FxWirePro: NZD IVs spike ahead of RBNZ, sensitivity tool favours OTM put strikes
Apr 26, 2016 06:03 am UTC| Commentary Central Banks
Leveraged accounts remained bullish on commodity currencies, led by the AUD. They raised their net AUD longs by USD0.8bn to USD3.4bn, the highest since Sep 14 (see Figure 10). They also added to their net longs in NZD, by...
Can FOMC be less dovish this week? - Rates in Emerging Asia
Apr 26, 2016 05:02 am UTC| Commentary Central Banks
This weeks US FOMC meeting could set the tone for USD/Asia. With the recent risk rally, improvement in Chinas data and a loosening in financial conditions on the back of the USD depreciation, the Fed will likely be less...
FxWirePro: Hedge USD receivables on boosted risk reversals in H2 of 2016
Apr 22, 2016 12:37 pm UTC| Commentary Central Banks
DXY (dollar index) which measures the greenbacks strength against a trade-weighted basket of six major currencies, was currently up at 94.90 comparing previous close at 94.65. Overnight, the dollar trimmed losses...
Negative Rates Series: Can central banks digest their own negative medicine?
Apr 22, 2016 09:38 am UTC| Commentary Central Banks
Central banks around the developed world, increasingly pushing the yield curve towards zero, either through asset purchase or through introduction of negative rates. After Japanese government introduced negative rates,...
Apr 21, 2016 11:32 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Frankfurt. Current policy...
Market underestimates FED’s hike intention
Apr 21, 2016 09:52 am UTC| Commentary Central Banks
At the end of last it would have been fair to say that FED has been overestimating its hike capacity with policymakers projecting 100 basis point hike this year but I think it the market participants this time around, who...
FED Hike Aftermath Series: Hike probabilities review
Apr 21, 2016 07:12 am UTC| Commentary Central Banks
As Dollar has been weakening steadily since Janet Yellen assured that monetary policy accommodation to be removed only gradually, Market has been a lot more dovish in its projection of FOMC rate. While March FED...
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