Forex Consulting

Bitcoin futures premium won’t last forever

Yesterday saw the launch of Bitcoin futures with the CBOE, and it traded at a premium of over 13% compared to the spot at one point And that’s the January futures, which is a month away from settlement. Yet, the premium that’s factored into the futures is way more than most (if not, any) other…

Forex Consulting

NZD/USD hits session highs, key levels to look out for

NZD/USD hit a high of 0.6947 The pair continues to inch higher today, buoyed by yesterday’s news that Adrian Orr would be appointed the new RBNZ governor. That prompted a relief rally in the kiwi and we’re seeing the pair continue to trend higher on the day.The latest spike now is stalling right at the…

Forex Consulting

Asian equities mostly lower on the day

Stocks in Asia not really following the sentiment in US trading yesterday Earlier, the Nikkei closed lower by 0.32% on the day. In other markets, we see the Kospi down 0.42%, Shanghai Composite down 1.18%, CSI 300 down 1.24%, and Hang Seng down 0.44%. Copyright 2015 Forexlive.com