FxWirePro: CBT Maintains Status Quo – Activate Positions Via Forwards To Trade And Hedge Turkish Lira

Jul 23, 2020 13:35 pm UTC| Research & Analysis Central Banks Insights & Views

Todays Turkish central banks monetary policy hasnt been driving force for lira. CBT maintained status quo policy by keeping its benchmark one-week repo at 8.25 percent as widely expected, this was the unanimous expectation...

Regulatory Series on Series: US Senate Foresees Budding Technology & Digital Dollar To Play Crucial Role In Economic Competition

Jul 23, 2020 12:52 pm UTC| Research & Analysis Digital Currency Insights & Views Central Banks

On Wednesday, the U.S. Senate Committee for Banking, Housing and Urban Affairs on Economic Policy remotely conducted a hearing on the trade race between the U.S and Chinese, entitled Winning the Economic Competition,...

FxWirePro: What’s Driving Euro? EUR/USD OTC Updates And FX Derivatives Trading & Hedging Setup

Jul 23, 2020 11:40 am UTC| Research & Analysis Insights & Views

Risk markets have had a solid start to 2H with equities, industrial commodities and high beta currencies all performing well in the aftermath of solid June PMIs which showed a record increase in the manufacturing...

Digital Currency Revolution Series: Lithuania’s Central Bank Launches LBCOIN Ushering CBDC Concept

Jul 23, 2020 09:49 am UTC| Research & Analysis Central Banks Digital Currency Insights & Views

Today, the bank of Lithuania has pioneered the digital coin issuance, this has been the digital coin issued by a central bank based on state-of-the-art IT solutions not only in the eurozone but also across the...

Digital Currency Revolution Series: Bitcoin Snapping Rallies But Unwise Build Fresh Shorts, Uphold Long Hedging

Jul 23, 2020 08:39 am UTC| Research & Analysis Digital Currency Technicals Insights & Views

Bitcoin price (BTCUSD at Coinbase) surpassed $9.5k again but for now, it seems to be quite exhausted after 2-days of rallies (5%), short-term traders are snapping rallies for momentary gains. The consolidation phase...

With fewer cars on US streets, now is the time to reinvent roadways and how we use them

Jul 22, 2020 12:26 pm UTC| Insights & Views

Sticking closer to home because of COVID-19 has shown many people what cities can be like with less traffic, noise, congestion and pollution. Roads and parking lots devoted to cars take up a lot of land. For example, in...

How smugglers are shifting staggering amounts of contraband despite the pandemic

Jul 21, 2020 14:58 pm UTC| Insights & Views

On July 1, Italian police made the largest amphetamine seizure in the world. At the port of Salerno, just south of Naples, they used chainsaws to open large cylinders of paper and industrial machinery that were inside...