Renminbi taking on a larger role in FX markets
Last year, the RMB entered the list of top 10 most traded currencies for the first time, according to the latest triennial foreign exchange (FX)market survey by the Bank for International Settlements (BIS). This made the RMB the ninth most actively …
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EM ASIA FX-Baht inches up after military coup, outlook cautious
The central bank was not spotted intervening to support the currency in morning trade, as it did earlier in the week, though traders remained wary of that possibility. Late on Thursday, Thailand's army chief, General Prayuth Chan-ocha, took control of …
Read more on Reuters
Chinese Data Disapponts And Ukraine's Civil War Stresses Currency Traders
Traders are facing a double blow this morning as the new week starts, after violence in the Ukraine escalated to a full out civil war over the weekend. Speculators are … Enter your e-mail address and read FX Empire content directly from your inbox …
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Renminbi taking on a larger role in FX markets
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