Bitcoin has been in a safe spot recently. Even so, one must consider the risk that the acquisition of this digital currency does not always guarantee...
China’s yuan fell 10 percent against the dollar since April 2018 and Italy is proceeding with a budget proposal that could hurt the EU’s budget guidelines.
China is planning a broader launch date this year for Yuan-denominated gold futures contracts.
The Chinese government contends that the market just isn’t getting it right.
Global gold demand in Q1 2017 was 1,034.5t.
The yuan fell to an 8-1/2-year low in November and has dropped 6% against the dollar so far this year despite the government’s efforts.
Foreign investors had reasons to fear the Chinese economy due to its foreign exchange rate policies. But is it all psychology?