Aug 07, 2020 08:26 am UTC| Research & Analysis Insights & Views
OI late, majority of views that justify higher EURUSD or soft dollar in the long-term, which is why we have raised our projections for year-end from 1.14 to 1.21 and for year-end 2021 from 1.18 to 1.24. Such projection...
Aug 07, 2020 07:43 am UTC| Research & Analysis Insights & Views
The US labor market report today is the first important indication of how the second wave of Covid-19 pandemic is affecting the economic recovery in the US. It is generally expected that the rise in employment has slowed...
Jul 30, 2020 14:25 pm UTC| Research & Analysis Insights & Views
The Mexican results for Q2 GDP is published today. The Mexican economy shrank 17.3 percent on quarter in the three months to June 2020, following a 1.2 percent contraction in the previous period and compared with market...
FxWirePro: Relative Value Construction For Non-Directional CNY & Dollar’s Softness
Jul 30, 2020 14:02 pm UTC| Research & Analysis Insights & Views
The dollar tended to strengthen in the past few rounds of trade tensions; however, at this juncture dollar has been falling like a stone although the US-China relations are sour. Putting this into CNYs perspective, this...
FxWirePro: Deploy 3-Way Straddles For GBP/AUD Ahead of BoE & RBA
Jul 30, 2020 11:12 am UTC| Research & Analysis Central Banks Insights & Views
GBPAUD has gained almost 1.29% so far in this month, the pair has continued yesterdays marginal gains from 1.8080 to the current 1.8192 levels. We have turned modestly positive in GBP through 2021. But the Aussies...
FxWirePro: GBP/AUD Gains Momentum But Is It Momentary? Deploy Directional Hedges
Jul 30, 2020 09:06 am UTC| Research & Analysis Central Banks Insights & Views
GBP has gained support from progress in trade talks with the EU in July, even though the two parties remain far apart. GBPAUD has gained almost 1.29% so far in this month, the pair has continued yesterdays marginal gains...
Fidelity Lauds Bitcoin By Calling It As ‘Aspirational’ Store of Value’
Jul 30, 2020 07:40 am UTC| Research & Analysis Digital Currency Commentary
Various Wall Street players like JP Morgan to Wells Fargo, are involved in the constant technological upgradation like blockchain deployment and buzzing crypto and tokenization trend, yet another banking giant, Fidelity...