FxWirePro: A Snapshot On Asian FX-Bloc And Zero-Cost Conditional Hedges

Jan 30, 2020 13:03 pm UTC| Research & Analysis Insights & Views

EM Asian currencies were mixed versus the dollar during Wednesdays Asian session. The SGD slid 0.3%, while the JPY gained slightly amid a 7 bp drop in the 10Y UST yield. The CNH closed flat. Zhang Ming, an economist at the...

FxWirePro: A Quick Run Through On Directional Asian FX Hedges Via Purchased Options

Jan 30, 2020 12:47 pm UTC| Research & Analysis

EM Asian currencies were mixed versus the dollar during Wednesdays Asian session. The SGD slid 0.3%, while the JPY gained slightly amid a 7 bp drop in the 10Y UST yield. The CNH closed flat. Zhang Ming, an economist at...

FxWirePro: Bullish/Bearish Scenarios of EUR/GBP, OTC Updates & Options Strategy Ahead of BoE

Jan 30, 2020 10:36 am UTC| Research & Analysis Central Banks

Bearish EURGBP Scenarios: 1) European growth fails to lift above 1%. 2) Stalemate in the UK-EU Brexit trade talks, which increases the risk of a no-deal exit at the end of 2020. 3) The UK government announces a...

Digital Currency Revolution

Bitcoin On Verge Of 3M Highs As Bulls Form Inverse Saucer Amid Bakkt’s Tepid BTC Options Volumes

Jan 30, 2020 08:13 am UTC| Research & Analysis Digital Currency Technicals

Bitcoin price has been rallying above the $9k mark, surged to $9,439 level which is a new 3-months high intensifies the prevailing uptrend. Thereby, it has shown a rock solid 30% price gains in New-Year...

Digital Currency Revolution

Venezuela's Petro Hindered In Controversial Payment Policy And Economic Sanctions

Jan 30, 2020 06:44 am UTC| Research & Analysis Digital Currency Commentary

Crude oil has been the Venezuelas largest exporting commodity and one of the nations economic lifelines. Nevertheless, since the Venezuelan government imposed that port fees have to be borne in the countrys debatable and...

Digital Currency Revolution

BCB Group Bags FCA Approval For Authorized Crypto-Payments System

Jan 30, 2020 05:39 am UTC| Research & Analysis Digital Currency Commentary

After Switzerland, the UK FCA approves BCB payments which are crypto-based. BCB group has managed to bag the approval from Financial Conduct Authority (FCA) of the United Kingdom for being an authorized payments...

FxWirePro: EUR/USD Eases Ahead of Fed And BoE Monetary Policies – Take A Glance At Hedging Vehicles

Jan 29, 2020 12:34 pm UTC| Research & Analysis Central Banks

Todays US Federal Reserve policy announcement is expected to be considerably less exciting than the Bank of England tomorrow. Having reduced interest rates three times last year, Fed officials believe the economy is now in...