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Currency Speculators Cut EUR, GBP, JPY Bullish Bets, Trim CAD The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators reduced their bets for the Euro from a record high level this week while also pulling back on their sterling ...
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Iran Develops Its Own Digital Currency Azari Jahromi says the CBI ban does not cover home-grown digital currencies and it does not mean Iran will resist against cryptocurrencies, which could shape the future of finance world. "The CBI ban on Bitcoin dealings was made out of concerns such as [it could lead to] foreign currency flight and that ...
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National Bank of Egypt seeking to raise $600 mln club loan -sources Foreign currency liquidity for Egyptian banks has improved since the central bank allowed the Egyptian pound to free float in November 2016, resulting in the currency losing half of its value against the U.S. dollar. Egyptian banks now have access to foreign currency liquidity through the interbank market ...
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