BoA: Prepare To Fight The Central Banks

Evidence suggests that pricing pressures may force some central banks to give up easing policies this year, and this theme is likely to become the next big trade in FX. That’s according to a Bank of America Merrill Lynch FX strategy research report titled, “Prepare to fight the central banks”.

Central Banks: Communication The Best Policy, But The Fed Is Not Talking

The report, which was sent out to clients on Wednesday, speculates that markets have now stopped focusing on what central banks are doing, and traders have now started to position themselves according to what they believe central banks may or may not do in the near-term.

Central banks: The environment is changing 

In recent years, FX traders and...