FxWirePro: Roll on CHF longs in a roller-coaster ride through cash against USD and via optionality …
USDCHF turned elegantly lower towards the end of the week when the dollar lost ground against other reserve currencies in the lead-up to and the aftermath of the Section 301 investigation announcement. The FX market seems to be gripped by springtime lethargy. Even though there are some …
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More structural factors are also at play amid the carry trade's long-term decline. The prospect of higher interest rates in developed economies as central banks dial back post-crisis stimulus is lessening the carry trade's appeal, according to Mark McCormick, North American head of FX strategy at …
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The pair is expected to find its first resistance at 106.37, and a rise through could take it to the next resistance level of 106.80. Moving ahead, Japan's Nikkei services PMI for March, due to release overnight, will attract significant amount of market attention. The currency pair is trading below its 20 Hr and …
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The tax implications of cryptocurrency have become increasingly important as the Internal Revenue Service and other government agencies step up their scrutiny of transactions involving bitcoin or other forms of virtual currency. Despite the fact that the IRS said everything it planned to say about the tax …
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