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Central Banks: potential key drivers this week - UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Analysts at UOB Group noted Central Banks coming up.

    Key Quotes:

    "The key central to watch will be the US Fed Reserve on Thursday early morning but the broad consensus (and our projection) is that the Fed is unlikely to deliver the rate hike in October, making this potentially a non-event.

    Also out early Thursday is RBNZ rate decision in which we expect 25bps rate cut in the OCR to 2.50%. Even if the RBNZ choses to stay pat, we can expect the accompanying statement to stay dovish. Lastly on Friday, we have the second BOJ meeting in a month where we see a 60% chance of the central bank to introduce more monetary easing."
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