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Category: Currency Trading

Kyle Bass Sees Potential China-U.S. Currency Pact as Just a Big Yuan Short

Kyle Bass Sees Potential China-U.S. Currency Pact as Just a Big Yuan Short

The “most powerful ever” foreign money deal, as U.S. Treasury Secretary Steven Mnuchin has dubbed it, hasn’t shaken the remedy of longtime China bear Kyle Bass. Any provision for China to preserve its foreign money…

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China cracking down on illegal underground foreign exchange trading in bid to govern capital flight

China cracking down on illegal underground foreign exchange trading in bid to govern capital flight

Beijing cracking down on use of unregulated underground banks to buy or sell foreign foreign money to maintain the balance of the alternate price and its slowing financial system The prison period of up to…

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The Forex market Forecast: Pairs in Focus

The Forex market Forecast: Pairs in Focus

The difference among achievement and failure in the Forex market trading is very likely to depend on which currency pairs you pick to exchange each week, and not on the precise buying and selling techniques…

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Sudan’s Bashir bans protests, regulates overseas forex exchange

Sudan’s Bashir bans protests, regulates overseas forex exchange

Sudan’s President Omar al-Bashir banned public gatherings and protests in a sequence of emergency decrees issued on Monday as he faces the maximum sustained anti-government avenue unrest of his 30-12 months rule. In an announcement…

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Hamas looks to Bitcoin to interrupt financial siege

Hamas looks to Bitcoin to interrupt financial siege

In a unique initiative, the government in Gaza are operating to overcome the financial siege enforced on the coastal enclave thru a brand new financial channel: Bitcoin. Bitcoin, entirely digital forex circulated on line, is…

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Zimbabwe Starts Currency Trading in Bid to End Dollar Dearth

Zimbabwe Starts Currency Trading in Bid to End Dollar Dearth

Zimbabwe started formal buying and selling off what’s successfully a new foreign money as it attempts to ease a shortage of dollars that’s overwhelmed the financial system. The initial rate for the southern African country’s…

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Euro takes a breather as buyers put together for ECB assembly

Euro takes a breather as buyers put together for ECB assembly

The euro took a breather in early change on Thursday as traders organized for the European Central Bank assembly, with many hoping any indicators it’s going to upload fresh stimulus into the economy should inject…

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Brexit Shadow Turns Art Collectors Into Currency Traders

Brexit Shadow Turns Art Collectors Into Currency Traders

Bloomberg) — With a parade of Monets, Picassos and Basquiat’s heading to the auction block in London for the subsequent weeks, artwork creditors are preserving a keen eye at each day drama over Brexit and…

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Vivek Gadodia: From device analyst to market wizard

Vivek Gadodia: From device analyst to market wizard

Shishir Asthana ‘Losing a position is irritating while losing your nerve is devastating.’ This quote from unarguably one of the great traders in the international – Ed Seykota rings a bell with every person who…

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China begins to rein in unlawful forex

China begins to rein in unlawful forex

China’s Supreme People’s Court (SPC) and Supreme People’s Procuratorate (SPP) have stepped up efforts to clamp down on illegal foreign exchange (foreign exchange) exchange with the aid of clarifying harder restrictions and pronouncing stricter punishments.…

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