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Showing posts with the label Currencies

Gold VS Digital Gold: The Fight Of The Century

Human have been infatuated with gold for a great many years and for good reasons. It keeps going forever, it's anything but difficult to work with and shape, it can be utilized for a ton o…

8 Reasons Why Bitcoin Is Not A Doomsday Investment

Bitcoin has been talked about as a replacement to cash that could withstand an economic crisis and provide a new financial framework for the world. As a current trend, bitcoin is interesting and…

From 1985 Plaza Accord to 2017 'Trump Tower Accord'?

Like Macaulay Culkin, foreign exchange markets circa 2017 may need some direction from Trump. Too strong a US dollar is not usually good for the rest of the world economy, but that's what we have…

Beautician 1, Brexit 0: EU's Turn to Stop It

The pound flies after the court decision was released requiring parliamentary approval of Brexit. A few months ago I featured a story on the legal challenge mounted by British hairdresser Deir Dos Sa…

Mrs Clinton's New E-Mail Investigation Hits Mexican Peso

There's an interesting article on MarketWatch on how the FBI issuing a recent statement that it would look further into Hillary Clinton's e-mails--here we go again--has affected various mar…

Correlation Between Mexican Peso, Trump Poll Numbers

The Mexican peso seemingly moves in the opposite direction to Trump's poll numbers these days. America's Mr. Nasty is apparently making his presence felt south of the border. With Mexico bein…

It's Blitz 2: Central Banks Prepare for UK's EU Referendum

Nasty people like Harry Potter's uncle Vernon Dursley-- EU "Leave" voter --keep central bankers up at night. With voting in the UK's EU referendum just a few hours away, the world&#…

Polish Zloty, Hungarian Forint as Brexit Proxies

Praises be to the zloty? Its foreign exchange shows no imminent '"Brexit." What do the currencies of former Soviet bloc countries have to do with a UK referendum on whether to stay in t…

Nigerian Nightmare 2016: Naira Inconvertibility

Among others, airlines are being negatively affected by Nigeria's ill-conceived currency peg. We've talked about the plight of any number of commodity-dependent countries amid a global plunge…
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