We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Bearish
USD/JPY
Bullish
Gold
Mixed
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Mixed
More View more
Breaking news

Australian Employment Change Rose: 13.5k, Est: 10.0k with Participation Rate: 66.1%, Est: 66.0%

FOREX CENTRAL BANK WATCH: Interest Rate Expectations Rise Across the Board

FOREX CENTRAL BANK WATCH: Interest Rate Expectations Rise Across the Board

2011-02-04 02:49:00
DailyFX Research,
Share:

Central Bank

Current

Interest Rate

Next Policy

Decision Expectation

Market Conviction*

1-yr Exp**

Federal Reserve

0.00% - 0.25%

No change on 03/15

High

+33bps

European Central Bank

1.00%

No change on 03/03

High

+87bps

Bank of England

0.50%

No change on 02/10

High

+77bps

Swiss National Bank

0.25%

No change on 03/17

High

+28bps

Reserve Bank of Australia

4.75%

No change on 03/01

High

+40bps

Bank of Canada

1.00%

No change on 03/01

High

+61bps

Reserve Bank of

New Zealand

3.00%

No change on 03/09

High

+58bps

Bank of Japan

0.10%

No change on 02/15

High

+4bps

*Market Conviction is based on Overnight Index Swaps. A higher level of conviction implies a greater likelihood that the next policy decision expectation is accurate.

**Represents the number of basis points interest rates are expected to rise or fall over the next year.

Daily Update: Interest rate expectations rose across the board as the lowest unemployment rate since April 2009 in the U.S. spurred optimism about the global economy. Both ECB and BOE expectations are now at 1-year highs.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.