Fed Hike aftermath Series: Hike probabilities in upcoming meetings
Apr 30, 2018 05:18 am UTC| Commentary Central Banks
FOMC increased interest rates again in March and maintained its forecast for three rate hikes in 2018. FOMC also forecasted a faster pace of hikes next year than previously forecasted. March decision was unanimous. Current...
FxWirePro: The Day Ahead- 30th April 2018
Apr 30, 2018 04:52 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: NBS manufacturing PMI declined to 51.4 in April. Non-manufacturing PMI rose to...
Central Bank of Russia keeps key interest rate on hold at 7.25 pct
Apr 27, 2018 16:12 pm UTC| Commentary Central Banks
The Central Bank of Russia maintained its key interest rate at 7.25 percent today. While this was an expected move, the majority of market participants had expected a 25-basis point cut just one month ago, before the new...

Shedding some light on US IRS and exotics hedging flows
Apr 27, 2018 11:22 am UTC| Research & Analysis Central Banks Insights & Views
The US 10Y Treasury yield slipped from its four-year high of 3.03% to 2.98%, with most of the move occurring before the ECB decision. 2Y yields nudged higher, from 2.47% to 2.49%, to help flatten the curve. Fed fund...

Fundamental Evaluation Series: USD/CHF vs. 2-year yield divergence
Apr 27, 2018 11:17 am UTC| Commentary Central Banks
During our evaluation period beginning 2012, the yield spread between the US 2-year bond and a Swiss equivalent has widened by almost 200 basis points but the exchange rate hasnt followed through as much as it should have...

Fundamental Evaluation Series: USDJPY vs. 2-year yield spread
Apr 27, 2018 11:15 am UTC| Commentary Central Banks
This one pair has been at odds with yield divergence throughout early 2016 as the yen benefited from risk aversion and due to market participants doubts on BoJs abilities to ease policies further. It had shown...

Fundamental Evaluation Series: 2-year yield spread vs. GBP/USD
Apr 27, 2018 11:14 am UTC| Commentary Central Banks
The chart above shows, how the relationship between GBP/USD and 2-year yield divergence has unfolded since 2012. The cozy relationship between the yield spread and the exchange rate, in this case, is quite visible. Back...