Dollar stumbled after Brainard maintained her usual dovish tone
Sep 13, 2016 04:17 am UTC| Commentary Central Banks
The dollar bulls really got disappointed after the overhyped Brainard speech proved to be just an overhyped one. As the speech was formally announced only Thursday, last week, there was a speculation that Lael Brainard, a...

FxWirePro: EUR/USD and EUR/JPY implied correlations collapse to 15-year lows
Sep 12, 2016 12:10 pm UTC| Central Banks Insights & Views
In correlation space, around 20% (see above chart), with USDJPY vols having taken off since early June in anticipation of the September BoJ meeting even as EURUSD and EURJPY vols have floundered. One interpretation of...
Sep 12, 2016 11:28 am UTC| Central Banks Research & Analysis
The Australian dollar was weaker, AUDUSD continuesto slide down 0.45% at 0.7506 despite the RBA left the cash rate unchanged at 1.5% and provided little forward guidance. The Banks comments on the housing market were...
Market nervous over Brainard speech
Sep 12, 2016 11:14 am UTC| Commentary Economy Central Banks
The financial market participants are cautious on todays speech by Lael Brainard, a member of the Federal Reserve board of Governors. Some newswire and analysts go ahead in calling it this years most closely watched speech...
Renminbi Series: Rise of Hibor stirs Global market
Sep 12, 2016 10:35 am UTC| Commentary Economy Central Banks
HIBOR or the Hong Kong Interbank Offer Rate became infamous earlier this year in January when overnight rate touched above 68 percent as the Peoples bank of China (PBoC) drew liquidity from the offshore market via...

Downside risks to inflation outlook likely to keep BoC on an accommodative monetary policy stance
Sep 12, 2016 09:50 am UTC| Insights & Views Central Banks Economy
Canadian economy started 2016 on a strong footing, growing 0.6 percent q/q in Q1. However, it was unable to sustain the strong momentum into Q2. Oil production downtime caused by the wildfires was the main drag. That said,...
Fundamentals to watch out for this week
Sep 12, 2016 08:15 am UTC| Commentary Economy Central Banks
This week is relatively less risk heavy compared to last week. Nevertheless, a fresh batch of data from the United Kingdomshould keep the drums beating. What to watch for over the coming days: U.S. economic...