Apr 07, 2020 14:40 pm UTC| Research & Analysis Central Banks Insights & Views
One week after Moodys rating downgrade the rating agency Fitch has further downgraded its sovereign rating for South Africa, now taking it to two steps below investment grade, and has also given it a negative rating...
Digital Currency Revolution Series: Are Purposes of Cryptocurrencies Serving Amid Crunch Time?
Apr 07, 2020 13:21 pm UTC| Research & Analysis Digital Currency Insights & Views
We all know that the essence and concept of cryptocurrency was incepted during the last global financial crisis. An anonymous person named Satoshi Nakamoto came up with the frameworks of pioneer cryptocurrency (namely,...
FxWirePro: Daily Commodity Tracker - 7th April, 2020
Apr 07, 2020 12:13 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Neutral Oscillators: Neutral (bias higher) Bollinger Bands: Shrinking on the daily charts, Widening on Weekly and...
Digital Currency Revolution Series: Is Bitcoin’s Upsurge Stable Ahead of Block Reward Halving Event?
Apr 07, 2020 11:58 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin (BTCUSDat Coinbase) price has been stabilized and regained the buying sentiments amid the struggle of the financial markets due to pandemic outbreak. The price of bitcoin has now reclaimed $7,000 levels and...
FxWirePro: EUR/GBP consolidates above 200-DMA, scope for further recovery
Apr 07, 2020 11:44 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP shows signs of further recovery. The pair has held above 0.88 handle and was trading 0.23% higher at 0.8838 at 11:20 GMT. The pound is under pressure after reports mentioned...
Apr 07, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY has bounced off session lows at 108.67 and was trading at 109.10 at 10:40 GMT. The pairs near-term outlook has turned bullish after breakout at 200+DMA resistance on Mondays...
FxWirePro: Driving Forces of GBP/JPY, OTC Outlook And Hedging Strategies
Apr 07, 2020 10:54 am UTC| Research & Analysis
GBPs performance ranks mid-table over the past month (+0.5% vs USD, -2.5% vs EUR) as the global impact of the coronavirus has come to dominate GBPs local difficulties with Brexit. But even though Brexit is now being...