Jun 29, 2020 08:32 am UTC| Research & Analysis Central Banks Digital Currency Insights & Views
Amid the widening of outbreak of Covid-19, various central banks across the globe seem to be inclined for the digital currency system. Day by day the total number of confirmed cases and reported casualties of the deadly...
FxWirePro: CBT Stuns Markets, Turkish Lira Drifts In Sideways – Uphold Call Spread To Hedge USD/TRY
Jun 26, 2020 13:38 pm UTC| Research & Analysis Central Banks Insights & Views
The Central Bank of Turkey (CBT) maintained status quo during its June meeting, kept benchmark one-week repo at 8.25 percent surprising markets that had forecast of a 25 bps rate cut, saying that pandemic-related rise in...

FxWirePro: The Bullish/Bearish Driving Forces Of USD/CAD, OTC Updates, And Options Strategy
Jun 26, 2020 13:13 pm UTC| Research & Analysis Insights & Views
Bullish Scenarios see USDCAD above 1.45 levels if: 1) A second COVID-19 wave catalyses another global sudden-stop and aggravates Canadas external deficits or 2) The renewed oil price war or demand shock drives...

Jun 26, 2020 11:40 am UTC| Research & Analysis Economy Insights & Views
USDCAD has fallen a sizable 4% since our last publication, but this is reflective entirely of the broad dollars anti-cyclical properties and negative beta to risk, and is not indicative of outright CAD outperformance. CAD...
FxWirePro: NOK RV Trades – Add longs Against 50:50 Basket of GBP & CAD; Squared-off Vs USD
Jun 26, 2020 07:59 am UTC| Research & Analysis Insights & Views
The outlook for NOK is cautiously optimistic in 2H on several factors. An outsized fiscal response necessitated sales from the sovereign wealth fund thus causing the NB to buy NOK/sell FX in record amounts. Combined with...
Jun 26, 2020 06:06 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The regulatory authorities across the globe have been very meticulous on the scope for fraudulent acts by the crypto-space. Especially, time and again, the U.S. SEC has always kept cautionary eye on the crypto regulation,...

Jun 26, 2020 05:35 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin options of monthly quarterly volumes worth $1 billion is due for expiry. This is going to be the largest options expiration till date that usually appears to cause the huge volatility ahead of this event. However,...