FX Hedging Strategy Series

For how long would BoJ tolerate JPY’s appreciation? Asset purchase seems likely through JGBs and ETFs

Jul 21, 2016 12:24 pm UTC| Central Banks

How long does BoJ tolerate JPYs appreciation? Asset purchase seems most likely through JGBs and ETFs You still see the heaps of bearish hedging interests when you have to see OTC adjustments in Yen currency...

Yen strengthens as Kuroda shoots down helicopter possibilities

Jul 21, 2016 11:05 am UTC| Commentary Central Banks

The Japanese Yen has strengthened more than 1 percent against the dollar after a BBC Radio 4 program was aired, where Mr. Kruroda poured cold water over the possibility of introducing unconventional helicopter money in...

What to expect from ECB today?

Jul 21, 2016 10:41 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. The result to be announced at 11:45 GMT, followed by thepress conference at 12:30 GMT. Meeting is to be held in Frankfurt. Current policy...

FX Hedging Strategy Series

FxWirePro: “Bitmex to mitigate euro FX risks” ahead of ECB’s strengthened dovish tones owing to brexit and snail’s pace in inflationary pressures

Jul 21, 2016 08:22 am UTC| Insights & Views Central Banks

In this write-up, we basically aim to highlight the potential risks that drive euros depreciation concerns and efficient hedging vehicle. First foremost, it is likely that the ECB would need to strengthen its dovish...

Currency War Series

SARB likely to keep interest rate on hold at 7 pct

Jul 21, 2016 07:42 am UTC| Commentary Central Banks

The South African Reserve Bank (SARB) is expected to keep its interest rate unchanged at 7 percent during its policy review meeting on Thursday, said Commerzbank in a research note. Junes inflation print was consistent...

US Fed to keep target range for federal funds rate unchanged during July meeting

Jul 21, 2016 07:24 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) had maintained its policy rate at 25-50 basis points during its June meeting amidst a significant deceleration of employment growth in May and the pending UK referendum in EU...

Brazil’s central bank remains on hold; policymakers struggle to control inflation

Jul 21, 2016 05:34 am UTC| Commentary Central Banks

Brazils central bank remained on hold at its monetary policy meeting held on Wednesday, largely as markets had expected amid struggle by policymakers to bring the countrys inflation under control. Interest rate remained on...