Tuesday, 27 August 2019

Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR in Control

USDZAR has the most significant 5-day correlation with bitcoin prices among EM FX, but USDCNH remains the most highly correlated over the past six months.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...