RBI cuts policy repo rate by 35 bps to 5.40 pct, likely to cut further by 50 bps
Aug 07, 2019 11:37 am UTC| Commentary Central Banks
The Reserve Bank of India cut its policy repo rate by 35 basis points to 5.40 percent today, maintaining the accommodative stance. The MPCs vote was unanimous. However, it was split 4-2 in favour of a 35 basis points cut...
RBNZ likely to adopt further 25bp rate cut in November, says ANZ Research
Aug 07, 2019 09:55 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) cut the Overnight Cash Rate (OCR) by 50bp to 1.00 percent today, surprising everyone, with no analysts expecting such a large move; however, ANZ Research continues to expect a further...

FxWirePro: Kiwis Still Fragile Ahead of RBNZ – NZD FX Derivatives Trades Recommendations
Aug 06, 2019 11:20 am UTC| Research & Analysis Central Banks
RBNZ has traditionally been somewhat more sensitive to global developments. A rate cut is already essentially fully priced for next week, and expectations increasingly seem to be for a dovish outcome. The combination of...

FxWirePro: AUD/USD Projections, OTC Outlook, and Options Strategy Ahead RBA Monetary Policy
Aug 05, 2019 10:16 am UTC| Research & Analysis Central Banks
AUDUSD having tumbled from 0.7200 mid-April to the high 0.68s mid-May as soft Australian data and RBA rhetoric pointed to a minimum of 2 cash rate cuts, AUDUSD price action has been a lot more mixed in recent...
Aug 05, 2019 10:02 am UTC| Research & Analysis Central Banks
AUDUSD having tumbled from 0.7200 mid-April to the high 0.68s mid-May as soft Australian data and RBA rhetoric pointed to a minimum of 2 cash rate cuts, AUDUSD price action has been a lot more mixed in recent weeks....
Aug 05, 2019 08:26 am UTC| Commentary Central Banks Economy
The Federal Reserve is expected to deliver more insurance rate cuts to sustain the record-long expansion in the US economy amid escalated U.S.-China trade tensions, which could weigh on the dollar versus its major rivals...
FxWirePro: Derivatives & Vols Perspectives For G10 FX-Bloc Amid Monetary Policy Season
Aug 01, 2019 14:37 pm UTC| Research & Analysis Central Banks
The USD still appears to be robust, on a broader perspective, it is gaining traction against all of the majors among G10 FX-bloc and testing fresh highs vs both the EUR (highest since May 2017) and GBP (highest since...