FxWirePro: Lira Vulnerable On Turkish Macroeconomic Factors - Bid 2m USD/TRY Skews And Hedging Setup
Jan 02, 2020 12:58 pm UTC| Research & Analysis
Turkish GDP expanded 0.40% in the third quarter of 2019 over the previous quarter. And the annual inflation rate increased to 10.56% in November 2019 from a near three-year low of 8.55% in the previous month, and...
Between Long Liquidation In H2 And Short Squeezing In H1, Bitcoin Gains More Than 100% In 2019
Jan 02, 2020 10:52 am UTC| Research & Analysis Digital Currency
Although bitcoin began 2019 very resoundingly, struggled a bit in the second half of the year. But, between the long liquidation and short squeezing, bitcoin gains more than 100% In 2019. BTCUSD has been oscillating...
Jan 02, 2020 09:24 am UTC| Research & Analysis
GBPUSD after pulling back from recent peaks of 1.3514, the pair has regained the buying momentum. The minor trend has taken trend line support at 1.2904 levels and spikes above 7 21-DMAs. On the balance, the structural...
Global Banks' Inclination For Blockchain And Cryptography
Jan 02, 2020 07:12 am UTC| Research & Analysis Digital Currency
With sovereign governments and their central banks across the globe have been exploring the essence and the opportunities of CBDC (Central Bank Digital Currency) foreseeing a swift transformation phase in the prevailing...
Turkish Bank Launches ‘GA BiGA Digital Gold’ On Blockchain Platform
Jan 02, 2020 06:01 am UTC| Research & Analysis Digital Currency
Turkey-based Takasbank introduces physical gold-backed transfer system on a blockchain-based platform. Takasbank who are in the business of clearing, collateral, risk management and central counterparty to the capital...
A Run Through on EM-Asia FX Outlook and Derivatives For H1 2020
Dec 31, 2019 14:06 pm UTC| Research & Analysis
Strong directional views around the USD/Asia outlook were generally absent, but there is a slight skew for pro-risk trades to start 2020. Short USDCNH appears to be a widely held consensus view (as well as position) for a...
A Quick Glimpse At Currency Dynamics And Appraisals By Global Organizations In This Decade
Dec 31, 2019 13:23 pm UTC| Research & Analysis Digital Currency
In the advanced era of FinTech, our medium of exchange (currency system) has seen paradigm shift in the last 3-4 centuries. There has been a commendable transformation in the global currency system that has brought us ease...