Renminbi Series: China goes to holiday with rates elevated
Sep 15, 2016 05:56 am UTC| Commentary Economy Central Banks
China has gone to holidays with the offshore rate elevated way over normal. Today and tomorrow are holidays in China over Mid-Autumn festival. Peoples Bank of China (PBoC) has a history of intervening in the offshore rates...

Reserve Bank independence: sobering lessons from India and South Africa
Sep 15, 2016 00:52 am UTC| Insights & Views Central Banks
Two BRICS member countries, India and South Africa, have recently experienced rather unedifying episodes related to the leadership of their central banks. Raghuram Rajan, the governor of the Reserve Bank of India, was...

Chart of the Day: Dollar breakout coming
Sep 14, 2016 14:08 pm UTC| Commentary Central Banks
This simple technical chart, shared by Soberlook.com, points that the dollar is heading for a breakout. Two key questions are when and which side? It looks like pretty soon, however, that would certainly depend on the...
FxWirePro: Stay short USD/JPY through a put fly amid scepticism from BoJ’s easing
Sep 14, 2016 13:15 pm UTC| Central Banks
USDJPY was a notable beneficiary from Yellens policy musings and renewed speculative enthusiasm to own the cross as the FED and BoJ meetings have prevented the cross from retracing in line with the rest of the dollar...

Sep 14, 2016 12:41 pm UTC| Central Banks Insights & Views
FX OTC market has been reluctant for Swiss franc despite SNBs monetary policy tomorrow. Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency...
Swiss National Bank likely to keep policy on hold on Thursday
Sep 14, 2016 10:59 am UTC| Commentary Central Banks
The Swiss National Bank is expected to keep its monetary policy on hold tomorrow, said Societe Generale in a research note. The U.K. Brexit referendum and recent ECB action has not led to considerable pressure on the Swiss...

BoE likely to stay pat at Thursday's meeting, minutes in focus for any changes to its easing bias
Sep 14, 2016 10:54 am UTC| Insights & Views Central Banks
After delivering a comprehensive package of policy easing measures in August, the Bank of England (BoE) is widely expected to stay pat at Thursdays meeting. Focus is likely to be on the wording in the minutes which are...