A Quick Glimpse At FX Derivatives Markets Amid Pandemic Atmosphere
Mar 16, 2020 05:48 am UTC| Research & Analysis
The greenback has seen an abundant broad-based selling, by both funds and asset managers. However, DXY has since rebounded sharply, as USD liquidity becomes an issue. We expect USD positioning to remain volatile after the...
Quick Run Through on DeFi’s Adoptability That Comes As Blessing In Disguise
Feb 19, 2020 14:51 pm UTC| Research & Analysis Digital Currency Insights & Views
DeFi has been getting its traction of late within the gamut of FinTech, growing form of Decentralized Finance (DeFi), where individuals are able to access financial services without the involvement of a bank or third...
FxWirePro: Options Straps To Hedge EUR/AUD Ahead of RBA
Feb 19, 2020 13:52 pm UTC| Research & Analysis Central Banks
The action on currency markets yesterday saw the euro remain on the back foot. Once again, weak macro data weighed on the currency. The German ZEW measure of economic sentiment dropped sharply in February. For the Aussie...
FxWirePro: Spotlight On Aussie, Euro Rates And Strategies Ahead of RBA
Feb 19, 2020 13:09 pm UTC| Research & Analysis Central Banks Insights & Views
RBAs monetary policy meeting is scheduled on 3rdMarch, the rates markets are pricing a 5% chance of easing at the coming meeting (broader consensus is status quo), and a terminal rate of 0.46% (RBA cash rate currently at...
Citi Jumps On The Bandwagon Of Blockchain For Trade Finance Business
Feb 19, 2020 09:15 am UTC| Research & Analysis Digital Currency Commentary
Many global banking giants have been on top of blockchain technology in the recent past and already begun deploying the new technology for some of their core banking businesses, just like trade finance, custody services,...
Feb 19, 2020 05:55 am UTC| Research & Analysis Digital Currency Technicals
Bitcoin (BTCUSD) bullish price rout has recently completed saucer pattern chart formation. The pair briefly halted at $10,522 level and showed some price exhasutiveness to plunge below 7-DMAs and $10k mark. Currently,...
Regulatory Concerns Revolving Around Crypto-Industry Ahead of 2020 US-Election
Feb 19, 2020 05:29 am UTC| Research & Analysis Digital Currency
The organic depreciation pressures likely will take the dollar higher in 2H as domestic growth is expected to moderate and likelihood of further trade deals become difficult with the U.S. election cycle kicks in. While...