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Iran's banks banned from dealing in crypto-currencies Iran's central bank has banned other banks from dealing in crypto-currencies, over concerns the technology could be used illegally. It said Bitcoin could be "turned into a means for money-laundering and financing terrorism" and "a means for transferring criminals' money". Iran's currency, the rial, ...
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Appliances And Vehicles Market Hit By Forex Crisis, Blackouts on the Way Two weeks after the Rouhani administration introduced its new foreign exchange policy of a single rate for US dollar, travellers and businesses complain that foreign currency is not available at the government-imposed rate of 42,000 rials for a dollar. Vice-President Ali Asghar Mounesan told the Iranian ...
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Currency snapshot (major pairs) Dollar index trading at 90.71 (+0.39%). Strength meter (today so far) – Euro -0.46%, Franc -0.18%, Yen -0.57%, GBP -0.25%. Strength meter (since last week) – Euro -0.46%, Franc -0.18%, Yen -0.57%, GBP -0.25%. EUR/USD –. Trading at 1.223. Trend meter –. Long term – Buy, Medium term – Buy, ...
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Fundamental Charge to Technical Cues for Aussie, EUR/USD, EURCHF Though its yield has struggled and risk trends have not raised the profile of the wayward carry trade, this currency has been deflating for years. This could potentially translate to a number of opportunities, but I'm most interested in GBP/AUD as it pairs to an overbought currency: the Sterling. I like the pair ...
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