Digital Currency Series: Former FinCEN Director Associates With Facebook’s Libra Association
May 20, 2020 07:02 am UTC| Research & Analysis Digital Currency Commentary
The founder of GRH Consulting and the former director of the financial crimes enforcement network (FinCEN), Robert Werner has joined Facebooks Libra association, as its general counsel. I am grateful for the opportunity...
May 20, 2020 06:00 am UTC| Research & Analysis Digital Currency Insights & Views
As the budding technology blockchain evolves, we witnessed application of technologies in various walks of our lives.Whats buzzing around crypto-universewhen it comes to sports and technology? In the recent trends, its...
May 19, 2020 13:58 pm UTC| Research & Analysis Insights & Views
Probably the strongest argument for remaining short EURCHF is the empirical observation that the cross has bounced barely 0.5% off its five years lows despite the fact that equities have retraced 55% of their peak losses....
FxWirePro: How Does Demand/Supply Equation Impact Crude Oil? Run Through On WTI Hedging Outlook
May 19, 2020 12:32 pm UTC| Research & Analysis Insights & Views
On the production side, we have removed a cumulative 2.3 mbd for May- June. Saudi Arabia (1 mbd), UAE (0.1 mbd) and Kuwait (80 kbd) account for majority of the production downgrades in June. In the US, we raise our...
FxWirePro: Bullish/Bearish Driving Forces, OTC Indications Of EUR/AUD And Suitable Options Strategy
May 19, 2020 10:56 am UTC| Research & Analysis Insights & Views
Bearish EURAUD Scenarios: 1) A second Covid-19 wave that does further damage to public finances. 2) Continued failure of Euro area governments to agree joint fiscal issuance or material fiscal transfers to fund...
May 19, 2020 07:37 am UTC| Research & Analysis Digital Currency Insights & Views
The underlying price of bitcoin gained buying momentum ahead of fundamental block-halving event. At block 630,000 the block reward of mining a block on the Bitcoin network reduced from 12.5 BTC to 6.25 BTC completing its...
May 19, 2020 06:44 am UTC| Research & Analysis Digital Currency Insights & Views
As the total reported death cases exceeds day by day due to the deadly contagious coronavirus, almost all businesses have halted as the major markets have been locked down. The Economist Intelligence Unit reckons the...