FxWirePro: Outright trades for resilient EMFX basket ahead of yet another FED hike
Jun 09, 2017 09:30 am UTC| Central Banks Insights & Views
The US dollar firmed slightly and US bond yields are slightly higher. Markets werent too rattled by either Comeys testimony or the ECB decision. After the recent volatility, the CNH market should calm down while the...
FxWirePro: The Day Ahead- 9th June 2017
Jun 09, 2017 04:44 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: Consumer price inflation declined by 0.1 percent in May, up 1.5 percent from a year...
ECB keeps policy rates and QE program unchanged, future steps likely to be very gradual
Jun 08, 2017 22:09 pm UTC| Commentary Central Banks
As anticipated, the European Central Bank Governing Council changed its communication during its meeting earlier today. It removed the possibility for lower rates and saw risks to economic outlook as balanced and not...
FxWirePro: Who wins among RIKSBANK, RBNZ or GDT index to stimulate NZD/SEK optionality trades?
Jun 08, 2017 12:49 pm UTC| Research & Analysis Insights & Views Central Banks
The RBNZ has signaled the next cycle a tightening one will not start until the end of 2019. That will anchor the short end, although markets will not abandon their expectations for tightening as early as mid-2018 which...
FxWirePro: A glimpse through European interest rate derivative on ECB’s status quo monetary policy
Jun 08, 2017 12:26 pm UTC| Central Banks Insights & Views
ECB today has maintained status quo in its monetary policy, keeping minimum bid rate unchanged at 0.00% which was widely expected. In upcoming ECB press conference, with no policy change, market players are focusing on how...
ECB Monetary Policy: No more rate cuts as reference to further cuts stopped
Jun 08, 2017 12:16 pm UTC| Commentary Central Banks
The European Central Bank (ECB) kept monetary policy unchanged at its todays meeting in Estonia. More importantly, it has removed a reference to further rate cuts. While the central bank kept its deposit rate at the record...

FxWirePro: Stay short AUD vs EUR, CHF, and long CHF vs USD ahead of SNB’s monetary policy
Jun 08, 2017 12:10 pm UTC| Central Banks Insights & Views
The RBA outlook (on hold for some time) is anchoring front end valuations. We expect 3yr swap rates to remain in a 1.8% to 2.3% range, with core inflation still below 2%. While AUD money markets rates have rallied by...