Citi Jumps On The Bandwagon Of Blockchain For Trade Finance Business
Feb 19, 2020 09:15 am UTC| Research & Analysis Digital Currency Commentary
Many global banking giants have been on top of blockchain technology in the recent past and already begun deploying the new technology for some of their core banking businesses, just like trade finance, custody services,...

Feb 19, 2020 05:55 am UTC| Research & Analysis Digital Currency Technicals
Bitcoin (BTCUSD) bullish price rout has recently completed saucer pattern chart formation. The pair briefly halted at $10,522 level and showed some price exhasutiveness to plunge below 7-DMAs and $10k mark. Currently,...
Regulatory Concerns Revolving Around Crypto-Industry Ahead of 2020 US-Election
Feb 19, 2020 05:29 am UTC| Research & Analysis Digital Currency
The organic depreciation pressures likely will take the dollar higher in 2H as domestic growth is expected to moderate and likelihood of further trade deals become difficult with the U.S. election cycle kicks in. While...

FxWirePro: Spotlight on Apprehensive Asian FX-Bloc
Feb 18, 2020 13:05 pm UTC| Research & Analysis
Thailand was the latest country in Asia yesterday to slash the growth forecast for this year due to the Covid-19 outbreak (to 1.5-2.5% vs 2.7-3.7% previously). Thailands economy was already slowing before the outbreak due...

FxWirePro: Aussie Edgy On Cyclical Effects - AUD/USD OTC Updates And Hedging Strategies Ahead of RBA
Feb 18, 2020 11:49 am UTC| Research & Analysis Central Banks
TheRBA is scheduled for their monetary policy on March 3rd and the Aussie central bankhas begun 2020 with a sanguine view of the domestic and global uncertainties clouding the outlook. The Boards discussion of these...
Tokenized Assets Or Cryptos? Central Bank Of Russia Caught Between Two Stools
Feb 18, 2020 07:48 am UTC| Research & Analysis Digital Currency Central Banks Commentary
The Russia Central Bank (CBR) is intending to form a legal framework for tokenization, and devises diplomacies to carry scepticism on cryptocurrency transactions by labelling them suspicious activities. The CBR has made...
Deribit Unveils Ether Options To Expand Crypto-Derivatives Marketplace
Feb 18, 2020 06:25 am UTC| Research & Analysis Digital Currency
February mid-month series for the crypto-asset markets are sensing a mild exhaustiveness in the previous bullish trend due to the recent bearish weekend that dragged even to begin this week. Market benchmark BTC fell 3.5%...