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Lacalle: Why A "Crypto-Yuan" Won"t Threaten The Dollar

Lacalle: Why A "Crypto-Yuan" Won't Threaten The Dollar Authored by Daniel Lacalle, A state-owned cryptocurrency is, in itself, a contradict.....»»

Category: blogSource: zerohedgeNov 14th, 2019

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin......»»

Category: forexSource: coindeskSep 11th, 2019

Another "Deal Is Close" Headline Sends Stocks, Bonds, Dollar, Yuan, & Gold All Higher

Another "Deal Is Close" Headline Sends Stocks, Bonds, Dollar, Yuan, & Gold All Higher A high-level conversation... spun as progress... additional headlines from various administration offici.....»»

Category: blogSource: zerohedgeNov 26th, 2019

Billion-Dollar-A-Day Crypto Trading Firm Says It"s Now Taking Outside Money

Billion-Dollar-A-Day Crypto Trading Firm Says It's Now Taking Outside Money Most crypto traders handling any kind of money know to take security seriously. One never knows what hackers, and sometimes even real-life kidnappers, are w.....»»

Category: blogSource: zerohedgeNov 17th, 2019

Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies

Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday......»»

Category: topSource: reutersNov 13th, 2019

The Chinese yuan is above the key psychological level of 7-per-dollar for the first time in 3 months. Here"s why that"s a big deal for markets.

Reuters/Petar Kujundzic China's yuan surged beyond the key psychological level of 7-per-US dollar Tuesday, .....»»

Category: topSource: businessinsiderNov 5th, 2019

Has the Yuan Lost Its Chance to Overtake the Dollar?

Go on any conspiracy theory or political extremist website, and you will find shrieking about the dollar’s imminent collapse. This concept is often backed up... The post Has the Yuan Lost Its Chance to Overtake the Dollar? appeared first on ValueWalk......»»

Category: blogSource: valuewalkOct 29th, 2019

U.S.-China currency deal won"t change dollar-yuan dynamics: experts

A U.S.-China currency agreement being floated as a symbol .....»»

Category: topSource: reutersOct 11th, 2019

Its leash lengthened, China"s yuan flirts with trade war role

China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk U.S. anger by using it as a bargaining chip in already thorny trade talks, market participants believe......»»

Category: topSource: reutersSep 26th, 2019

China"s Efforts To Strengthen The Yuan Show Importance Of U.S. Maintaining A Strong Dollar

China"s Efforts To Strengthen The Yuan Show Importance Of U.S. Maintaining A Strong Dollar.....»»

Category: topSource: seekingalphaSep 17th, 2019

Wells Fargo to Pilot Dollar-Linked Crypto for Internal Settlement

U.S.-based financial giant Wells Fargo is developing a cryptocurrency that will run on the firm’s first blockchain platform......»»

Category: forexSource: coindeskSep 17th, 2019

BlockFi Drops Minimum and Fees on Interest Bearing Crypto Accounts

Minimum deposits have been dropped on BlockFi's Interest Bearing Accounts for bitcoin, ethereum and the gemini dollar......»»

Category: forexSource: coindeskSep 13th, 2019

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits......»»

Category: forexSource: coindeskSep 7th, 2019

"It"s American Hegemony That"s Being Backed Into A Corner" - The Dollar Is More At Risk Than The Yuan

Authored by Alasdair Macleod via GoldM.....»»

Category: blogSource: zerohedgeSep 5th, 2019

Binance Launches Dollar-Backed Crypto Stablecoin With NYDFS Blessing

Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos......»»

Category: forexSource: coindeskSep 5th, 2019

Trade hopes lift global stocks to one-week high, yuan softens

World stocks climbed to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China's yuan softening again, on track for its weakest month in 2-1/2 decades......»»

Category: topSource: reutersAug 30th, 2019

Global stocks scale one-week high on trade hopes, yuan softens

World stocks rose to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China's yuan softening again, on track for its weakest month in 2-1/2 decades......»»

Category: topSource: reutersAug 30th, 2019

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said......»»

Category: topSource: reutersAug 14th, 2019

Dollar, Yuan, & Stocks Are Dumping

But, but, but... yesterday the markets were so "resilient"? The Dollar has dumped to 10-day lows... Yuan is tumbling to the week's lows... And stocks have caught down to yesterday's bond reality... Sell the rip?.....»»

Category: blogSource: zerohedgeAug 9th, 2019

China sets yuan midpoint weaker than 7 for second time this week

China's central bank set the yuan's midpoint weaker than 7 per U.S. dollar for the se.....»»

Category: topSource: marketwatchAug 9th, 2019

Outside the Box: The big reason China won’t let the yuan go into free fall against the dollar has to do with Japan and Europe

China doesn’t want a new front in its trade war with the U.S......»»

Category: topSource: marketwatchAug 8th, 2019