Barry Burns

Cuba Lost in its Currency Labyrinth – Havana Times

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Sep 162021
 
Cuba Lost in its Currency Labyrinth – Havana Times

The 4000 Cuban pesos he earns in wages (166 USD at the official exchange rate, around 65 USD on the street) fly from his hands between electricity bills, …
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FOREX-Dollar dips after last week's climb as Fed doubts resurface | Reuters

Riskier currencies, including the Aussie, Norwegian crown and the Canadian dollar were among the major beneficiaries of a weaker dollar in quiet London trading, …
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ForexLive European FX news wrap: Dollar down, risk bets come alive amid Jackson Hole focus

USD/CAD is down 100 pips in a fall to 1.2715 from around 1.2770 at the tail-end of Asia Pacific trading, with the loonie helped by higher oil prices as the …
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Dollar dips after last week's climb as data eases tapering fears – Yahoo Finance

Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (Adds PMI data, U.S. open) By … senior market analyst at foreign exchange brokerage OANDA in New York.
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Sri Lanka blames food shortages and emergency on 'venomous' traders after printing money …

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Sep 152021
 
Sri Lanka blames food shortages and emergency on 'venomous' traders after printing money …

ECONOMYNEXT – Sri Lanka's food shortages are not 'genuine' but are the 'venomous' acts of a few traders, Foreign Minister G L Pieris said as authorities …
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Nigeria's Private Sector Records Slowest Growth in Six Months | Business Post Nigeria

The Naira finished the week stronger against the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on Friday. At the …
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Worries over currency mutilation syndrome | Dailytrust

Other people, especially market women, squeeze the naira especially when they use the edge of their wrappers they are adorning to tie it. The need to handle …
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Australian Dollar Outlook: AUD/USD, EUR/AUD, GBP/AUD Key Weekly Charts – DailyFX

The currency pair is nearly 3% lower from its 2021 high (1.9154) back in August. The 50-day SMA was broken on the downside action, which saw the move gain steam …
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Exotic Currency Addition: OctaFX Includes Mexican Peso in its asset Pool – FX Empire

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Sep 142021
 
Exotic Currency Addition: OctaFX Includes Mexican Peso in its asset Pool – FX Empire

Finally, the most traded currency from Latin America enters global Forex broker OctaFX's ensemble—the Mexican peso (MXN). Being the third-largest currency …
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Regulatory policies and future of Nigeria's innovation ecosystem – Punch Newspapers

… companies operating in the foreign exchange space which saw the freezing … complying with the Central Bank of Nigeria's regulation on forex trading, …
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Sri Lanka's macroeconomic policy setting | Sunday Observer

… EMEs with limited exposure to foreign currency-denominated debt and … the forex market will continue to face volatility and instability until a steady …
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Analysis: June Brought Further Inflow of Deposits to FX Accounts | Finance Magnates

Once again it was China where retail FX traders made the largest number of transactions per month. Forex deposits and withdrawals. Finance Magnates Intelligence …
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PBOC sets USD/ CNY reference rate for today at 6.4677 (vs. Friday at 6.4863) – Forexlive

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Sep 132021
 
PBOC sets USD/ CNY reference rate for today at 6.4677 (vs. Friday at 6.4863) – Forexlive

People's Bank of China set the onshore yuan (CNY) reference rate for the trading … charting tips, forex analysis, and currency pair trading tutorials.
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UPDATE 1-Sterling approaches two-week high with gains against dollar – Yahoo Finance

Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds details, …
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Prominent Minn. horse-racing couple ran $18 million Ponzi scheme, SEC says | Star Tribune

However, the SEC said Jason Bullard “admitted that he has not traded foreign currencies with investor funds since approximately 2015.”.
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Dalal Street Week Ahead | 10 key factors that will keep the traders busy – Moneycontrol

The market had a historic week that ended on September 3 as consistent foreign money inflow (after dovish US Fed stance), GDP data and auto sales drove the …
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ForexLive Asia FX news wrap: Oil, iron ore down … aluminium, coal up

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Sep 122021
 
ForexLive Asia FX news wrap: Oil, iron ore down … aluminium, coal up

The USD showed patchy strength in Asia trade to open the week. Trading was thinned out a little with the long weekend in the US and Canada approaching …
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Axis Securities Says Nifty at 17,700 by December 2021 – Investing.com India

“Current levels indicate some profit booking in the market (especially Large Caps). Stock picking and Sector Rotation are keys at the current levels to achieve …
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Interactive Brokers Loses $6 Million in Retail FX Deposits – FinanceFeeds

Interactive Brokers Loses $6 Million in Retail FX Deposits. September 4, 2021 1:10 am UTC, abdelaziz Fathi. The Commodity Futures Trading Commission (CFTC) has …
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Ashmore earnings miss, Revenue beats in Q2 – Investing.com India

