FX Market View #13

Dollar range narrows with Month-end corrections As we approach month-end, investor interest in the Dollar accumulated resulting in the greenback shoring up against the majors. It is not clear however if this Dollar strengthening can be seen as a shift in the near-term trend or simply a balancing of investor portfolios. Any sustainable shift towards…
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Digital Asset Insights #18

Goldman Sachs finally considers Crypto as an asset class – a year after having stated just the opposite The powerful American investment bank, Goldman Sachs, has just now recognized that cryptocurrencies are an emerging new asset class—despite stating otherwise just a year ago. According to its recent report, which was part of a paper posted…
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FX Market View #12

Dollar is unlikely to consolidation higher in near term The FED is continuing its path of buying US treasuries even as the economy is expanding, and the vaccine rollout is helping to open businesses. Last month’s disappointing jobs numbers diminishes any likelihood of a change in this fiscal policy. Furthermore, any pricing pressures that may…
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Digital Asset Insights #17

CHINA SECURITIES JOURNAL SOUNDS ALARM ON CRYPTOCURRENCY FINANCIAL RISKS On Sunday, May 16th, as per an opinion piece in the China Securities Journal (CS), a broader consensus on strengthening supervision of Bitcoin and crypto transactions is currently being undertaken. This comes through several commissions – The China Securities Regulatory Commission, China Insurance Regulatory Commission, and The China Banking Regulatory…
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Digital Asset Insights #17

China securities journal sounds alarm on cryptocurrency financial risks

China securities journal sounds alarm on cryptocurrency financial risks On Sunday, May 16th, as per an opinion piece in the China Securities Journal (CS), a broader consensus on strengthening supervision of Bitcoin and crypto transactions is currently being undertaken. This comes through several commissions – The China Securities Regulatory Commission, China Insurance Regulatory Commission, and The China Banking Regulatory…

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Digital Asset Insights #16

Digivault Gains FCA Approval This week in the digital currency community, a lot of developments are coming to light. There are new developments in anti-money laundering regulations in the U.K. as Digivault, a custodial arm of Diginex won regulatory approval from the Financial Conduct Authority (FCA) in the U.K. to register as a custodian wallet…
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FX Market View #11

Sustained US rates growth required for Dollar recovery The release of the Consumer Price and Producer Price data indices pushed the Dollar around last week. Initially the Dollar was pushed higher on Wednesday as rates jumped following the higher than expected CPI data being reported. As the week came to a close the Dollar then…
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Digital Asset Insights #16

Digivault Gains FCA Approval

This week in the digital currency community, a lot of developments are coming to light. There are new developments in anti-money laundering regulations in the U.K. as Digivault, a custodial arm of Diginex won regulatory approval from the Financial Conduct Authority (FCA) in the U.K. to register as a custodian wallet provider. This makes Diginex…

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