Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update Advertisement Central Bank Watch Overview: As the rise in global bond yields has steadied in recent weeks, nascent rate hike expectations have cooled off at each of the commodity currency central banks. The drop in rate hike expectations is in line with otherwise clear guidance that BOC, RBA, and RBNZ main rates will remain on hold for the foreseeable future. Retail trader positioningsuggests that the near-term outlook is choppy for the commodity currencies. Central Bank Push Back Working, For Now In th...
Source: dailyfx.com