Brazilian Central Bank likely to begin rate cutting cycle later this year
Aug 31, 2016 11:55 am UTC| Commentary Central Banks
The Central Bank of Brazil had hiked its benchmark interest rate in late July 2015 for the last time by 50 basis points to 14.25 percent. Thus Brazil displays considerable positive real interest rates. The central bank has...
Aug 31, 2016 06:50 am UTC| Central Banks
USDJPY has been spiking closer to 103.223 which is the major resistance at this juncture, jumping to levels above 101.2463 (21DMA) on Friday. Japanese inflation pressure has been long lasting and in the recent past, it...
FxWirePro: Euro rates hedging ahead of ECB monetary policy
Aug 30, 2016 12:46 pm UTC| Central Banks Commentary
Long-term hedge against higher rates: ECB is scheduled to deliver monetary policy on 8th September, as EUR long rates have drifted lower and the yield curve has flattened, there is increasing interest in long-term hedges...
Key commentaries from Fed’s Fischer
Aug 30, 2016 12:23 pm UTC| Commentary Central Banks
Speaking to Bloomberg TV on Tuesday, vice chair of the U.S. Federal reserve, Stanley Fischer reiterated his previous views with regard to the economy, however speaking on rate cuts, Mr. Fischer toned down his previous...
Aug 30, 2016 11:51 am UTC| Central Banks Commentary
After a brief jump in GBPUSD above trend resistance at 1.3215, but could not sustain the highs of 1.3279 (pre-Yellen), we have seen a sharp reversal in Cable with the pair now consolidating back in the channel spanning...
Aug 30, 2016 11:21 am UTC| Insights & Views Technicals Central Banks
Longs USDTWD on its attractive carry are encouraged as the China exposure sentiment toward EM currencies could be in the process of shifting and we prefer to focus on regional low yielders in expressing a bullish dollar...
Aug 30, 2016 09:16 am UTC| Central Banks Commentary
After having risen sharply to 24.8459 around end-June because of the Brexit vote, USDCZK has slipped all the way back towards its 23.7740 floor over the past two months. Meanwhile, CNB has refrained from extending the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects