FOMC Monetary Policy June 2018: Assessing future bias from statement and projection materials
Jun 14, 2018 05:59 am UTC| Commentary Central Banks
As expected, the policymakers at FOMC hiked interest rates by 25 basis points at yesterdays meeting. Current Federal funds rate target 175-200 basis points. Lets first assess the bias in monetary policy statement...
Hungarian monetary policy likely to remain dovish
Jun 13, 2018 19:56 pm UTC| Commentary Central Banks
The Hungarian Monetary Policy Council has not altered its extra dovish stance, in spite of increased volatility and deepened risk aversion on global markets. Both the policy rate and O/N depo rate remained the same at 0.9...
Hungarian monetary policy likely to remain dovish
Jun 13, 2018 19:56 pm UTC| Commentary Central Banks
The Hungarian Monetary Policy Council has not altered its extra dovish stance, in spite of increased volatility and deepened risk aversion on global markets. Both the policy rate and O/N depo rate remained the same at 0.9...
Jun 13, 2018 12:35 pm UTC| Research & Analysis Central Banks
Gold prices plunged during Asian and early European trading session ahead of todays US Feds monetary policy, dipped from the day highs of $1,295.96 to $1,291.94 but managed to recover to the current $1,294.84 levels as the...
FxWirePro: What to watch in FOMC meet ahead?
Jun 13, 2018 10:02 am UTC| Commentary Central Banks
We expect a great deal of debate among FOMC policymakers over the path of the hike as well as whether to go three or more hikes this year or not. While several policymakers like Loretta Mester, Esther George openly...

Jun 13, 2018 09:04 am UTC| Research & Analysis Insights & Views Central Banks Technicals
The US dollar index futures for near month tenors has risen above 93.800 mark ahead of todays Feds funds rate. If you observe monthly plotting of DXY technical chart, 2017 has shown the constant slumps especially after...

FxWirePro: Relative value option structure in Gold/AUD with delta-hedge setup
Jun 11, 2018 13:47 pm UTC| Research & Analysis Central Banks
An exciting defensive RV options structure is long Gold/AUD ATM vs. short AUD/USD puts (both legs delta-hedge set-up). At multi-year lows, an artifact of uber-depressed Gold vols, the XAU/AUD-AUD/USD vol spread can be...