
May 23, 2018 08:09 am UTC| Research & Analysis Insights & Views
We dont see any significant changes in EUR forecast following yet another turgid month in which EUR crosses have continued to respect the pitiful three cent range that has endured for over three months now. Bearish...
Chinese MIIT’s white paper divulges on blockchain’s deployment in real economy
May 23, 2018 06:07 am UTC| Research & Analysis Insights & Views Fintech Commentary
Despite China bans bitcoin trading and blocks access to all domestic and foreign cryptocurrency exchanges and ICO websites, the Chinese ministry of industry and information technology (MIIT) emphasizes in its white paper...
FxWirePro: Deploy USD/TRY RV derivative trades as Turkish lira hits record lows
May 22, 2018 14:14 pm UTC| Research & Analysis Insights & Views
The lira hit record lows against the USD and the EUR yesterday. Yet, there was no sign, no proof of life, from the central bank. CBT last reacted saying that it was closely watching unhealthy price developments when USDTRY...
Good news for institutional clients from LMAX-pioneered cryptocurrency exchange
May 22, 2018 12:19 pm UTC| Research & Analysis Digital Currency Insights & Views
LMAX Exchange that operates a global FX exchange infrastructure with matching engines in London, New York, and Tokyo. MAX Exchange Group, a London-based exchange company, established the first physical venue for trading...
Solomon to set as CEO at Goldman Sachs keen on cryptosphere
May 22, 2018 11:24 am UTC| Research & Analysis Insights & Views Digital Currency
Goldman Sachs current president, David M. Solomon is all set to become the companys CEO by the end of this year. Solomon, who has already begun clubbing together with his management team, is set to replace long-time...

FxWirePro: USD options trades as result of truce - Find best value in dollar calls
May 22, 2018 10:21 am UTC| Research & Analysis Insights & Views
The US dollar was unable to benefit on a sustainable basis from the prospect of a truce in the trade conflict between China and the US. We find that hardly surprising as we assume that the inflation risks in the US would...

FxWirePro: Low vols play - Trade USDCHF via iron condor spreads
May 21, 2018 12:18 pm UTC| Research & Analysis Insights & Views
USDCHF failed twice in 2015 and 2017 to clear key pivotal resistance at 1.0343, now struggling to hold 2017 October highs which inherited the risk of having formed the range bounded trend. You could make out the...