Jul 27, 2018 12:46 pm UTC| Research & Analysis Insights & Views Central Banks
The BoC and the BoE appear to be looking to normalize monetary policy but experiencing similar difficulties. Both are involved in uncertain trade discussions that are weighing on investment and both have seen a softer...
FxWirePro: BoJ stresses importance of YCC with special auctions
Jul 27, 2018 12:31 pm UTC| Commentary Central Banks
With its actions this week, the Bank of Japan (BoJ) showed exactly how important the Yield Curve Control (YCC) is for its future monetary policies and exactly how aggressively its going to defend it. The central bank...
Jul 27, 2018 10:29 am UTC| Research & Analysis Central Banks
The pound sterling should not suffer too much. An interest rate hike by the Bank of England (BoE) next week is now the consensus opinion in the market. And so the fundamental difference between BoE interest rate policy and...
European Central Bank keeps monetary policy on hold, likely to stand pat until September 2019
Jul 26, 2018 14:16 pm UTC| Commentary Central Banks
The European Central Bank kept its monetary policy on hold today, as expected, thereby leaving the deposit rate at 0.4 percent and asset purchases at EUR 30 billion. Meanwhile, the enhanced forward guidance introduced in...
European Central Bank keeps monetary policy on hold, likely to stand pat until September 2019
Jul 26, 2018 14:16 pm UTC| Commentary Central Banks
The European Central Bank kept its monetary policy on hold today, as expected, thereby leaving the deposit rate at 0.4 percent and asset purchases at EUR 30 billion. Meanwhile, the enhanced forward guidance introduced in...
Jul 26, 2018 12:36 pm UTC| Research & Analysis Central Banks Insights & Views
The Polish zloty has staged an impressive recovery over the past fortnight, strengthening from a low of 4.40 against the euro in early July to near 4.2870 at present (while articulating). Polish policymakers have commented...
FxWirePro: An option structure for Scandinavian - SEK ATM vol multi-year high vs G10 vols
Jul 26, 2018 11:10 am UTC| Research & Analysis Central Banks Insights & Views
The Swedish central bank held its benchmark interest rate at -0.5 pct on July 3rd, as widely expected, saying monetary policy needs to continue to be expansionary for inflation to remain close to target despite strong...