FxWirePro: Maintain shorts in NZD/CAD on valuation as rate cut hopes by RBNZ still linger owing to disinflation and China slowdown

Aug 23, 2016 05:24 am UTC| Central Banks

The current prices of NZDCAD hold stronger at supports of 0.9307 despite gravestone doji, upswings likely to drag further but the stiff resistance seen at 0.9517 levels. On a broader perspective, the triple top formation...

Fed Hike Aftermath Series

Jackson Hole event could provide more clarity about timing of the next Fed hike

Aug 22, 2016 14:14 pm UTC| Commentary Central Banks

U.S. Federal Reserves Jackson Hole meeting scheduled this week could produce some hints about the timing of a further interest rate hike. The Jackson Hole event has previously been a platform for the Federal Reserve to...

RBNZ’s tightening loan-to-value restrictions likely to be effective from Sep 1

Aug 22, 2016 11:35 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand has tightened the loan-to-value restrictions (LVR) for residential lending during a decision undertaken in July, which is likely to be effective from September 1, 2016. The central bank...

Jackson Hole could focus on possible shifts in U.S. long-term strategies

Aug 22, 2016 10:54 am UTC| Insights & Views Central Banks

The annual Jackson Hole conference titled Designing Resilient Monetary Policy Frameworks for the Future scheduled to be held from 25-27 August is expected to shed some light on the future path of Fed rate hikes. The...

Indonesia’s domestic conditions warrant additional easing, BI lowers 2016 growth outlook

Aug 22, 2016 10:02 am UTC| Commentary Central Banks

Bank Indonesia kept the new reference rate at the same level during its unusually long meeting on 18th -19th August. The level was maintained at the level seen during the reference period. This is despite the continuous...

Fundamentals to watch out for this week

Aug 22, 2016 08:54 am UTC| Commentary Economy Central Banks

Compared to last week, this week is more risk heavy, filled with central banks speakers. What to watch for over the coming days: Jackson Hole: The major focus for the week is on Jackson Hole symposium...

FX Hedging Strategy Series

FxWirePro: ECB to influence with its QE stimulus in euro zone – EUR/AUD 1m IV skews signals EUR OTM call strikes and AUD puts

Aug 22, 2016 06:35 am UTC| Central Banks Insights & Views

We are foreseeing for excess reserves at the ECB to rise above EUR 1,000 bn. Although the European central bank is pumping in money by buying securities worth EUR 80 bn every month and hence increasing the excess reserves...