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Pimco: Cold currency war could trigger a stronger US dollar SYDNEY: The resumption of a "cold currency war" among global central banks could trigger a stronger US dollar, Pacific Investment Management Co said. The Trump administration's protectionist policies now face a counterattack from European and Asian policy makers, said Joachim Fels, Pimco's ...
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Asking real questions about virtual currency An ICO raises capital for a business using blockchain technology by offering investors digital coins or tokens (virtual currency) in exchange for either cash (e.g. US dollars) or an existing virtual currency (e.g. bitcoin). Because virtual currency is not an interest in the company itself, it does not fit within the ...
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Plus500 on the rise despite crypto currency craze losing its fizz Shares in spread better Plus500 rocketed on Tuesday as the firm banked a huge profit windfall from the cryptocurrency frenzy and gyrating stock markets. Plus500 admitted interest had returned to "more normal levels" since the end of February, but it saw a flood of punters as the number of new ...
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Sterling at day's lows as long currency bets crushed LONDON: Sterling fell for a fourth straight day on Monday as investors rapidly unwound their bullish bets on the currency following weak economic growth data and recent comments from the Bank of England that have led traders to reduce their bets on a rate hike next week. The British currency fell 0.3 ...
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Lake District launches own currency to boost business, support the environment and help charities "Finally, if people choose to keep the currency as a memento of their time here, then this creates proceeds for the company which we will split equally between two fantastic local charities which care for our people and landscape – Cumbria Community Foundation and the Lake District Foundation.
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Canadian Dollar Gains in April and USD/CAD outlook The Canadian dollar is poised to finish April as the best performing G10 currency. It is the only currency to record a gain against the US dollar during the month with a gain of 0.25%. The Swiss franc was the worst performing currency, losing 3.39%. The Canadian dollar gain was fueled by the mid-month ...
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