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China move leaves digital currency in bit of bother

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follow the latest news and price to oil from different sites most famous technicals /Paul Wiseman by 2017-01-07 at 15:40

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What it means if Trump names China a currency manipulator

What it means if Trump names China a currency manipulator*/

Paul Wiseman, The Associated PressWASHINGTON — U.S. president-elect Donald Trump has vowed to name China a currency manipulator on his first day in the White House.There’s only one problem – it’s not true anymore.China, the world’s second-biggest economy behind the United States, hasn’t been pushing down its currency to benefit Chinese exporters in years.
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China move leaves digital currency in bit of bother

China move leaves digital currency in bit of bother*/

A warning from China’s central bank about the dangers of trading in bitcoin reversed an early rally in the digital currency yesterday after it had plunged by nearly a quarter the day before.Bitcoin had recovered to trade above the $1,000 mark yesterday morning, after falling to $885 on Thursday, but it then went on to fall by more than 12 per cent to $870.Bitcoins were being traded for about $915 last night.
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US likely to designate S. Korea as currency manipulator along with China

US likely to designate S. Korea as currency manipulator along with China*/

The new U.S. government will likely designate South Korea as a currency manipulator after putting China on its list in the first half of this year, a report said Thursday.”In order to name China as a currency manipulating country, the U.S. has to ease the current standards or lay down new rules,” said the report released by the state-run Korea Institute for International Economic Policy (KIEP).”Should it happen, it is highly likely that South Korea will be designated as a currency manipulator.”
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