Why did many central banks intervene in the market?
Just recently we’ve seen two instances of intervention: FX intervention by the Bank of Japan (BoJ) and Bank of England (BoE) intervention in the gilt market.
Just recently we’ve seen two instances of intervention: FX intervention by the Bank of Japan (BoJ) and Bank of England (BoE) intervention in the gilt market.
The open market operations (OMO) have been more stable this month after the State Bank of Vietnam (SBV) reduced its intervention in the market.
With inflation rising dramatically, the critics are out and, not surprisingly, central banks are in the firing line.
The State Bank of Vietnam (SBV) has so far this year sold about 12-13 billion USD to stabilise the domestic forex market, according to Viet Dragon Securities Corporation...
A survey by the Bank for International Settlements (BIS) published in May states that there are currently 81 countries participating in Central Bank Digital Currency...
Central bankers continue to claim that inflation can be tamed without causing recessions.
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating...
Major central banks have two main avenues to tighten financial conditions: higher rates and quantitative tightening.
A large number of central banks have lifted policy rates already and many more are waiting in the wings to kick off their own rate-hike cycles. However, a balancing act...
Some central banks hiked rates for the second month, while some others prepared for the first rate hike. How will this policy impact the currency market?
A plethora of central bank meetings this week will hog the headlines and possibly dictate short-term, if not longer-term currency movements.
The major central banks will all hold monetary policy meetings next week. But while some, such as the ECB and Bank of England seem to be suggesting that Omicron-related...
Market volatility might be more limited this week given the US Thanksgiving holiday on Thursday, but we see a little let-up in the broader trend of rising volatility as...
As some G10 central banks start to lift policy rates, or seemingly get close to rate hikes, so others that appear further behind in the rate-hike cycle are being dragged...
Just how the Fed and other central banks respond to the rise in inflation is clearly going to be critical for how financial markets perform.
Central banks have issued new policies are suited to fighting the “new” war, which is against inflation, not deflation.
The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement.
At the moment, there are many views of inflation, in which FED said that it is a little less transitory. How will central banks tighten monetary policy?
Some central banks around the world started to raise rates after a long time of the accommodative monetary policy. What is the reason for this rates hike?
The inflation in many countries has increasingly gone up, so many people wonder which central bank will be the first one to hike rates?
The risk of policy mistakes from government and central banks is high because of Covid-19. This is not just because nobody has lived through a global pandemic before; it...
The most significant example of ongoing intervention in FX has been from the Swiss National Bank (SNB) as it tries to stop the franc from rising too rapidly against the...