FxWirePro: NZD/USD projections lower in 2019 as USD likely to get cushion from Fed but Kiwis vulnerable on dovish RBNZ and macro outlook

Jan 28, 2019 07:59 am UTC| Research & Analysis Central Banks

NZD has actually performed better than expected over 4Q2018, as a rebound in domestic activity data offset global drags on high beta FX. Still, it is reckoned that the global risks play less favorably for NZ than they do...

JP Morgan perceives Chinese cost-effective mining operations as more profitable in crypto-space

Jan 28, 2019 05:41 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The reputed investment bank, JPMorgan Chase Co. has been giving us a mixed bag and at times, wavering opinions on crypto-space. We say this because, right fromthe Chief Mr. Jamie Dimons U-turn from hiscritic statement...

Weekly Cryptocurrency Derivatives Series

Jan 25, 2019 12:31 pm UTC| Research & Analysis Digital Currency Insights & Views

Today is the final trading day for the current round of CME Bitcoin Futures trading, the low volatile trading session with the stiff range-bounded trend has been observed in this expiry week. The prices of these futures...

Tech-Gadget Freaks Seem Perplexed as Apple’s iPhone and Samsung Galaxy S10’s notions Poles Apart on Cryptocurrencies

Jan 25, 2019 11:33 am UTC| Research & Analysis Digital Currency Insights & Views

The obsessed Tech-Gadget savvies seem to have been confused as the worlds reputed mobile making companies, both Apple and Samsung are going in north-south poles of-late when it comes to cryptocurrencies. Samsung at some...

FxWirePro: Hedge EUR/GBP via options strategy on persisting geopolitical setbacks

Jan 25, 2019 10:56 am UTC| Research & Analysis Central Banks

3-way options straddle seems to be the most suitable strategy for EURGBP contemplating some geopolitical aspects. The rationale:Well, lets just quickly glance at OTC outlook before looking at the options...

FxWirePro: Are Eurozone PMIs a threat for euro hedgers? Mounting EUR/USD FX OTC activities

Jan 25, 2019 08:47 am UTC| Research & Analysis

European PMI data continues to indicate slowing growth momentum. The manufacturing PMI fell to 50.5 from 51.4 with services PMIs are flashing at 50.8 from 51.2. The PMIs are at their lowest since November 2014 with...

FxWirePro: ECB downplays recessionary risks, maintains ‘dovish status quo’ monetary policy - EUR/USD options short set-up on luring OTC indications

Jan 25, 2019 08:20 am UTC| Research & Analysis Central Banks

TheECBs Draghi highlighted increased downside risks on a host of uncertainties and near term growth is expected to be weaker than previously expected. The euro made a new low for 2019 at 1.1304 on bets that the European...