Apr 22, 2020 14:59 pm UTC| Research & Analysis Central Banks Insights & Views
Singapore will extend the circuit breaker ala lockdown by four weeks to 1-June. The sensational headlines will read that Singapore has lost control of the fight on Covid-19 as the number of cases shot up 9-fold to above...
Digital Currency Series: A Glimpse At Crude Oil’s Slump And Its Correlation With Bitcoin
Apr 22, 2020 12:35 pm UTC| Research & Analysis Digital Currency
The recent WTI crude oil price has been dramatically plunging since the beginning of the year, having tumbled from $60 levels per barrel to the prevailing $11 per barrel, a decline of 80% (refer 1st chart). The price of...
FxWirePro: Is Crude Oil Prices Really Pressuring Canadian Currency? Hedging Perspectives Of CAD
Apr 22, 2020 11:45 am UTC| Research & Analysis Insights & Views
The fact that despite the renewed collapse of the oil price, the commodity-driven currency Canadian dollars losses are limited is unlikely to be seen as an entirely positive development domestically. A weaker currency...
FxWirePro: USD/JPY confined to narrow ranges, bias neutral
Apr 22, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.06% lower on the day at 107.68 at around 10:35 GMT, after closing 0.14% higher in the previous session. The pair is extending sideways below 200-DMA, bias remains...
FxWirePro: Tour With CFTC Chair On WTI Crude Futures In Negative Territory And Hedging Review
Apr 22, 2020 10:26 am UTC| Research & Analysis Commentary Insights & Views
WTI crude futures have slid in negative zone, while spot crude prices are trading at $11.28 levels a barrel. The recent distortions on the oil market are less likely to be the cause but instead, the trigger for the market...
Apr 22, 2020 10:10 am UTC| Research & Analysis Insights & Views
CAD weakened sharply, including by more than 9% in mid-March, as the global pandemic has aggressively spread westward. On net, the currency is 5% weaker from pre-crisis levels. CAD has also managed to modestly outperform...
Apr 22, 2020 08:47 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The US-CFTC unveils a debut attempt of their science contest titled Project Streetlamp with an objective of encouraging innovative technological methodologies and tools to trace out unregistered derivatives offerings,...