Not exact matches
That occurs when a
currency crashes
against other currencies, usually by trying to pay debts that its
trade balance can't cover.
And with the British Pound losing so much value
against other currencies,
trade among countries will be dramatically affected.
The confidence in Bitcoin may break as a result of unexpected changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on
trading in virtual
currency in specific areas, imposing high taxes, creating competitive alternative
currencies, deflation, and
other factors which may significantly affect the shaping of the exchange rate of Bitcoin
against other currencies.
The country's healthy
trade surpluses and the Plaza Accord in 1985, which sought to weaken the U.S. dollar
against the Yen and German Deutsche Mark, caused the Yen
currency to appreciate
against other currencies, which in turn made foreign capital investments relatively inexpensive for Japanese companies.
Other currency markets outside China also stabilized, including the South Korean won, which rose
against the dollar in late Asian
trading.
Gold is OK for short term speculative
trading and is better than Forex because you are dealing with only one item and not
against any
other currencies.
While we have no reason to suspect anything untoward, we would recommend that Whaleclub users diversify their
trading with
other providers to protect
against the obvious risks we have all seen in the digital and crypto
currency space.
Having said that, they also post a warning
against Americans: Whaleclub is accessible in over 190 countries with full privacy.Whaleclub live
trading is NOT available to residents of the United States of America or any
other jurisdiction where such services may be restricted.Despite this, there's no doubt that a host of nationalities that can not
trade forex or digital
currencies (Americans, Brazilians, Canadians, etc.) will do so with using the offshore facilities of Whaleclub.
On March 6, 2018, Judge Jack B. Weinstein of the U.S. District Court for the Eastern District of New York ruled that virtual
currencies are commodities under the Commodity Exchange Act (CEA) and therefore subject to the Commodity Futures
Trading Commission's (CFTC) anti-fraud and anti-manipulation enforcement authority.1 Granting the CFTC's request for a preliminary injunction
against the defendants who allegedly engaged in deception and fraud involving virtual
currency spot markets, Judge Weinstein noted that «[u] ntil Congress clarifies the matter,» the CFTC has «concurrent authority» along with
other state and federal administrative agencies and civil and criminal courts over transactions in virtual
currency.2
* Bipartisan group of lawmakers is behind the letter * Japan's entry into
trade talks has raised concern By Doug Palmer WASHINGTON, May 30 (Reuters)- Nearly 200 U.S. lawmakers have signed a letter urging President Barack Obama to insist on new rules
against currency manipulation in a proposed
trade agreement with Japan and 10
other countries in the Asia - Pacific region.
There is often a dominance of one
currency,
against which
other currencies are being
traded.
And does it make a difference based on how the USD is doing
against other currencies (i.e., if it's only weakening
against the Canadian dollar because oil prices shoot up, or if it's weakening
against all
currencies based on
trade deficits)?
In fact, while our dollar has appreciated strongly
against the greenback in the past five years, it is
trading within a tight range
against other major
currencies.
Each nation prices out goods and assets in their own
currency, and then
currencies trade against each
other, subject to arbitrage with commodities, and commodity - like assets.
I'm not too sure about that, however, since the euro
traded roughly sideways
against the Greenback but was weak
against most
other currencies.
The Bank of Japan keeps interest rates at near - zero, making JPY a popular «carry
trade»
currency against other higher - yielding
currencies.
You will also be pleased to learn that they also offer a very wide range of Forex Options and as such you are going to be able to pair up the US Dollar with any
other worldwide
currency and then
trade those two
currencies against each
other.
And the dollar's decline
against other world
currencies only makes the
trade more attractive (because it's even cheaper to pay back).
The dramatic drop of the sterling
against the two
other relevant
currencies (sterling came down from almost $ 1.35 to below $ 1.10, and from almost $ 1.45 to below $ 1.25) in the weeks and months following the referendum decision has sparked substantial
trading activity on the
currency markets.
Customers may invest in Bitcoin, Bitcoin Cash, Ether, Litecoin, or Ripple
against the Euro or the US dollar through their Swissquote
trading account, just as they would with any
other currency, except without access to leverage.
The Cryptocurrency Data Feed is a multi-asset and multi-venue data feed capturing the majority of cryptocurrency exchange
trading volume for leading cryptocurrencies measured
against the U.S. Dollar and
other major
currencies.
The U.S. derivatives watchdog said on Friday that it has filed charges
against three separate virtual
currency operators alleging the defendants had defrauded customers and broken
other commodity
trading rules, in a further sign regulators globally are cracking down on the emerging asset class.
Gold, on the
other hand, is usually used as a reserve
against a potentially flagging U.S. dollar or
other widely -
traded currencies.
It could potentially become available to
trade against other minor
currencies as well.
Moreover, everything
traded against the platform's own internal
currency, NXT, rather than one asset
trading against the
other.»
For more advanced traders, Cryptonaut offers a suite of more detailed options, including support for many types of altcoin and the ability to
trade against various altcoins or any
other fiat
currency.
Because all digital assets have Bitcoin
trading pairs, whenever Bitcoin's price declines, sell orders start executing
against other currencies, too,» Ryan clarified Crowdfund Insider via email.
Bitcoins network effect does affect all
other cryptocurrencies because exchanges usually have the
trading pairs to be set up
against Bitcoin or a fiat
currency.
Lykke users are now able to
trade ether
against all
other tokens and
currencies in the Lykke exchange.