FxWirePro: USD/JPY finds major trendline support at 112, intraday bias neutral
Oct 24, 2018 04:32 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY has bounced off major trendline support on Tuesdays trade. The pair retraced from lows of 111.95 to close above 112 mark. Price action is contained in...
FxWirePro: WTI and Brent trade updates as geopolitical risks causing oil price volatility
Oct 23, 2018 15:01 pm UTC| Research & Analysis Insights & Views
In this write-up, geo-political issues surrounding oil this year have been extensively emphasized. The interplay between oil, power and politics given the recent increase in geopolitical uncertainties affecting oil are...
FxWirePro: Expression of USD/BRL put/call calendars ahead of 2nd round of Brazilian politics
Oct 23, 2018 13:13 pm UTC| Research & Analysis Insights & Views
Brazils fiscal challenges are serious, and its politics does not seem conducive to a new reformist government with a legislative mandate taking over. While the external risks seem contained, outside of the pressure that...
Correlation and Regression Analytics of Bitcoin and S&P500 - An Efficient Tool for Hedging
Oct 23, 2018 12:40 pm UTC| Research & Analysis Digital Currency Insights & Views
Mati Greenspan, a senior market analyst at eToro, described the potential shifts in the gamut of the cryptocurrency market in an analytic framework. As per his analytic piece, the prime benefit that many economists and...
FxWirePro: A glance at beta of GBP put options against G10 majors amid Brexit crunch
Oct 23, 2018 11:38 am UTC| Research & Analysis Insights & Views
The Brexit negotiations continue to be a constant toing and froing. It is quite surprising that Sterling reacted so little to these developments until recently. By now, it is found out to be easy to understand, as every...
FxWirePro: EUR/CAD Bullish/Bearish Scenarios, OTC Outlook and Options Strategy Ahead of ECB and BoC
Oct 23, 2018 10:49 am UTC| Research & Analysis Insights & Views
Bearish EURCAD scenarios: 1) A loss of confidence in Italian fiscal policy that pushes BTP spreads to 400bp and undermines banks, 2) Euro area growth gets stuck below 2% and ECB hikes only in 2020 3) BoC signals a...
Oct 23, 2018 09:21 am UTC| Research & Analysis Technicals Insights & Views Central Banks
In this weeks calendar, ECB and BoCs monetary policy announcements have been the major data events. For BoC to be repriced by a hike as a partial catch up to the Feds level and pace, and for some temporary positive risk...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects