FxWirePro: Stay short USD/JPY through a put fly amid scepticism from BoJ’s easing

Sep 14, 2016 13:15 pm UTC| Central Banks

USDJPY was a notable beneficiary from Yellens policy musings and renewed speculative enthusiasm to own the cross as the FED and BoJ meetings have prevented the cross from retracing in line with the rest of the dollar...

FxWirePro: EUR/CHF OTC reluctant to gain momentum, IVs least among G10 despite SNB’s monetary policy – Iron condors for speculating choice

Sep 14, 2016 12:41 pm UTC| Central Banks Insights & Views

FX OTC market has been reluctant for Swiss franc despite SNBs monetary policy tomorrow. Please be informed that the implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency...

Swiss National Bank likely to keep policy on hold on Thursday

Sep 14, 2016 10:59 am UTC| Commentary Central Banks

The Swiss National Bank is expected to keep its monetary policy on hold tomorrow, said Societe Generale in a research note. The U.K. Brexit referendum and recent ECB action has not led to considerable pressure on the Swiss...

BoE likely to stay pat at Thursday's meeting, minutes in focus for any changes to its easing bias

Sep 14, 2016 10:54 am UTC| Insights & Views Central Banks

After delivering a comprehensive package of policy easing measures in August, the Bank of England (BoE) is widely expected to stay pat at Thursdays meeting. Focus is likely to be on the wording in the minutes which are...

Bank of Thailand keeps benchmark rate unchanged, likely to remain on hold through 2016

Sep 14, 2016 09:58 am UTC| Commentary Central Banks

As expected, Bank of Thailand kept its benchmark rate on hold at 1.5 percent under a unanimous vote. The Thai central bank last cut its policy rate in April 2015, when the prospects of economic growth had...

FxWirePro: Stay short in Sterling via “Diagonal Credit Put Spread” bidding neutral delta risk reversal ahead of BoE’s unlikely changes in OBR

Sep 14, 2016 08:04 am UTC| Research & Analysis Insights & Views Central Banks

In terms of sterlings currency markets, GBP crosses fell by around 1.14% yesterday versus the USD and euro but regained today slightly about 0.17%. Moves lower in the currency may be partly due to some caution/uncertainty...

Japan’s industrial production registers surprise fall in July, BoJ to remain in limelight next week

Sep 14, 2016 07:02 am UTC| Commentary Economy Central Banks

Industrial production in Japan, a broad measure of factory output registered a surprise fall during the month of July; however, the Bank of Japan (BoJ) is expected to steal the limelight in its monetary policy meeting...