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Currency Market Calm Seen at Risk as Trade War Concerns Escalate "Currency markets have taken on the role of a casual observer, with the initial trade war firing shots taking place on the equity market battlefield," said Viraj Patel, a strategist at ING Bank NV. The tariff threats turning into reality "would be the catalyst for the trade war market dynamics to spillover into the ...
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10 crucial calendar events that determine currency rate When looking at the impact of economic calendar events, the key aspect is to understand why currency rates move in the first place. The interaction of economic events on underlying trends and changing expectations will be the dominant factor in determining currency levels. The biggest impact of ...
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India bans crypto-currency trades India's central bank has announced a ban on the sale or purchase of crypto-currency. In its first policy statement for the current fiscal year, the bank said that financial institutions can no longer deal with entities that trade in virtual currencies such as Bitcoin. The Reserve Bank of India (RBI) has given ...
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Trump Trade War May Actually End Up Supporting China's Currency Before the U.S. imposed metal tariffs and took actions against Chinese exports, NDF curves in South Korea and Taiwan had already been pricing in modest currency gains, particularly in late 2018 and early 2019. The won and Taiwan dollar have stronger fundamentals than the Chinese yuan, since the ...
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CTO signs agreement with Bitt to promote digital currency in regional tourism BRIDGETOWN, Barbados – The Caribbean Tourism Organization (CTO), the region's tourism development agency, has entered into an agreement with blockchain technology company, Bitt Inc., aimed at facilitating the implementation of more efficient payment processes for tourism-related products and ...
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Crypto traders cry foul against RBI crackdown on virtual currency In the wake of RBI guidelines to stop dealing in cryptocurrencies, the traders indulge in such businesses have called for a campaign against the central bank, saying that they will continue to deal in virtual currencies. On Thursday, the bank regulator had released a statement directing all regulated ...
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