NOK to remain under pressure as long as Norges Bank remains expansionary
Aug 29, 2016 07:20 am UTC| Commentary Central Banks
The credibility of the Norwegian central bank is at stake. This is because the longer the pace of inflation moves above the target, it becomes more difficult of the Norges Bank to convey to the market that its easy...
FxWirePro: Stay Short AUD/MXN owing to oil prices and RBA
Aug 26, 2016 13:43 pm UTC| Central Banks
Driving Forces: RBA has more reasons for further monetary policy easing. The RBA assumes inflation expectations will return to their long-term average, whereas we see a risk that they stay low for longer, helping cement...
Aussie seems costlier than Mexican Peso against dollar on political and fundamental terms
Aug 26, 2016 13:32 pm UTC| Central Banks Insights & Views
The global hunt for yield has favored the AUD, which is currently outperforming iron ore. The AUD has gained 6% against the MXN since late January on the back of the global hunt for yield. The AUD would also suffer in the...
Aug 26, 2016 12:23 pm UTC| Central Banks Commentary
As per the National Bank of PolandsMPC, the latest minutes unpredictably indicated that several MPC members are willing to consider rate cuts. This comes as a surprise because individual interviews in recent months tended...
Janet Yellen’s Jackson Hole speech preview
Aug 26, 2016 11:11 am UTC| Commentary Central Banks
Federal Reserve Chair Janet Yellen is scheduled to begin her speech in Jackson Hole economic symposium organized by Kansas City Federal Reserve, today at 14:00 GMT and the subject is Federal Reserves monetary policy...
National Bank of Poland likely to cut rates by 2016-end
Aug 26, 2016 09:16 am UTC| Commentary Central Banks
The National Bank of Polands Monetary Policy Committees latest minutes surprisingly indicated that many MPC members are ready to consider lowering interest rate. This is unexpected as individual interviews in recent months...
FxWirePro: Derivatives strategy for EURIBOR as ECB continue to be dovish until Christmas
Aug 25, 2016 13:34 pm UTC| Central Banks
Long-term hedge against higher rates: As the EUR long rates have moved lower and the yield curve has flattened, there is increasing interest in long-term hedges against a scenario of rates eventually moving higher. EUR...
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