Digital Currency Revolution Series: Is Concept of Crypto Playing Its Role of Safe-Haven Amid Economic Crisis Owing To Pandemic Covid-19?

Apr 17, 2020 14:03 pm UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin was incepted during the last financial crisis at a time of massive bank bailouts during 2008-09, inflation, and the central bank intervention. Q12020 was dominated by coronavirus, massive government stimulus...

FxWirePro: Turkish Lira On Verge Of Retesting All-Time Lows Despite CBT Intervention – Uphold USD/TRY Debit Call Spreads

Apr 17, 2020 13:09 pm UTC| Research & Analysis Central Banks Insights & Views

USDTRY has been edging ever closer to the 7.00 mark as predicted in our recent post despite the central bank combatting the trend using indirect FX interventions. CBTs own FX reserves have fallen to a low c.$27bn in net...

Cryptocurrency Derivatives Series: Bitcoin Technicals, Options Analytics And Hedging Strategy

Apr 17, 2020 11:58 am UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin price has bounced back again from the lows of $6,456 levels to the recent highs of $7,217 levels. Technically,BTCUSD(at Coinbase) has formed hammer pattern candle at $6,658 levels (refer 1stchart). This...

FxWirePro: Brexit And Covid Viruses Engulf Sterling’s Prospects – Deploy GBP/USD Option Strategy As OTC Bids Indicate Renewed Weakness

Apr 17, 2020 11:33 am UTC| Research & Analysis Insights & Views

The British government remains stubborn and does not want to extend the transition period beyond the end of the year despite the corona crisis and an appeal from the IMF. For the time being Sterling traders remain relaxed...

FxWirePro: Is Sterling Disregarding Stimulus From BoE And UK Govt? Reactivation of GBP/USD Shorts

Apr 17, 2020 08:56 am UTC| Research & Analysis Central Banks Economy Insights & Views

Short GBPUSD is the preferred candidate to raise our long USD, defensive exposure once again after the rounds of profit-takes of recent weeks. As evident from the above diagram, cable has retraced from its lows more...

Regulatory Series on Cryptocurrencies: US-CFTC Charges Florida-Based Individual & Companies For Forex & Digital Asset Scam

Apr 17, 2020 06:54 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Cryptocurrency instruments, including payments derivatives products have been under the meticulous scanner of the renowned global regulators, such as, US SEC, CFTC and UKs Financial Conduct Authority (FCA). In the...

Drug use may increase the risk of coronavirus. Here's how to reduce the harms

Apr 16, 2020 15:24 pm UTC| Insights & Views

People who use illicit drugs, whether they are dependent or use them occasionally, are potentially at increased risk of harm during the coronavirus pandemic. The coronavirus is too new to know the exact interaction with...