No FX intervention by DN in April on weaker DKK against EUR
May 02, 2017 16:38 pm UTC| Commentary Central Banks Economy
Denmarks central bank, Danmarks Nationalbank, had actively sold DKK in February and in March as part of its ongoing defence of the peg. But the DKK depreciated a bit against the euro in April, and thus the central bank did...
Fed Hike Aftermath Series: Hike odds review ahead of FOMC tomorrow
May 02, 2017 07:36 am UTC| Commentary Central Banks
The US Federal Reserve is set to announce its interest rate decision tomorrow. In March, it has forecasted two more hikes of 25 basis points each, after increasing rates by 25 basis points in that meeting. However, as the...

FxWirePro: AUD/USD macros, forecasts, and OTC indications
May 02, 2017 07:09 am UTC| Research & Analysis Insights & Views Central Banks
The RBA policy decision is expected to be on hold. The minutes of the April meeting singled out labor and housing markets as key areas being monitored closely. The stronger than expected jobs gains in March and new...
RBA monetary policy: Assessing future bias
May 02, 2017 05:26 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the global...
FxWirePro: The Day Ahead- 2nd May 2017
May 02, 2017 04:25 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Markit services PMI declined to 52.2 in April compared to 52.9...
Fundamentals to watch out for this week
May 01, 2017 11:30 am UTC| Commentary Economy Central Banks
This week is filled with risk heavy data and events. What to watch for over the coming days: Central Banks: Federal Reserve will announce interest rate decision on Wednesday. Reserve Bank of Australia (RBA)...

Central Bank of Russia surprisingly cuts key interest rate by 50 bps
Apr 28, 2017 17:55 pm UTC| Commentary Central Banks
The Central Bank of Russia surprisingly lowered its key interest rate today by 50 basis points. This was a real test of the central banks independence as there has been major pressure from authorities in Russia pushing for...