Aug 15, 2016 12:19 pm UTC| Commentary Central Banks
The Bank of Englands policy announcement in August saw the Monetary Policy Committee vote for a multifaceted policy package as a reaction to the altered economic outlook after the Brexit vote. The stimulus package included...
Fundamentals to watch out for this week
Aug 15, 2016 05:16 am UTC| Commentary Economy Central Banks
Fundamentals to watch out for this week Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market. What to watch for over the coming days: UK...
FxWirePro: PRBS right choice for USD/MXN hedging vehicle as Banxico likely to stand pat
Aug 11, 2016 13:07 pm UTC| Central Banks Insights & Views
Todays rate meeting should see rates left on hold at 4.25% by Banxico. At the June meeting, Banxico raised rates by a surprising 50 bps and in the meantime MXN at least didnt depreciate further. The central bank of...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects