May 13, 2020 08:58 am UTC| Research & Analysis Central Banks Insights & Views
Overnight, theRBNZleft rates at 0.25%, but increased its QE programme, also indicating that negative rates will become an option in the future. We recommended short NZD in our portfolio vs a basket of AUD and USD as...
May 13, 2020 06:53 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin is a decentralized digital currency that enables instant payments to anyone, with no central authority. The Bitcoin network is secured by miners. Miners are specialized computers that use a consensus mechanism...
May 08, 2020 11:18 am UTC| Research & Analysis Central Banks
Norges Bank surprised general expectations yesterday and lowered interest rates by 25bp to now zero. At the same time it made it clear that this was the end of the line and that negative interest rates were not on the...
Central Banks’ Tendency Towards Digital Currencies (CBDCs)
May 08, 2020 10:47 am UTC| Research & Analysis Digital Currency Investing
As the coronavirus outbreak widens and halted many economic activities across the world, the central banks in eurozone appear to be inclined for the digital payment/currency system. Currently, many countries where the...
May 08, 2020 07:14 am UTC| Research & Analysis Digital Currency Insights & Views
Upcoming Tuesday is the expected date of the 4-year block reward halving for the bitcoin network, when the number of new bitcoins that are created via the block reward is reduced by half. The next halving will be the...
FxWirePro: Impact of Covid-19 On RVs And FX Idiosyncrasies
May 07, 2020 09:59 am UTC| Research & Analysis
As developments on the COVID-19 outbreak, and related spillovers, like Oil prices crash, have dominated market focus over the past two months, FX vols dynamics followed a high correlation with Equity (especially US)...
FxWirePro: EUR/JPY slips below 115 handle, hits lows unseen since Nov 2016
May 07, 2020 08:13 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY trades below 115 handle, has hit lows unseen since Nov 2016. The pair is extending marginal gains after 3 straight sessions of downfall. After hitting session highs at 114.98, the...