FxWirePro: CNY Curry in Chinese Kitchen on the US-China Trade Deal? OTC FX Market on See-saw Mood

Jan 23, 2019 14:02 pm UTC| Research & Analysis

How will CNY perform if a trade deal can be reached? It is believed that this is the key question for every market player at this moment. Some would argue CNY could strengthen as the risk sentiment will improve. To be...

Bittrex to enter emerging OTC space

Jan 23, 2019 12:13 pm UTC| Research & Analysis Digital Currency Insights & Views

We reported back in October 2018, about the outpacing interests ofinstitutional clients in over-the-counter (OTC) markets instead of exchanges to enter the bitcoin space,as per theForbesreport. The aggressive aspirants...

FxWirePro: Japanese investors to relish exquisite FX hedging breakthroughs

Jan 23, 2019 11:27 am UTC| Research & Analysis Central Banks Insights & Views

Is the skepticism intensifying on the Japanese central bank with their inflation projections? It is reckoned that not even the Bank of Japan (BoJ) still truly believes that the inflation target of 2% will actually be...

ICE’s Bakkt Announces Openings For Top-Notch Hiring

Jan 23, 2019 08:32 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

While crypto radicals holding their nerves for thelaunchof Bakkt until January 24th and February 26th for the final approval or denial of a Bitcoin ETF from the SEC, the cryptocurrency platform (Bakkt) has announced that...

FxWirePro: Hedging EUR/JPY Bearish Scenarios via Delta Instruments Capitalizing on Skewness and Risk Reversals

Jan 23, 2019 07:40 am UTC| Research & Analysis

Although EURJPY has shown considerable price rallies of late, the uptrend now seems to be dragging further but little edgy at 21-DMAs (i.e. at 124.7120 and at stiff resistance of 125 levels) for today. We just...

FxWirePro: CME BTC Futures indicate as to why BTC/USD price is going in narrow range with tepid volatility

Jan 23, 2019 05:21 am UTC| Research & Analysis Digital Currency Insights & Views

Of late,BTCUSD(at Coinbase), sideways trend goes in a narrow range, the current price trading at $3,575 levels, remains well below 7 21-DMAs. As you could see the daily plotting of the pair, all technical indicators...

FxWirePro: Intricacies of USD/MXN call spreads on hawkish Banxico

Jan 21, 2019 14:22 pm UTC| Research & Analysis Central Banks

We maintain our MXN forecast of 20.75 for end-2019 and neutral MXN in our GBI-EM portfolio. MXN has performed better than our expectation in December and January, but we expect it to start underperforming this...