Analysts polled by Investing.com anticipated EPS of £12.34 on revenue of £141.59M. Ashmore shares are down 12% from the beginning of the year and are trading at …
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Investors, Top Stablecoins Set To Replace Bitcoin In Future! – ForexTV

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Sep 112021
 
Investors, Top Stablecoins Set To Replace Bitcoin In Future! – ForexTV

… can transform the status of other highly volatile cryptocurrencies. … (or FX or off-exchange foreign currency futures and options) trading involves …
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FOREX-Dollar falls to more than 3-week low with payrolls in focus | Nasdaq

“If the payrolls number disappoints, then eurodollar has another excuse to trade higher again because that is going to bring out all the doves again saying the …
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Crypto craze – The Bangkok Post

… to create its own digital currency to expedite transactions between banks … The trading volume of domestic cryptocurrency exchanges have increased 17 …
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BDCs switch to P2P exchange as alternative sources of forex after CBN ban – Nairametrics

Instead, they have become wholesale dealers, illegally in foreign exchange to the tune of millions of dollars per transaction.
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Paints maker PPG warns that Q3 sales will lag guidance by $225 million to $275 million due …

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Sep 102021
 
Paints maker PPG warns that Q3 sales will lag guidance by $225 million to $275 million due …

Shares of paint maker PPG Industries Inc. slid 4% in premarket trade Tuesday, … Forex (or FX or off-exchange foreign currency futures and options) trading …
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Federal Reserve Regional Presidents stock trading – Dallas Kaplan the big swinger – Forexlive

other regional Fed leaders who reported more modest financial holdings and smaller … charting tips, forex analysis, and currency pair trading tutorials.
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NZD/USD bears flirt with 0.7100 after the biggest daily fall in three weeks – ForexTV

NZD/USD remains pressured after two day falls to the weekly bottom. … Forex (or FX or off-exchange foreign currency futures and options) trading involves …
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US Dollar Steady After Friday's Steep Slide as Fed Dampens Hawkish Mood – FX Leaders

At the time of writing, the US dollar index DXY is trading around 92.70. On Friday, the US currency witnessed a sharp drop against other leading currencies …
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Forex: J$151.34 to one US dollar – Jamaica Observer

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Sep 092021
 
Forex: J$151.34 to one US dollar – Jamaica Observer

KINGSTON, Jamaica — The US dollar on Friday, September 3 ended trading at J$151.34 down by 21 cents, according to the Bank of Jamaica's daily exchange …
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CSCS, UBN Property Depress NASD Market Cap by 0.68% | Business Post Nigeria

During the trading session, CSCS Plc depreciated by N1.03 or 6.4 per cent to … Exporters (I&E) segment of the foreign exchange (forex) market on Friday.
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Sri Lanka's 2nd largest trading partner – worried as economic crisis hits island nation – Daijiworld

“Exporters are concerned with the recent development in Sri Lanka particularly the sharp depreciation of the currency as well as the tightening of forex …
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Rupee falls 4 paise to 73.06 against U.S. dollar in early trade – The Hindu

At the interbank foreign exchange, the rupee opened at 73.02 against the … Forex traders said a rally in domestic equities and sustained foreign fund …
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Citi Kicks Off 9th Annual e for education Campaign | Business | thedailytimes.com

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Sep 082021
 
Citi Kicks Off 9th Annual e for education Campaign | Business | thedailytimes.com

“We are excited to announce the addition of three new non-profits to our e for education campaign,” said Itay Tuchman, Global Head of FX. “This initiative has …
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Best Forex Brokers: Top 5 FX Trading Platforms in 2021 – Santa Clarita Valley Signal

Forex, also known as the currency market or the foreign exchange market, is a marketplace where you can exchange one currency for another. Some traders in this …
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BOSSES AND HOW TO SURVIVE THEM-Part 17: The Ignorant Boss – Moneylife

We had been shoved into the dealing room without any training. We were completely clueless about the intricacies of the forex market.
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China requires all foreign ships entering the South China Sea register with Chinese … – Forexlive

… free trade and unimpeded lawful commerce, and the rights and interests of … Founded in 2008, ForexLive.com is the premier forex trading news site …
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3 most traded currency pairs in Nigeria – Punch Newspapers

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Sep 072021
 
3 most traded currency pairs in Nigeria – Punch Newspapers

Forex trading is legal in Nigeria if you use a broker that is licensed to do so, and you simply trade for yourself. All forex market transactions are based on …
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Currency unbound | Columns | northstarmonthly.com

To trade is human, and trade over distance and time and debt needs to be accounted for, and so currencies were born. As trade expanded beyond known society, …
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Kimberly Palmer: Do video games level up kids' money skills? – AP News

He uses Minecraft, another popular video game, to help kids learn about economics. “You see them trade naturally; they get that. Negotiating, trading, buying, …
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Alpaca raises $50M to rapidly scale its API-delivered equities trading business | TechCrunch

Alpaca offers equities trading software via API. … by supporting international customers, it can also earn incomes from foreign exchange fees and more.
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