FxWirePro: Deploy USD/BRL Calendar Spreads on Lingering Hopes of BCB Rate Cuts

Oct 30, 2019 12:43 pm UTC| Research & Analysis Central Banks

How much further will the Brazilian central bank (BCB) cut its key rate? Today it will certainly cut it by a further 50bp to then 5%. It had signalled its willingness to do so at its last meeting in September, and the...

FxWirePro: Spotlight on AUD’s Vols Divergence To EMFX and FVAs Ahead of RBA and Fed

Oct 30, 2019 12:05 pm UTC| Research & Analysis Central Banks

The Aussie has closed within a 0.6700 - 0.6900 range every day since late July. Iron ore prices are rolling over on patchy demand and resilient supply, while we believe the US and China still have major hurdles which will...

FxWirePro: Diagonal Put Options Spread To Keep AUDUSD Exposures Out Of The Woods Ahead of Fed

Oct 30, 2019 10:53 am UTC| Research & Analysis Central Banks

Even though the end of the line is unlikely to have been reached in the Reserve Bank of Australias (RBA) rate cut cycle, the end is approaching.The Q3 inflation data, which was published this morning, confirms that.As for...

Digital Currency Revolution Series: Quick Run Through on Rift Between Facebook’s Libra and China

Oct 30, 2019 07:49 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

War of words continue as Marc Zuckerberg highlighted Chinese threat of cut-throat competition to the US. In his prepared statements to the Committee of US Congress in the recent past, Zuckerberg stated that their crypto...

Digital Currency Revolution Series: China Getting Assertive on Cryptocurrency and Blockchain Corridor

Oct 30, 2019 06:59 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

It is worth noting that the worlds biggest economy appears to be assertive on blockchain and cryptocurrency gamut. Yes, we meant Chinese approach to blockchain adoption. Following President Xi Jinpings remarks on the...

Digital Currency Revolution Series: Bitcoin’s Flirting With Price Band Between $9k - $10k Continues – Uphold Long Hedges

Oct 30, 2019 06:16 am UTC| Research & Analysis Digital Currency Insights & Views

After Bitcoin price (BTCUSDat Coinbase) has surged more than 42% from the last couple of days and been flirting with the price band between $9k and $10k levels since the last weekend (refer abovechart). Technically, we...

Digital Currency Revolution Series: Two Driving Forces That Take-off Bitcoin Prices Towards $10k

Oct 29, 2019 12:35 pm UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin price (at Coinbase) has surged more than 42% from the last 4-5 days and flirted with $10k level over the last weekend (refer abovechart). After break out of prolonged range-bounded trend, the pioneer...