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China and Pakistan’s Currency Swap Deal Extended

China has decided to extend its currency swap agreement with Pakistan for an additional three years. The agreement was first signed in 2011 and this extension of the currency swap agreement comes at a good time for Pakistani as the

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Chinese Banks Make Their First Net Forex Purchase In April 2018

Chinese commercial banks recorded their first net forex purchase for the year this April. Their previous purchase was back in December 2017. The result was that the forex market supply and demand remained balanced based on feedback from the State

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AMF Reports Drop In Forex & Binary Options Complaints

The French Financial Markets Authority (AMF) recently released its 2017 Annual Report which gives us some interesting insights into the forex and binary options market. France implemented the Sapin 2 law in 2017 which prohibits digital advertising of risky financial

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Bitbond Drops SWIFT In Favor Of Bitcoin International Transfers

Bitbond, a German online bank has broken new ground by starting to use bitcoin for international fund transfers instead of going through the SWIFT network like normal banks. Using this service allows small online enterprises to borrow up to €50,000.

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Canadian Regulator Cautions Warn Of Rogue Forex Brokers

The British Columbia Securities Commission (BCSC) has sent out a number of warnings in 2018 cautioning its residents about dealing with rogue bullion and forex brokers. There has been an increase in recent times in the number of Canadians who

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Pebb Yale Truss Plans To Control Forex Fluctuations In Miami

A real-estate investment group known as Pebb Yale Truss has opened its doors to a $300 million lending project that will help out foreign investors who plan to borrow to repay the balance on their Miami condominium investments. Pebb Yale

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Nomura: BoE’s Wish For Credibility Can Help GBP Recovery

Financial analysts at global investment bank Nomura believe that the Pound Sterling has experienced the worst and soon enter into recovery mode. They believe this recovery will be fuelled by the Bank of England’s (BoE) wish to retain its credibility

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Forex Firms Will Be Hurt By Google’s New Advertising Rules

Forex companies advertising online are going to be in a bit of trouble. Google will be implementing its new advertising rules soon which are based on the European Union’s (EU) rules for General Data Protection Regulation (GDPR). These new rules

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AMF Has Shut 138 Binary Options and Forex Websites

The Financial Markets Authority (AMF) in France recently revealed that it has been very active in stopping binary options and Forex firms that have been illegally targeting French residents. The agency backed up their statement with proof of shutting down

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Russia’s New Strict Tax Laws Pose Concerns For Forex Industry

Russia has made changes to its tax laws and has made them a lot more stringent. Banks throughout the country has been forced to step up the supervisory functions and things are set to get a lot more stringent as

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