Digital Currency Revolution Series: Crypto Pessimists Turning Optimists as Bitcoin Reclaims and Surpasses $10.5k Mark

Jun 24, 2019 07:44 am UTC| Research & Analysis Digital Currency Insights & Views

Many skeptics and critics of Bitcoin came up with their dubious notions that it has created a bubble and likely to collapse in yesteryear. But now the scenario has absolutely been changed, there has been FOMO the rallies...

FxWirePro: A Run Through on Chinese Renminbi Amid US/China Trade Turmoil and FX Derivatives

Jun 21, 2019 13:32 pm UTC| Research & Analysis

USDCNY falls like a stone, touching 6.83 marks this week and recovered to 6.87 areas again. The overall sentiment seems to be very bearish on CNY, and there were widely spread concerns that USDCNY would go beyond 7.00...

Regulatory Series on Cryptocurrencies: French Central Banker on Cryptocurrency Regulation

Jun 21, 2019 12:24 pm UTC| Research & Analysis Digital Currency Insights & Views

The central bank governor Francois Villeroy de Galhaumentionedthe task force wouldinvestigate andassess as tohow the digital assets should be regulated. In the recent past, the French government has alreadypasseda bill...

FxWirePro: Affinity between EUR/JPY vanilla versus exotic options using delta factor

Jun 21, 2019 11:00 am UTC| Research & Analysis

In this write-up, we run you through the comparative analysis between vanillaand one-touch optionsspotting out the difference between EURJPY vanilla and one-touch options. When you look at the above nutshells, as...

FxWirePro: CFTC FX Positioning on EUR/JPY, OTC Outlook and Options Strategy

Jun 21, 2019 10:04 am UTC| Research & Analysis

EUR saw funds and asset managers continue with their opposite stances. The former trimmed their net shorts by USD1.2bn to USD15.1bn, while the latter cut their net long positions by USD0.1bn to USD19.4bn (refer 1st...

Stable-Coin Series: Heads-up on Facebook's Libra cryptocurrency, Indian crypto legislation likely to be a hindrance

Jun 21, 2019 08:06 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Facebook, the social media giant, officiallylaunchedits much-anticipated cryptocurrency today with the launch of its officialwebsiteand whitepaper. Ever since the announcement, there has been a mixed bag of reactions,...

FxWirePro: Monetary policy stimulus most prevalent in Asia – Uphold KRW vols spread

Jun 20, 2019 13:39 pm UTC| Research & Analysis Central Banks Insights & Views

The Reserve Bank of India (RBI) cut rates as widely expected for the third consecutive meeting by 25bp to 5.75% and shifted to a dovish bias. When Governor Das lowered rates in February this year, he was accused of...