FxWirePro: Snippets of SNB Policy and Drivers of Bullish Swiss Franc – Trade Butterfly Spreads and Hedge Via Debit Put Spreads

Sep 19, 2019 13:41 pm UTC| Research & Analysis Central Banks

Only a few analysts had expected the SNB to cut its key rate at todays meeting. But, the Swiss central bankers maintained thestatus quo in their monetary policy to keep rates unchanged at -.75%. However, another aspect of...

FxWirePro: Spotlight on GBP OTC updates and stay hedged via put spreads ahead of BoE

Sep 19, 2019 10:33 am UTC| Research & Analysis Central Banks

As expected the US Federal Reserve cut its policy interest rates by 25 basis points for the second successive meeting. The move reduced the Fed Funds target range to 1.75-2.00%. Three members voted against the decision....

New Zealand economy grows 0.5 pct q/q in June quarter, in line with RBNZ’s May MPS forecast

Sep 19, 2019 09:08 am UTC| Commentary Economy Central Banks

The New Zealand economy grew 0.5 percent q/q in three months to June 2019, a touch stronger than the 0.4 percent pencilled in by ANZ Research. The small positive surprise means annual growth has been running a touch...

U.S. Fed cuts interest rate by 25 basis points to 2 pct

Sep 18, 2019 18:42 pm UTC| Commentary Central Banks

The U.S. Fed cut interest rate by 25 basis points to 2 percent today, as was widely anticipated. The description of the economy was little changed, noted DNB Markets in a research report. The U.S. economic activity is...

BoE likely to maintain guidance for gradually higher rates as long as Brexit has not been clarified, says DNB Markets

Sep 18, 2019 14:18 pm UTC| Commentary Central Banks Economy

The Bank of England (BoE) is expected to ignore the macro trends and maintain the guidance for gradually higher rates as long as Brexit has not been clarified, according to the latest research report from DNB...

FxWirePro: Aussie looks puzzled amid mixed bag of indicators ahead of Fed – Bid 3m AUD/USD OTC and deploy diagonal debit spread

Sep 18, 2019 09:21 am UTC| Research & Analysis Central Banks

The Aussie has been choppy this month ahead of Federal Reserves monetary policy that is scheduled for today, the consensus is 25 bps cut, absorbing mixed signals from US interest rate expectations and US-China trade...

FOMC likely to cut rates by 25bps this week, maintain easing bias: ANZ Research

Sep 18, 2019 07:37 am UTC| Commentary Central Banks Economy

The Federal Open Market Committee (FOMC) is expected to cut rates by 25bps this week. It is also expected to maintain an easing bias and for many FOMC members to project three rate cuts for 2019, according to the latest...