BoC likely to raise overnight rate by 25bps next Wednesday, says Scotiabank
Sep 01, 2017 08:20 am UTC| Commentary Central Banks Economy
The Bank of Canada (BoC) is expected to raise its overnight rate by 25 basis points at its next meeting on September 6 and maintain a neutral-hawkish bias in a nod to how there are further hikes to come beyond simply...
Bank of Korea likely to keep monetary policy accommodative, adopt wait-and-see approach
Aug 31, 2017 22:24 pm UTC| Commentary Central Banks
The South Korean central bank, Bank of Korea kept its key interest rates on hold at 1.25 percent on Thursday, as was widely anticipated. It has kept its rates unchanged since lowering by 25 basis points in June 2016. The...
FxWirePro: Deploy Call ratio spreads to hedge USD/KRW on status quo BoK
Aug 31, 2017 13:01 pm UTC| Research & Analysis Central Banks Insights & Views
Bank of Korea (BOK) stood pat to maintain rates unchanged at 1.25% as broadly anticipated. The rates were left on hold since cutting by 25bp in June-2016. The economy is advancing with the Korean central bank projection of...
Aug 31, 2017 10:36 am UTC| Research & Analysis Central Banks Insights & Views
Well, after all, it seems puzzling whether levels well above 1.20 for EURUSD and 0.9306 for EURGBP might be too much for ECB President Mario Draghi and his colleagues on the ECB council. Despite the fact that European...
BoE MPC member Michael Saunders lays out case for rate hike
Aug 31, 2017 08:19 am UTC| Commentary Central Banks
Bank of Englands (BoE) Monetary Policy Committee (MPC) member Michael Saunders laid out a case for rate hike during a speech on Thursday. He said that the UK labor market is quickly approaching full employment, while the...

Aug 31, 2017 07:03 am UTC| Research & Analysis Insights & Views Central Banks
Please be noted that the implied vols of euro crosses have been shrinking lower in spite of the series of data flows are lined up. German retail sales (actual -1.2% versus consensus -0.5% and previous 1.1%), German and...
EUR/CZK likely to decline gradually to around 24.5 in one year’s time, says Commerzbank
Aug 30, 2017 22:14 pm UTC| Commentary Central Banks
Sine Tuesday afternoon, the EUR/CZK pair has declined sharply after the Czech National Bank board members spoke about the requirement to hike rates again. The vice governor in particular and board member Marek Mora cited...