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      NBH leaves rates at 1.35%

      FXStreet (Edinburgh) - The Hungarian central bank has matched market expectations at today’s meeting, leaving the country’s benchmark rate unmoved at 1.35%.

      In addition, the central bank has informed that “the three-month deposit will replace the former two-week deposit as the main policy instrument of MNB”.

      High conviction trade: Go long USDCAD – Westpac

      Research Team at Westpac, suggest that go long in USD/CAD from 1.3238 (stop at 1.3100) as their process remains bullish USD/CAD even as the price action in the immediate wake of the FOMC saw our position exited.
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      USD: Fed rate is coming in 2015- MUFG

      Lee Hardman, Research Analyst at MUFG, suggests that the US dollar has continued to rebound overnight recovering recent lost ground against Asian currencies and it is deriving support from comments by Fed officials which are keeping alive expectations that they will begin to raise interest rates this year.
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