Tag Archives: Tokyo

Why you need a Forex trade betting account

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A Forex Trade Betting Account is the starting point for your Forex investment venture. For the starters the option to use the demo is quite handy, you can even initiate the account with your automatic free play money to start and invest and trade. The benefits of Forex Trade Betting account including the active market that is open 24 hours. You can trade, invest and reinvest any time of day as there is always some market open in Australia, New York or Tokyo. Continue reading

Japan and China to launch yuan and yen direct trading

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Japan and China said Tuesday they will start direct currency trading this week, marking the first time Beijing has let a major unit other than the dollar swap with the yuan. The move, which will scrap the US currency as an intermediary unit, comes as China introduces measures as part of a long-term goal to internationalise its currency, Currency Exchange Toronto and rival the dollar as the world’s benchmark. The yuan-yen trade — part of a wider deal reached last year between Beijing and Tokyo to forge closer ties — will also be allowed to move in a wider range than the narrow band at which the dollar and yuan change hands, Dow Jones Newswires and the Nikkei business daily reported. Continue reading