ECB likely to change its monetary policy tune in 2018, says CIBC Capital Markets
Dec 29, 2017 10:09 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to change its monetary policy tune going into 2018, according to a recent report from CIBC Capital Markets. Political turmoil is heating up in a number of Eurozone countries....

FxWirePro: CAD vols to construct easy to Carry RV structures for NAFTA and BoC hedge
Dec 29, 2017 08:44 am UTC| Research & Analysis Insights & Views Central Banks
CAD-based implied correlations are priced well below realizeds for nearly the entire CAD-cross universe; owning CADUSD vs CADJPY corr. or a CADJPY - USDJPY vol spread is a positive carry NAFTA hedge. Notably, please be...

Dec 29, 2017 07:22 am UTC| Research & Analysis Central Banks Insights & Views
In loonys fair assessment, the monetary policy to be more decisive than oil prices. The oil performance has been instrumental in boosting the currency in 2017, even though the long-term picture suggests that the currency...
Dec 28, 2017 10:12 am UTC| Research & Analysis Insights & Views Central Banks
Funding in NOK seems to be lucrative and is substantiated as 1) limit drawdown in the event Fed policy gets upgraded more aggressively, and 2) benefit from continued drift in NOK as the Norges Bank remains at the back of...

Dec 28, 2017 09:24 am UTC| Research & Analysis Insights & Views Central Banks
The Fed was first out of the blocks with a strong policy response to the global financial crisis, while the election of Shinzo Abe as Prime Minister of Japan brought the BoJ into the fray, and by the start of 2015, the ECB...

Dec 28, 2017 09:24 am UTC| Research & Analysis Insights & Views Central Banks
The Fed was first out of the blocks with a strong policy response to the global financial crisis, while the election of Shinzo Abe as Prime Minister of Japan brought the BoJ into the fray, and by the start of 2015, the ECB...

FxWirePro: EUR/GBP technical, OTC indications in sync with fundamental driving forces
Dec 27, 2017 13:19 pm UTC| Research & Analysis Central Banks Technicals
The sterling has continued its consolidation phase, so is the case with EURGBP but in a narrow range so far (0.9032 0.8689 range from last 3 months or so). In this the holiday period, we sit in the middle of this range...
Ru and Ready: India-Russia Summit Sets the Stage for a Multi-Billion Dollar Strategic Shift