Fed Hike Aftermath Series

Fed Hike Aftermath Series: FOMC looks well divided for September meeting

Sep 13, 2016 12:06 pm UTC| Commentary Central Banks

Federal Reserves rate-setting committee, FOMC will be meeting next week on 20th and on 21st to decide upon their next move whether or not to raise rates at that meeting or not. Looking from the commentaries, it seems that...

FxWirePro: Taiwanese dollar appears to be more rates sensitive – Uphold USD/TWD longs

Sep 13, 2016 07:11 am UTC| Central Banks Insights & Views

We emphasize potential trading opportunities related to anomalies or dislocations in emerging market currencies. TWD has been too strong versus rate differentials, The TWD is more correlated to interest rate...

Key commentaries from Dennis Lockhart

Sep 13, 2016 05:31 am UTC| Commentary Central Banks

Unlike her colleague Lael Brainard, a member of the Federal Reserve board of Governors, who said that Fed should take a cautious approach in raising rates, Mr. Dennis Lockhart, President of the Federal Reserve Atlanta...

Dollar stumbled after Brainard maintained her usual dovish tone

Sep 13, 2016 04:17 am UTC| Commentary Central Banks

The dollar bulls really got disappointed after the overhyped Brainard speech proved to be just an overhyped one. As the speech was formally announced only Thursday, last week, there was a speculation that Lael Brainard, a...

FxWirePro: EUR/USD and EUR/JPY implied correlations collapse to 15-year lows

Sep 12, 2016 12:10 pm UTC| Central Banks Insights & Views

In correlation space, around 20% (see above chart), with USDJPY vols having taken off since early June in anticipation of the September BoJ meeting even as EURUSD and EURJPY vols have floundered. One interpretation of...

FX Hedging Strategy Series

FxWirePro: Delta hedge on AUD/USD’s bumpy ride as Aussie tumbles despite RBA’s status quo in cash rates

Sep 12, 2016 11:28 am UTC| Central Banks Research & Analysis

The Australian dollar was weaker, AUDUSD continuesto slide down 0.45% at 0.7506 despite the RBA left the cash rate unchanged at 1.5% and provided little forward guidance. The Banks comments on the housing market were...

Market nervous over Brainard speech

Sep 12, 2016 11:14 am UTC| Commentary Economy Central Banks

The financial market participants are cautious on todays speech by Lael Brainard, a member of the Federal Reserve board of Governors. Some newswire and analysts go ahead in calling it this years most closely watched speech...