Fed Hike Aftermath Series

Fed Hike Aftermath Series: Members more hawkish

Jan 09, 2017 12:15 pm UTC| Commentary Central Banks

The US Federal Reserve might turn out as a more hawkish one in 2017 compared to 2016, not just b because it forecasted a higher number of interest rates just like it did in the past two years but because it might actually...

MNB likely to maintain accommodative policy stance, EUR-HUF likely at 315.00 over the coming quarter

Jan 09, 2017 11:40 am UTC| Insights & Views Economy Central Banks

Following two months of decline, Hungarian industrial production growth returned to positive in November. However, growth was capped at just 0.6 percent, in both adjusted and non-adjusted terms, data from the statistics...

Renminbi Series: HIBOR crashes, so does yuan

Jan 09, 2017 08:50 am UTC| Commentary Central Banks

The interbank rate to borrow yuan for overnight loans crushed from a near record high of 61.3 percent on Friday to 14.05 percent on Monday. The rate is still elevated compared to the historical average, which is around 1-2...

FxWirePro: Trump’s protectionism threatens more Mexican peso depreciation while Banxico renders momentary cushion – DDCS to hedge USD/MXN

Jan 09, 2017 07:45 am UTC| Central Banks

In the recent past MXN eased remarkably against the dollar. This was majorly due to the appointment of important posts for the US Department of Commerce which underpins the protectionist approach of the future US...

Fundamentals to watch out for this week

Jan 09, 2017 07:19 am UTC| Commentary Economy Central Banks

This week is relatively less risk heavy due to an absence of major economic data and events. Nevertheless, there are some events scheduled this week that you might want to keep a tab on. What to watch for over the...

BoK likely to stay pat at first policy meeting of 2017

Jan 09, 2017 07:00 am UTC| Commentary Economy Central Banks

The Bank of Korea (BoK) is expected to hold its first monetary policy meeting on Friday, January 13. It is widely expected to keep its benchmark interest rate unchanged at 1.25 percent for foreseeable future as exports...

FxWirePro: Bitcoin comes as optimal hedging vehicle and also assures expectations of investment horizon

Jan 09, 2017 06:44 am UTC| Digital Currency Central Banks

The US Fed interest rates impact on bitcoin to a degree that most people will not grasp. In an evolution of currency system, weve reachedthe stage where everythingaround commerce has been digitalized, from barter to gold,...