Hyperinflation, shrinking economy versus Petro - The Venezuelan crypto-revolution
Aug 31, 2018 06:58 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The countries such as Venezuela is looking for cryptocurrencies adoption as an alternative store of value, very recently, Turkeys lira has remarkably collapsed to flash headlines across the world. Yes, Venezuela is...
Indian central bank (RBI) contemplates CBDC and P2P crypto-trading
Aug 30, 2018 13:41 pm UTC| Research & Analysis Digital Currency Insights & Views
We reiterate from our recent post also that India has been the predominant country for FinTech innovation. On the contrary, contradictory cryptocurrencies perspective appears to be a downright adverse approach in this...
Aug 30, 2018 13:29 pm UTC| Research & Analysis Insights & Views
The euro was able to catch up significantly over the past few days (refer above chart). Despite the fact that numerous positive news items should be supporting the dollar: the stock market is booming; consumer confidence...
FxWirePro: Snap NZD/JPY rallies to deploy ITM delta longs in 2:1 PRBS for ideal hedging vehicle
Aug 30, 2018 10:57 am UTC| Research & Analysis Insights & Views
NZDJPY momentum has swung to positive, with potential to reach the 76.00-76.50 area. Global risk sentiment has been positive recently (see record US equity prices), hurting the safe-haven yen. BoJ tightening may be a...
Aug 30, 2018 10:36 am UTC| Research & Analysis Insights & Views
Allegedly the Canadian Minister of Foreign Affairs Chrystia Freeland seems to want to make concessions, in particular as far as the trade with dairy products is concerned (so far Canada is preventing the export of...
FxWirePro: Activate and uphold USD/CAD/COP calendar straddles on Saudi-Canadian tussle
Aug 30, 2018 08:39 am UTC| Research & Analysis Insights & Views
The Saudi government in the recent past, reminded its ambassador to Ottawa, barred Canadas envoy from returning and placed a ban on new trade, disapproving Canada for urging the release of jailed rights activists. The...
FxWirePro: Ideal time to capture BTC/EUR dips to establish long hedges
Aug 30, 2018 06:25 am UTC| Technicals Research & Analysis Digital Currency Insights & Views
BTCEURhas formed hammer pattern at 5,453.6 levels, that evidences upswings. Consequently, the current price spikes above DMAs and heading for next stiff resistance at 6,154.4 levels, for now, more rallies likely on bullish...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects