Category: Currency and Forex
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Bitcoin CFD Trading Platform
Bit4x Launches New Clients CFD Trading Account Manager and Generous Referral Program Roseau, Dominica, October 7, 2015 (Newswire) –Bit4x.com’s new client back end system allows clients to fully manage their demo and live accounts for CFD Trading. Traders can check their open orders and balances, manage deposits, withdrawals, set trading account leverage and more –…
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Interest Grows In Offshore Renminbi Trading
Roger Rutherford, chief operating officer of ParFX, said there has been an encouraging start to offshore renminbi trading on the electronic spot foreign exchange platform as Alan Higgins, UK chief investment officer at Coutts, said markets are overestimating how much a slowing Chinese economy will hurt growth in the rest of the world. On 14…
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The Money Illusion
Freedom is, in the historical context, a new idea. Perhaps 97 percent of the time, tyranny has ruled men’s lives. Sun Tzu was popular 2,500 years ago and remains so today while Ludwig von Mises received only a passing mention in the last century. Though one explored the science of war and the other the…
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Global Currency Reset Speculation
Consider the year 1979. In the USSR, the government obstructed price of one ruble is $1.65. Soviet law forbids entry into the country with rubles, meaning tourists are forced to buy the currency at this high price. However, you decide the risk taken in defying Soviet law is worth the potential gain, buy rubles in…
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Offshore Investment Programs for Chinese Residents
A new scheme allowing Chinese individuals to invest in financial markets overseas will be launched this year at the Shanghai Free Trade Zone (FTZ). The program will also see authorities raising the annual quota of foreign exchange for Chinese residents, which is currently capped at 50,000 U.S. dollars a year. “We are working with state-level…