FxWirePro: Hanging sword on sterling - Stay short GBPCHF in cash, long 1Y EURGBP vol swap
Mar 22, 2018 10:03 am UTC| Research & Analysis Central Banks Insights & Views
The weaker than expected inflation in February had briefly caused doubts on the market about an imminent Bank of England (BoE) rate hike. But the doubts were already cast aside by improved wage data yesterday. What matters...
Mar 22, 2018 09:43 am UTC| Commentary Central Banks
The pound has remained buoyant despite the domestic political trouble, riding on speculation that higher inflation would force the Bank of England (BoE) to increase interest rates, a materially weak dollar, better than...

Mar 22, 2018 07:37 am UTC| Research & Analysis Central Banks Insights & Views
The Fed unsurprisingly delivered the sixth rate hike in the current cycle. The target range for the federal funds rate is now at 1.50%-1.75%. Considering the recent hawkish turn in Fed communications, markets were more...

Mar 22, 2018 07:08 am UTC| Research & Analysis Central Banks Insights & Views
The Fed unsurprisingly delivered the sixth rate hike in the current cycle. The target range for the federal funds rate is now at 1.50%-1.75%. Considering the recent hawkish turn in Fed communications, markets were more...
RBNZ monetary policy: Assessing future bias
Mar 22, 2018 05:57 am UTC| Commentary Central Banks
Reserve bank of New Zealand (RBNZ) kept monetary policy unchanged with rates at 1.75 percent. Lets see in the monetary policy, how the bias stands for future actions, The outlook for global growth continues to...
FOMC Monetary Policy March 2018: Assessing future bias from statement and projection materials
Mar 22, 2018 05:44 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 150-175 basis points. Lets first assess the bias in monetary policy statement...
U.S. FOMC hikes federal funds target rate range by 25 bps
Mar 21, 2018 19:43 pm UTC| Commentary Central Banks
The U.S. Federal Open Market Committee, today, hiked its federal funds target rate range by 25 basis points to 1-1/2 to 1-3/4 percent, as widely anticipated. The FOMC statement noted that the economic outlook has...