ECB may extend its current asset purchase program

Nov 11, 2015 06:40 am UTC| Commentary Central Banks

Since the ECB seems to be more aggressive and the Fed has kept the rate hike option open, analysts are pushing down their end-year EUR/USD forecast. RBC Capital Markets estimates the pair is likely to be close to the...

National Bank of Hungary likely to ease further

Nov 11, 2015 04:44 am UTC| Commentary Central Banks

There is a rise in Hungarys October inflation, which leaves the National Bank of Hungary (NBH) plenty of room to maintain its loose monetary policy conditions for an longer period. The NBH predicts that inflation will...

Chile's BCCh’s October statement was not as certain as September

Nov 11, 2015 00:35 am UTC| Commentary Central Banks

This realization is also not new. In fact, BCChs post-meeting (October) statement was considerably dovish and the key paragraph now has an element of uncertainty compared with the September statement, in which the bank was...

U.S. doves appear to be ready to fly in December

Nov 10, 2015 16:42 pm UTC| Commentary Central Banks

Recent comments and speeches from FOMC members suggest that the doves are ready to fly as well, as they seem to support - or at least accept - the first Fed hike since 2006 at the next FOMC meeting in December. During the...

High inflation standing in Norges Bank's way

Nov 10, 2015 13:08 pm UTC| Commentary Central Banks

The underlying inflation rate in Norway currently stands at 3.1%. The Norges Bank believes the krone that is weaker than it had expected is mainly responsible for the development. The currency is highly volatile...

Riksbank warns on readiness to intervene in FX market

Nov 10, 2015 10:12 am UTC| Insights & Views Central Banks

Riksbank just issued a blunt warning to traders and investors, who according to the bank, is not paying attention or taking Riksbanks commitment seriously, saying that it wouldnt hesitate to intervene in the FX market if...

Another disappointment for BOJ – weaker current account surplus

Nov 10, 2015 09:25 am UTC| Insights & Views Central Banks

Weaker Yen had its days and as of now its simply losing its charm. Japan had a major Yen advantage, when Bank of Japan introduced record monetary easing back in 2012, however over the years as other central banks ease...