FxWirePro: A Run Through On GBP Short Trades Ahead of Eurozone PMIs
Aug 19, 2020 11:14 am UTC| Research & Analysis Insights & Views
This week, PMIindices forEurozonecountries are scheduled (German and French PMIs are due this Friday). Before that, markets will have no impulse coming from data releases. The 2Q flash GDP releases brought no permanent...
Aug 19, 2020 06:46 am UTC| Research & Analysis Digital Currency Technicals Insights & Views
Bitcoin price rebounds above $12k mark, the bullish price action has been impressive since Covid-19 saga. But for now, the bulls seem to have been exhausted at the stiff resistance of $12,400 - $12,500 levels. Thereby,...
FxWirePro: What Drives Swiss Franc Appreciation? Uphold USD/CHF Shorts
Aug 17, 2020 08:55 am UTC| Research & Analysis Central Banks Insights & Views
USDCHF has served us well as a proxy EURUSD long. But this is far from being the only reason to hold a CHF long. The chart demonstrates EURCHF that is now nearly seven cents too low given the surge in EURUSD, an undershoot...
Aug 14, 2020 07:40 am UTC| Research & Analysis Insights & Views
Its not over, it has only slipped into the background: the issue of the trade conflict between the USA and the EU. The USA has updated its list of products from the EU which are subject to import duties because of the...
FxWirePro: Gold Price Updates, OTC Indications & Hedging Strategy
Aug 13, 2020 15:32 pm UTC| Research & Analysis Insights & Views
Goldprices continued their rollercoaster ride amid mixed economic data. After a tumultuous session on Tuesday, which saw the precious metal price plunge close to 6% owing to the profit booking sentiments, consequently,...
Aug 13, 2020 14:46 pm UTC| Research & Analysis Technicals Insights & Views
The precious yellow metal finally seems to have taken a halt after a commendable bullish rout, after it hit all-time highs of $2,075 levels, Gold prices sensed overbought pressures. As a result, CME gold futures traded...
FxWirePro: Spotlight On Mexican Central Bank, Banxico’s Rate Cut On Cards & USD/MXN Options Trades
Aug 13, 2020 13:03 pm UTC| Research & Analysis Central Banks Insights & Views
Mexicos central bank, Banxico, is expected to cut its key interest rate for the fifth consecutive time today to support the economic recovery after the pandemic-related slump. Like the consensus, we expect a further large...
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