
Apr 21, 2020 09:07 am UTC| Research & Analysis Central Banks Insights & Views
Bearish GBPJPY Scenarios: 1) The UK-EU fail to agree on a trade deal and the UK exits the transition period on WTO terms (GBPUSD to 1.20, potentially 1.10). 2) The economic lockdown is extended into June, delaying...
Apr 21, 2020 07:36 am UTC| Research & Analysis Digital Currency
Of late, we have witnessed constructive developments in the cryptocurrency derivatives market, CME has come up with the Bitcoin futures which are cash settled and options marketplace. Various OTC players like Binance,...

FxWirePro: AUD/USD Daily Outlook
Apr 21, 2020 07:15 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD fails at 55-EMA resistance, extends weakness for the 2nd straight session. The pair is set to extend weakness as bulls unable to break stiff resistance at 55-EMA and daily...

FxWirePro: USD/JPY extends range trade around 5-DMA, intraday bias turning bearish
Apr 21, 2020 05:56 am UTC| Technicals Research & Analysis
USD/JPY was trading 0.14% lower on the day at 107.42 at around 05:15 GMT. The pair regained positive traction on Tuesday after closing marginally higher in the previous session. Fresh wave of the global...
FxWirePro: CBR’s Cushions Ruble Momentarily Through FX Reserve – Uphold USD/RUB Options Positions
Apr 20, 2020 14:25 pm UTC| Research & Analysis Central Banks Insights & Views
CBR governor Elvira Nabiullina held a press conference last Friday, where she de facto confirmed that the central bank was ready to resume cutting rates. This is significant because CBR had paused rate cuts last month...
Apr 20, 2020 13:06 pm UTC| Research & Analysis Digital Currency Insights & Views
The block-halving in cryptocurrency is a pre-programmed fundamental event, scheduled reduction in the inflation rate of an assets supply by 50%. Bitcoins next halving has been its leading narrative from the end of 2019...

FxWirePro: WTI Crude Oil plunges over 38% on the day, OPEC+ agreement fails to halt sell-off
Apr 20, 2020 12:16 pm UTC| Technicals Research & Analysis
US Oil chart - Trading View WTI Crude Oil prices plunged over 38% on the day to hit lowest since 1999. Lockdowns imposed to curtail the spread of COVID-19 have crushed demand for the black gold. The OPEC+...