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| EUR/JPY: Why I'm Watching This Currency Pair From a currency standpoint, if we see any signs of a reversal, then I would go long EUR/JPY at 135 with a take profit target of 138. On the other hand if price dips below 132, then this a significant indicator of a long-term downtrend and I would short this currency pair under these circumstances.
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| Digital-Currency Exchange Sued Over 4-Year Asset Freeze DENVER (CN) – A Colorado man filed a federal class action against the currency exchange Vircurex on Wednesday, claiming it froze $50 million in bitcoin and other cryptocurrencies. In his complaint filed in the District of Colorado, plaintiff Timothy Shaw accuses Vircurex and founder Andreas Eckert, ...
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| Crypto-currencies take huge dive as South Korea considers ban At a press conference this morning, Justice minister Park Sang-ki said that the government is drafting a bill that would ban all trading of virtual currencies on exchanges located in South Korea. "There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ...
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| Currency printing tender dispute moves to court Central Bank of Kenya and De La Rue Limited have separately moved to court to challenge the decision of Public Procurement Administrative Review Board to declare tender issued to the latter to print and supply the new-design currency unlawful. The two want the decision suspended pending hearing ...
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| Ripple surges after teaming up with MoneyGram on cryptocurrency-enabled payments MoneyGram, based in Dallas, Texas, will use XRP to speed up and reduce the cost of transferring money through Ripple's payment network xRapid. Ripple has made headlines in recent weeks, as its native digital currency has surged — and fallen — dramatically. Ripple CEO Brad Garlinghouse said ...
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