Aug 11, 2020 12:32 pm UTC| Research & Analysis Digital Currency Insights & Views
Ethereums price action has been commendable in the recent times, ethers price (ETHUSD) has surged commendably (especially for this week, 53.83% jump in the last month and 12.44% so far in this month) and it has been...
FxWirePro: Deploy ‘Diagonal Put Spreads’ To Hedge NZD/JPY Ahead of RBNZ
Aug 11, 2020 08:07 am UTC| Research & Analysis Central Banks Insights & Views
This week, RBNZs monetary policy is scheduled, although it is unlikely to be dramatic for markets, since net economic developments since May are roughly neutral, the Kiwis central bank may further expand its asset purchase...
FxWirePro: WTI Crude Demand/Supply Equation & Hedging Strategy
Aug 10, 2020 15:13 pm UTC| Research & Analysis Insights & Views
WTI and Brent crude prices are drifting in sideways from the last couple of days. WTI is trading a tad below $42 a barel, while Brent is stuck tad below $45. Although it is natural to expect the sharp growth bounce over...
Aug 10, 2020 14:22 pm UTC| Research & Analysis Central Banks Insights & Views
The Turkish lira continued to sell-off towards the latter part of last week, although the momentum eased off as the weekend drew near. CBT and the banks regulator BDDK often make policy announcements such as RRR change or...
Digital Currency Revolution Series: Bitcoin On Verge Of 1-Year Highs, Alluring BTC Long Hedges
Aug 10, 2020 13:13 pm UTC| Research & Analysis Digital Currency Technicals Insights & Views
Bitcoin price action (BTCUSD at Coinbase) has been commendable since Covid19 saga, as it rebounds above $12k mark. Bulls are roaring on the verge of 1-year highs after decisive breakout of long-lasting range with the stern...
FxWirePro: Short NZD Trades Ahead of RBNZ
Aug 10, 2020 12:42 pm UTC| Research & Analysis Central Banks Insights & Views
NZD underperformed on a broad basis this week, and against both AUD and CHF. There has been little in the way of new information surrounding the RBNZs plans for potential LSAP expansion and the prospect for foreign asset...
FxWirePro: NZD Edgy Ahead of RBNZ, Kiwis MPS Preview & Hedging Perspectives
Aug 10, 2020 07:14 am UTC| Research & Analysis Central Banks Insights & Views
NZDUSD seems edgy now below 0.6618 as RBNZ is scheduled for their monetary policy for the day, we expect Kiwis central banker to aim to keep the stance of monetary policy unchanged at this MPS. There have been both...