Central Bank Interest Rate Expectations can and do change based upon economic and market developments. The last time I provided updated CB expectations was in July (yes, I apologize for being tardy) but since then we have seen major changes in investors expect central banks to do this year and next.
Here are the [...]

Posted in Bank of Canada, Bank of England, Bank of Japan, ECB, Fed Rate Cut Expectations, Federal Reserve, Reserve Bank of Australia, reserve bank of australia intervention, reserve bank of new zealand 1 Comment »

Was on CNBC last night talking about how Central Banks could intervene to weaken the Yen if the US is downgraded or defaults

Posted in Bank of Japan, CNBC, forex blog 1 Comment »

Before you know it, the Bank of Japan will be delivering their monetary policy announcement. Far less attention has been paid to the BoJ announcement than last’s ECB or RBNZ meetings and for good reason. For the past few years, the central bank has been more reactive than proactive and never one to opt for [...]

Posted in 2010 japanese yen forecast, Bank of Japan No Comments »

It has been a while since I provided updated numbers for the market’s rate hike expectations and I will chalk it up to my travels! Rate expectations are always changing and a lot has happened over the past month. Its always important to keep track of them because they reflect what investors are [...]

Posted in 2010 japanese yen forecast, 2011 british pound forecast, 2011 cad forecast, 2011 dollar forecast, 2011 euro forecast, Bank of Canada, Bank of England, Bank of Japan, Bernanke, Fed rate hike, Federal Reserve, forex blog No Comments »

The Bank of Japan said explicitly last night that their intervention will NOT be sterilized. This is VERY good because it gives their intervention efforts a greater chance of succeeding.
Intervention by central banks is one of the most important short-term and long-term fundamental drivers in the currency market. For short-term traders, intervention [...]

Posted in Bank of Japan, Intervention, Japanese Yen, forex blog No Comments »