Super Fast Scalping Trading System

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The dollar edged down 0.1 percent to 111.30 yen after ticking up slightly overnight.

The Turkish lira firmed against the dollar after broadcaster CNN Turk, citing diplomatic sources, reported that a delegation of Turkish officials will head to Washington in two days to discuss an ongoing row between the two NATO allies. The currency was trading at 5.2630 against the dollar at 0015 GMT on Tuesday.

It had plunged about 5.5 percent to a record low of 5.4250 overnight after the Trump administration announced late on Friday that it was reviewing Turkey's duty-free access to U.S. markets. (Editing by Joseph Radford)

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"If U.S. economic growth starts to slow down because of tariffs or because past tax-cut effects are waning, then I think the economic performance could fade, which could also lead to fading dollar strength."

The euro stayed fragile after dipping to a five-week low of $1.1530 overnight, as German industrial orders fell more than expected in June, posting their steepest monthly drop in well over a year. It last traded a touch higher at $1.1558.

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The dollar index against a broad basket of currencies traded at 95.345 on Tuesday, not far from a more-than-one-year high of 95.652 reached on July 19.

Some analysts see trade tensions supporting the U.S. dollar as the nation's economy is better placed to handle protectionism than emerging markets, and as tariffs may narrow the U.S. trade deficit.

"There is still a lot of uncertainty on the tariffs. We don't know exactly how much will be implemented and how bad it can get," said Shinichiro Kadota, senior FX and rates strategist at Barclays in Tokyo.

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Comments from officials about a no-deal Brexit stoked fears Britain would crash out of the EU next year without securing a trade agreement. Sterling sank as far as $1.2920 overnight, its lowest since early-September last year, before making up some losses. It last stood at $1.2946.

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* Pound pressured by worries of possible 'hard' Brexit
* Dollar supported by festering international trade tensions
* Turkish lira firms from record-low hit overnight

By Daniel Leussink

TOKYO, Aug 7 (Reuters) - The pound remained weak on Tuesday after dropping to an 11-month low against the dollar overnight on worries over a 'hard' Brexit from the European Union, while simmering U.S.-China trade tensions helped support the greenback.

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FOREX trading has become one of the most innovative ways being used by a number of people in the country for a living.

Bulawayo-based forex trade broker Mr Kuda Mazanga said most people especially youths have turned to online trading in currencies as a way of enhancing their earnings.

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“The journey has been accelerating. We were building something for the very first time, and we started selling to larger buy-side firms. Some of them are attracted to bleeding edge technology while others would rather stick with existing systems and wait and see. As we talked to banks, we found they are investing in blockchain, but they aren’t taking the risk to actually use it. They are investing in multiple blockchain vendors."

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Originally, when the blockchain-powered settlement system was announced back in September 2016, the project was backed by 14 large institutions, including Bank of America, Bank of China – Hong Kong, HSBC and Morgan Stanley, among others. Other banks preferred the wait-and-see approach, as Ram Komarraju — head of innovation and technology at CLS — told Forbes in 2017:

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Marquard of CLS mentioned that some of the banks were reluctant to merge blockchains into their tuned IT systems, mostly due to “security implications”:
“You are not just installing a piece of software. [Banks] need to build operational knowledge and know-how.”

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Having this in mind, CLS planned to offer members two ways to access CLSNet: directly and via the old, tested way — SWIFT, which is a 45-year-old interbank messaging service and a co-operative owned by about 11,000 member banks. As the company’s spokeswoman confirmed to FN London:
“It was always CLS’s intention to launch the service in phases. With the first phase, clients will rely on SWIFT connectivity for inputs submitted to and received from CLSNet. As the service continues to grow with functionality and client adoption, and the DLT matures, CLSNet will enable clients to host their own node.”