Tuesday , December 12 2017

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GBP

Why worst may not be over for pound

For the weakening British pound, the worst may not be over. Derek Halpenny, head of global markets research at Bank of Tokyo-Mitsubishi UFJ, said there’s scope for major drops in the currency as the “Brexit” debate rages on. “I think we’re still in for potential further declines,” Halpenny told CNBC’s ...

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FILE - This undated file image posted on a militant website on Jan. 14, 2014, shows fighters from the Islamic State group marching in Raqqa, Syria. T (AP Photo/Militant Website, File)

ISIS ‘making millions’ by gaming forex markets

The militant group that calls itself Islamic State (ISIS) is exploiting national banking operations in Iraq and could be making up to $25 million a month in Middle Eastern money markets, according to experts. Speaking to a U.K. parliamentary subcommittee set up to examine how Britain could help disrupt ISIS ...

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4241653-gold

Is it time to trade Gold?

Here is a fun fact: spot Gold has made a larger range in February 2016 than it did during any other month since August 2013, which is two and a half years ago. It seems as if volatility has returned to this market, and volatility means traders have a good ...

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