FX Hedging Strategy Series

FxWirePro: A glimpse on hedge fund positions in USD exposures a fortnight ago, FED and ECB key drivers of currency hedging again

Dec 15, 2016 13:44 pm UTC| Research & Analysis Central Banks

The above performance picture, we get from the monthly reporting hedge funds is quite disappointing than the picture from the daily reporting funds as even currency hedge funds performed poorly in November. As you could...

FOMC optimism on economy strengthens; dot plot implies three hikes in 2017

Dec 15, 2016 12:14 pm UTC| Insights & Views Economy Central Banks

The US Federal Reserve raised key interest rates by 25 basis points to between 0.50 per cent and 0.75 per cent on Wednesday in its second such hike since last December. The FOMC expects that with gradual adjustments in the...

BoK maintains stable policy rate, in line with market expectations

Dec 15, 2016 12:11 pm UTC| Commentary Economy Central Banks

Bank of Korea maintains the policy rates at 1.25 percent at the monetary policy meeting held Thursday, line with market expectations. While trade growth remained lukewarm, South Koreas growth for the first...

Bank Indonesia keeps interest rate unchanged at 4.75 pct, likely to remain on hold in 2017

Dec 15, 2016 12:09 pm UTC| Commentary Central Banks

As widely anticipated Bank Indonesia kept its 7 day reverse repo rate on hold at 4.75 percent during its meeting today. The central bank projects a subdued global economic rebound, but it foresees earlier reductions in the...

U.S. inflation numbers a key to further Fed rate hikes

Dec 15, 2016 11:56 am UTC| Commentary Economy Central Banks

The FOMC meeting yesterday projected three rate hikes for the next year, however, the actual path would depend lots on inflation figures over the year. Today, at 13:30 GMT, November inflation figures will be released from...

BOE monetary policy preview

Dec 15, 2016 11:43 am UTC| Commentary Central Banks

The pound has been the top performer among the majors over the past two months and it might gain a firmer footing if the Bank of England (BOE) chooses to not to ease policy. The pound is up 2.2 percent against the dollar...

Fed long-term rates forecast review

Dec 15, 2016 10:59 am UTC| Commentary Central Banks

The above chart shows, how the longer run interest rate forecast by the Federal Open Market Committee (FOMC) has evolved since 2013. Last night the Fed announced a hike of 25 basis points in the Federal funds rate and...