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Currency Market Calm Seen at Risk as Trade War Concerns Escalate (Bloomberg) -- Global currency markets have remained remarkably sanguine even as mounting U.S.-China trade tensions roiled equities. How long can that uneasy calm last is the question strategists are now grappling with. Even with U.S. President Donald Trump and Chinese officials volleying ...
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SBP issues warning against cryptocurrency transactions The top financial authority's External Relations Department said it prudent to stay away from digital currency deals or investments since its significant price fluctuation, hacking and cybersecurity issues, and closure, "including action by law enforcement agencies", could lead to preventable losses.
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Soros Fund Management Plans To Launch Cryptocurrency Trading, Report Says US investment fund Soros Fund Management, which currently operates about $26 bln in assets, will reportedly be investing in cryptocurrencies, despite the fact that the head of the fund George Soros earlier claimed that crypto is a "bubble", Bloomberg reported Friday, April 6. According to Bloomberg ...
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Goldman: How China could fight back next China could switch to other tactics like barring U.S. service sector companies or intentionally driving down the value of its currency, Goldman Sachs economists said. The U.S. is threatening to put tariffs on $150 billion of Chinese goods, but China can't retaliate in kind because it imported only $131 ...
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Pound Sterling Forecasts at Most Optimistic Since EU Brexit Referendum Shows New Poll A poll of forecasts for the British Pound made by institutional analysts shows expectations for the currency are at their highest since the June 2016 vote to leave the European Union amidst broadening agreement that the UK currency can continue to climb higher. The latest Reuters poll on Sterling ...
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