
FxWirePro: Brexit or BoE, Sterling still under pressure – Bearish setup for two GBP trades
Aug 08, 2018 08:14 am UTC| Research & Analysis Central Banks Insights & Views
After an action-packed last week, GBP faded in the background this week with no major developments. The Bank of England voted unanimously to raise the Bank Rate by 25bps to 0.75 percent on August 2nd, saying recent data...
FxWirePro: RBNZ unlikely to change policy today
Aug 08, 2018 07:04 am UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy at 21:00 GMT. Over the past two years or so, RBNZ has reduced rates from 3.5 percent to 1.75 percent, which is an all-time low, however, the bank...

FxWirePro: NZD/JPY put ratio back spreads for optimized hedging ahead of RBNZ
Aug 08, 2018 06:08 am UTC| Research & Analysis Central Banks Insights & Views
Bearish NZDJPY scenarios: 1) The NZ housing market slowdown becomes disorderly 2) The NZ immigration rolls over quickly 3) NZ bank funding issues intensify, causing the market to question NZs ability to attract...

Aug 08, 2018 05:10 am UTC| Technicals Insights & Views Central Banks
NZDJPYhas constantly been dipping ever since the formation of gravestone doji at 75.866 levels in the intermediate trend (refer weekly chart). The trend slides through descending triangle pattern which is bearish in...

FxWirePro: Deploy options strips for stiff tussle between NZD/JPY bulls and bears ahead of RBNZ
Aug 07, 2018 13:22 pm UTC| Research & Analysis Central Banks Insights & Views
Over 2018, we see scope for some further under- performance from NZD, as we expect ongoing confirmation that the RBNZ can credibly lag policy normalization in the G3. Evidence that real assets (equities, housing) are...

Aug 07, 2018 09:20 am UTC| Research & Analysis Central Banks Insights & Views
NZD faces domestic headwinds to local rates that are only now being fully appreciated. Growth has weakened, the central banks inflation forecasts have been revised materially lower, net immigration is slowing and business...
RBA monetary policy: Assessing future bias
Aug 07, 2018 07:44 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate unchanged at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes The global economic...