Regulatory Series on Cryptocurrencies: BoK’s Intentions of Digital Won Depends on Pilot-Testing
Apr 07, 2020 08:49 am UTC| Research & Analysis Digital Currency Central Banks Insights & Views
South Koreas central bank (Bank of Korea) has been functioning to design and develop a state-backed digital currency although no such intentions are aggressively put forth for an immediate release just yet. Bank of...
FxWirePro: AUD/CHF breaks above 21-EMA, near-term outlook bullish
Apr 07, 2020 08:41 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View After extending consolidation along 21-EMA in the past week, AUD/CHF has shown a breakout at 21-EMA resistance. The Reserve Bank of Australia (RBA) earlier today kept benchmark interest...
FxWirePro: AUD/JPY extends break above 21-EMA, Aussie bid after RBA's status quo policy decision
Apr 07, 2020 08:22 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 1.39% higher on the day at 67.38 at around 08:00 GMT, bias is bullish. The pair is extending break above 21-EMA with scope for further upside as the bid tone around...
Apr 07, 2020 08:03 am UTC| Research & Analysis Digital Currency Technicals 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...
Apr 07, 2020 04:52 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD remains bid in the Asian session today, trades 0.66% higher at 0.5968 at around 04:35 GMT. Broad-based US dollar retreat and rebound in oil-price supports upside amid a risk-on...
Apr 07, 2020 04:15 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading 0.42% higher on the day at 0.6112 at around 04:00 GMT, edging lower from session highs at 0.6128. The pair largely ignored Australian trade numbers and focus remains...
FxWirePro: Are Banxico Rate Cuts On Cards? Uphold USD/MXN Debit Call Spreads
Apr 06, 2020 14:18 pm UTC| Research & Analysis Central Banks
The Mexican central banks (Banxico) meeting minutes give the impression that massive rate cuts in support of the economy are rather unlikely. Even though the central bank cut its key rate by 50bp to 6.5% on 20thMarch, one...