Jun 26, 2020 11:40 am UTC| Research & Analysis Economy Insights & Views
USDCAD has fallen a sizable 4% since our last publication, but this is reflective entirely of the broad dollars anti-cyclical properties and negative beta to risk, and is not indicative of outright CAD outperformance. CAD...
FxWirePro: NOK RV Trades – Add longs Against 50:50 Basket of GBP & CAD; Squared-off Vs USD
Jun 26, 2020 07:59 am UTC| Research & Analysis Insights & Views
The outlook for NOK is cautiously optimistic in 2H on several factors. An outsized fiscal response necessitated sales from the sovereign wealth fund thus causing the NB to buy NOK/sell FX in record amounts. Combined with...
Jun 26, 2020 06:06 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The regulatory authorities across the globe have been very meticulous on the scope for fraudulent acts by the crypto-space. Especially, time and again, the U.S. SEC has always kept cautionary eye on the crypto regulation,...
Jun 26, 2020 05:35 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin options of monthly quarterly volumes worth $1 billion is due for expiry. This is going to be the largest options expiration till date that usually appears to cause the huge volatility ahead of this event. However,...
Jun 25, 2020 14:30 pm UTC| Research & Analysis Insights & Views
GBP appears to be one of the most vulnerable currencies to pandemic COVID-19, not only because the damage to public finances is larger than most other countries (a 2020 fiscal deficit of 16% of GDP), but also because the...
FxWirePro: The Bullish/Bearish Driving Forces Of EUR/USD, OTC Updates And Options Strategy
Jun 25, 2020 13:27 pm UTC| Research & Analysis Insights & Views
Bearish EURUSD Scenarios: 1) A second Covid-19 wave undermines risk markets and does further damage to EUR public finances. 2) Dilution of the EU recovery fund to favour more loans/fewer transfers. 3) UK leaves...
FxWirePro: Three Forces Driving Optimism In EUR/USD And FX Derivatives Trades
Jun 25, 2020 09:23 am UTC| Research & Analysis Insights & Views
The fundamental forces contributing to the less pessimistic view of EURUSD now are threefold: First, the proposals for a degree of fiscal burden sharing through the EUs recovery fund (circa 5% of regional GDP spread...