India. Sensex. Federal Reserve. “Benchmark indices closed lower on Wednesday amid mixed global cues ahead of the US Fed decision … More
Tag: China
U.S. vs The BRICs: Foreign exchange rates as of 9:29 am EDT. I still expect GBP/USD above 1.16913 …
My morning take on GBP/USD The Jobs Situation Report will be released by the U.S. Bureau of Labor Statistics at … More
Foreign exchange and cryptocurrency rates as of 3:10 pm EDT
I am taking a different approach when monitoring foreign exchange and cryptocurrency rates. The battle between East and West is one traders should be looking at. Today, take a look at the price of the dollar and the rouble in terms of various BRIC nations. Will commodity nations take the day by having their resources pegged to a reserve currency?
Keeping our eye on bitcoin, ether, Nigeria, Venezuela, Russia, India, and China.
Commentary: Quick thought on Barbados
When Barbados dumped Queen Elizabeth II as their head of state, there were concerns that the move was a precursor … More
Binary Options: Why Pelosi’s visit to Taiwan won’t be an impactful event for the AUD/USD.
The mainstream media adds a fear premium in every political story it writes. Nancy Pelosi’s trip to Asia is another example. The Speaker of the House and Democrat of California said her trip is intended to focus on “mutual security, economic partnership and democratic governance.”
Assessing CFTC concerns over Shanghai Clearing House
Today, Commissioner Summer K. Mersinger expressed concerns over the Commodity Futures Trading Commission’s Division of Clearing and Risk’s decision to … More
CFTC’s Division of Clearing and Risk Issues No-Action Letter for Shanghai Clearing House
July 26, 2022 Washington, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) today issued a no-action … More
Statement of Commissioner Summer K. Mersinger on Extension of No-Action Relief to Shanghai Clearing House
The PBOC, SHCH, and SHCH’s clearing members that are U.S. persons or affiliates of U.S. persons should not be able to avoid Commission requirements through perpetual extensions of no-action relief.
Interbank Market News Scan for 18 July 2022 at 9:25 am EDT
FX rates as of 8:59 am 18 July 2022 Currency Pair Exchange Rate GBP/USD 1.1867 USD/XCD 2.7000 USD/JMD 149.8960 USD/DOP … More
Interbank Market News Scan for 15 July 2022 as of 9:52 am EDT. Is China refueling its carry trade?
FX rates as of 9:34 am 15 July 2022 Currency Pair Exchange Rate GBP/USD 1.1833 USD/XCD 2.7000 USD/JMD 149.9110 USD/DOP … More
Alton Drew, Consiglieri 