CAIRO (Reuters) – Sudan is to devalue its currency to 18 Sudanese pounds per dollar in January from the current exchange rate of 6.7, Finance Minister Mohamed Othman Rukabi told Reuters on Tuesday. The devaluation would encompass the customs exchange rate and take place under the 2018 …
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The Aussie found support in rising equities, as gold and oil outperformed other assets in thin trading. Australian market will open back after a long holiday, but the macroeconomic calendar will remain empty this Wednesday. The pair held above the 50% retracement of its October/December slide, …
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The firm states that it has multiple liquidity provider data streams, and brokers don't need to modify their existing trading applications. … Recently, the ESMA has published a communique that is outlining the concerns that national regulators have when retail forex and CFDs trading is mentioned.
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Trading in spot Forex and CFDs is speculative and involves a high degree of risk. In particular, because it will be conducted using margin (which covers only a small percentage of the value of the foreign currency traded), price changes in spot Forex or CFD can result in significant losses. Therefore …
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