
FxWirePro: Prefer USD/MXN gamma neutral calendar skews on carry-to-vols ratio and Banxico hikes
Apr 07, 2017 09:43 am UTC| Central Banks Research & Analysis Insights & Views
Banxico hiked 25bp; we see limited MXN gains but prefer calendar skews at the current juncture. Banxico has hiked its policy rate 25bp to 6.5% and signaled a shift in gears towards a slower pace of tightening...
FxWirePro: Stay short EUR/CZK on CNB’s macro projection
Apr 07, 2017 07:16 am UTC| Central Banks Insights & Views
EURCZK spot and forward exchange rates as well as Czech interest rates went through huge volatility yesterday after the Czech National Bank ended its EURCZK floor mechanism at an extraordinary board meeting. The EURCZK...

Apr 07, 2017 06:54 am UTC| Central Banks Research & Analysis
The Antipodean pair now wants to retest the 1.0800 area, which looks vulnerable to giving way to 1.0750. We expect NZD to fall through this year, reaching 0.63 at year-end. The support to growth from migration will...
Singapore’s MAS likely to keep rates on hold next week, says Scotiabank
Apr 07, 2017 06:51 am UTC| Commentary Central Banks Economy
The Monetary Authority of Singapore (MAS) is expected to hold its benchmark interest rate at the monetary policy meeting scheduled to be held late next week with an expansionary budget unveiled on 20 February, maintaining...
FxWirePro: The Day Ahead- 7th April 2017
Apr 07, 2017 05:22 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Labor cash earnings up by 0.4 percent y/y in February. Leading economic index...
Bank of England’s Vlieghe warns of consumer slowdown, reiterates need for caution on interest rates
Apr 06, 2017 13:32 pm UTC| Commentary Economy Central Banks
Speaking at Bloombergs European headquarters in London on Wednesday, Bank of England (BoE) policy maker Gertjan Vlieghe said that there is no need for interest rate rise soon. He warned that consumer finances are...

FxWirePro: What drives loonie’s vulnerability - Stay short CAD vs AUD and USD
Apr 06, 2017 12:57 pm UTC| Central Banks Insights & Views
The monetary policy divergences driving USDCAD sharply higher the past two weeks were only half surprising. To be sure, the recent sharp rise in US yields driven by hawkish Fed speech came as a surprise to markets. The...