Dec 16, 2019 05:14 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
While the SEC maintains the conservative approach on cryptocurrencies by constantly declining bitcoin ETF proposals and by stating Bitcoin and Ethereum Are Not Securities, the CFTC (Commodity Futures Trading Commission)...
Dec 13, 2019 13:20 pm UTC| Research & Analysis Central Banks
The Bank of Russia (CBR) cut its benchmark one-week repo rate by 25 bps to 6.25% during its December meeting and signalled more rate cuts were likely in the first half of 2020, saying households inflation expectations...

FxWirePro: Options Strangles For EM Asia FX Ahead of Neutral Start in 2020
Dec 13, 2019 12:29 pm UTC| Research & Analysis
In many respects, we feel EM Asia FX is stuck between a rock and a hard place as we enter 2020. The bullish scenario is one in which we see a Phase I US-China trade deal, which drives USDCNH back below 7.00 and boosts...

Digital Currency Revolution Series: Underlying Driving Forces of Ethereum and ETH/USD Price Dynamics
Dec 13, 2019 11:34 am UTC| Research & Analysis Digital Currency Insights & Views
In this write-up, we run you through Ethereums price rollercoaster during 2019, we assess the underlying driving forces and growing pains in 2020 that lie ahead as the network switches from 1.0 to 2.0. As DeFi...
Digital Currency Revolution Series: A Glimpse At Chinese Dominance In Crypto-Mining
Dec 13, 2019 10:15 am UTC| Research & Analysis Digital Currency Insights & Views
Of late, inChina,amid themounting interests in Blockchain and Cryptocurrency on President Xi Jipings commentaries, they have been flexible and optimistic towards mining business of cryptocurrencies. The nation now takes...

FxWirePro: CAD/JPY Diagonal Options Strips To Hedge Both Minor Major Trends Ahead of BoJ
Dec 13, 2019 07:52 am UTC| Research & Analysis Central Banks
CAD was one of the top performers in global FX throughout 2019 but CADJPY has been a laggard, the major downtrend of this pair has been robust amid mild upswings that seems to be momentary. For JPY, soft equity tone...

ECB Chief To Expedite Taskforce With Clear Objectives On Digital Currency
Dec 13, 2019 06:28 am UTC| Research & Analysis Central Banks Digital Currency Insights & Views Commentary
The European Central Bank (ECBs) new chief, Christine Lagarde has divulged her intentions to expedite the banks taskforce efforts on a digital currency project. At a news conference in Frankfurt following her first...