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Grassley: China 'cheating on their currency' "I've advocated some very prominent things like calling China out for not letting their currency float, for example," Grassley said in a Fox Business Network appearance. "We've been very cautious about that both with Republicans and Democrats," he added. "I don't see anything wrong with saying they're ...
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Investors Eye Currencies For Those Most At Risk In A Trade War LONDON (Reuters) - Foreign exchange markets appear convinced that a global trade war is unlikely to break out anytime soon, although with long bets on some currencies at record highs, investors fear complacency may be setting in. While the Trump administration's threat to slap tariffs on Chinese ...
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Dollar extends 4-week rising streak but risks lurk "There is a slight undertone of risk off sentiment that is supporting the dollar," said John Marley, head of FX strategy at Infinity International, a currency risk management firm. The dollar index against a basket of six major peers rose 0.1 percent to 90.345. On Friday, the index hit a two-week high near ...
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Bitcoin bounces $700 in less than three hours, capping wild weekend that brought it below $7400 Bitcoin dropped nearly 7 percent towards $7,000 Sunday following reports that Twitter will follow Google and Facebook's lead in banning cryptocurrency ads. It then recovered, rallying $700 in less than three hours Sunday evening. Twitter is reportedly preparing to ban advertising for cryptocurrencies, ...
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Weakening Lira Is a Risk for Debt-Loving Turkish Industrials It was a blowout year in 2017 for Turkey's non-financial companies, which posted record net-income-to-equity ratios. The flip side is that total debt for members of the Borsa Istanbul Industrials Index relative to assets has seldom been higher, a stress point that won't be improved by the currency's slump in ...
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IMF: Greater presence of the euro, a threat for financial stability in Albania A stronger euro, which is dominating over the domestic currency, lek, would act as a threat for Albania's financial stability. The alarm this time is not given by experts in the country, but by the International Monetary Fund. This institution has conducted a special study on Albania, considering as a case of a ...
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Ecstasy, foreign currency seized in Bengal, one arrested Continuing their crackdown against drug racket here, police on Sunday arrested a drug peddler from West Bengal's South 24 parganas district and seized synthetic drug 'Ecstasy' and large amount of foreign currency from him. "Rajdeep Sharma alias Suraj, a resident of South 24 Parganas district's ...
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Kiwi dollar steady ahead of busy week New Zealand currency fifty, dollar note (file picture). Source: istock.com ... "For the week ahead, the FOMC meeting on Thursday morning NZ time holds the most interest, with attention on the new set of projections and how Powell handles the press conference," said BNZ currency strategist Jason Wong.
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Saifu brings crypto and fiat currencies together You use currency of one type to purchase another currency, in the hope that the newly purchased "asset" appreciates in value faster than the money or tokens you just used. But, one of the challenges many people face is exchanging in the trade of crypto or fiat currencies. This is where Saifu comes in.
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Maduro's cryptocurrency 'genius' once pushed US sanctions Gabriel Jimenez, 27, was catapulted to something of tech stardom in Venezuela last month when he stood alongside President Nicolas Maduro and two Russian businessmen on national TV signing a contract to position the petro, as the fledgling currency is known, among international investors.
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Currency Market Trend Analysis: March 19, 2018 Here are the market highlights for some major currencies for this upcoming week.
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