AUD/USD touches 0.7000 once again For bank trade ideas, check out eFX Plus The dollar remains on the back foot as we get things going, with the greenback down to session lows across the board. EUR/USD is up to 1.1368 and notably, AUD/USD is back up to the 0.7000 handle after having snapped eight days […]
Blogs
FX option expiries for Thursday June 11 at the 10am NY cut
EUR/USD USD/JPY GBP/USD NZD/USD EUR/GBP For bank trade ideas, check out eFX Plus
FX option expiries for Wednesday June 10 at the 10am NY cut
EUR/USD USD/JPY AUD/USD For bank trade ideas, check out eFX Plus
PBOC announces adjustment to its daily open market operations timing window
The changes will go into effect starting from tomorrow (12 June) – Daily OMOs to take place between 0900 to 0920 local time now – Will issue announcement at 0900 local time if no OMOs conducted Just one to take note for the daily yuan fixing and OMOs by the PBOC. For some context, the […]
BOJ's Kuroda: Ready to take all necessary steps to combat fallout without hesitation
BOJ governor, Haruhiko Kuroda, speaks in parliament – Government and BOJ need to take all steps necessary and flexibly – Protecting jobs, businesses among the most vital things now For bank trade ideas, check out eFX Plus
ECB's Lane: PEPP has proven to be particularly effective
ECB chief economist, Philip Lane, comments in an interview – We are ready to do everything to restart the economy – ECB acted to counter substantial negative inflation shock For bank trade ideas, check out eFX Plus
FOMC recap: Powell not taking away the punch bowl
A recap of the headlines from yesterday For bank trade ideas, check out eFX Plus The Fed largely and the key takeaway for me is that Powell & co. refused to take away the punch bowl, but they're not exactly goosing the market too much either.
Fed's Powell press conference – the one thing that was missed in it
A point I have not seen discussed re the FOMC on Wednesday and specifically Chair Powell's comments were just how downbeat he seemed. Adam posted his: Six things we learned from Powell and the FOMC
Central bank negative rates losing 3-2
Looking at the for and against score card for negative rates from the major DM CBs; For (bring 'em on!) say the – Bank of England – and Reserve Bank of New Zealand Both of these two have flagged sub zero as a policy option ahead.
Bank of Japan monetary policy meeting next week – preview
BOJ meet on Monday 15 June and Tuesday 16 June There are few expecting anything of note for policy moves, with the Bank in monitoring mode, assessing the impact of moves taken already. Since March the Bank has said it'll: