May 27, 2020 15:26 pm UTC| Research & Analysis Digital Currency Technicals
Although Bitcoin price has regained 2-3 days, it has been oscillating between tight range of $10k - $8k levels.BTCUSD(at coinbase) has rebounded back today with 3.74% gains so far. Technically, hammer takes-off rallies...
FxWirePro: NZD/USD Fundamental Driving Forces, OTC Indications And Hedging Strategies
May 27, 2020 09:24 am UTC| Research & Analysis Insights & Views
Bearish NZDUSD Scenarios below 0.56 if: 1) Agricultural commodities are dragged lower by the fall in oil prices; 2) Lower rates and RBNZ credit support to banks prove insufficient to stop a rise in housing arrears...
May 27, 2020 08:24 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
China-based IT giant Tencent Holdings is most likely to invest approximately about $70 billion in fintech space, such as blockchain, artificial intelligence (AI) and cyber security. WeChat messaging app is the prime...
FxWirePro: Driving Forces of Bullion Market, Snippets of OTC Indications And Hedging Strategies
May 22, 2020 12:17 pm UTC| Research & Analysis Insights & Views
Lets suppose that the USD is still pegged to gold, and the pegged dollar would have heavily restricted both the US Congress and Feds abilities to unleash fiscal and monetary support. While there are benefits to the Gold...
FxWirePro: Bearish/Bullish Scenarios Of CAD/JPY, IV Skews And Options Strategy
May 22, 2020 08:37 am UTC| Research & Analysis Insights & Views
In the G10 space, CAD has lagged both cyclical and reserve currencies (refer 1stchart). That CAD has not even outperformed the reserve bloc is indicative that CAD is not simply underperforming because of its inherently...
May 21, 2020 14:58 pm UTC| Research & Analysis Insights & Views
The Mexican peso continues to be among the worst performing currencies in EM, depreciating by 19% on a total return basis year to date and outperforming only ZAR and BRL. This underperformance has been driven by several...
May 21, 2020 13:52 pm UTC| Research & Analysis Insights & Views
EURGBPhas been oscillating in a range-bounded major trend, but the pair is extending the run higher in the minor trend, after breaking through short-term range resistance at 0.8865 (refer 1st 2ndcharts). Momentum yesterday...