Currency Basket

EUR/USD under pressure in key resistance, focus turns to ECB

EUR/USD is starting flat in the open, licking wounds from Friday’s selloff. The ECB will be at the center of concerns in the coming week. At 1.0721, EUR/USD is stable early in the day ahead of what could be a busy week with the European Central Bank underway and with …

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U.S. Dollar Rising After U.S. Job Growth Beats Expectations

The U.S. dollar edged higher against a basket of currencies on Friday after a better-than-expected U.S. jobs report indicated a tight labor market that could lead the U.S. Federal Reserve to opt for interest rate hikes. interest. Nonfarm payrolls increased by 390,000 jobs last month, the US Department of Labor …

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Avoid the current crypto bear market with Gnox Token (GNOX) and Ripae Finance (PAE)

The bears have tightened their grip on the cryptocurrency market, causing increased volatility and extreme selling pressure for investors. Major crypto tokens have lost up to two-thirds of their value from their all-time highs. The previous crash has shaken investor confidence in various crypto segments. However, market participants are bullish …

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What is a BAT or Basic Action Token?

BAT is a token that can be used to make an action more efficient. BAT is a small reward that you can use to increase the efficiency of your action in the game. BAT are most commonly earned by playing cards, but some cards will allow you to earn them …

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Moody’s confirms Kuwait’s A1 rating

Moody’s Investors Service (“Moody’s”) has affirmed the Government of Kuwait’s long-term local and foreign currency issuer rating at A1. The outlook remains stable. The decision to affirm the ratings is supported by Moody’s assessment that Kuwait’s balance sheet and fiscal reserves will remain strong for the foreseeable future, which preserves …

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RBI’s forex asset basket widens amid uncertainty

TNN Mumbai: The Reserve Bank of India (RBI) will explore portfolio diversification through new asset classes and new markets for managing foreign exchange reserves, the central bank has said. In FY22, the RBI added 61.6 metric tons (MT) of gold, whereby its total gold holdings increased to 760 MT. The …

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NZD/USD struggles near 0.6500 and back towards 0.6460, despite risky mood

NZD/USD is back to weekly highs at 0.6518, although the RBNZ raised rates on Wednesday. The Fed minutes confirmed that all participants were in agreement on increases of 50 basis points for the June and July meetings. NZD/USD Price Prediction: A “bearish harami” in the daily chart is looming, once …

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The rupee up 5 ps at 77.52 against the dollar amid a firm trend in domestic equities

The rupee appreciated 5 paise to 77.52 against the US dollar in Wednesday’s opening session as the firm trend in domestic equities boosted investor confidence. However, soaring global crude prices and relentless foreign capital outflows have limited the local unit’s appreciation bias, traders said. On the interbank exchange, the …

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ED turns to Polad for cost-effective solutions

President Emmerson Mnangagwa BY MASAU PROBLEMEMBATTLED President Emmerson Mnangagwa has turned to members of the Policy Stakeholders Dialogue (Polad) to help him stop the economic turmoil characterized by soaring prices of goods and services. Speaking after meeting Polad directors at State House on Thursday, Mnangagwa acknowledged the country was in …

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Stocks tumble after retail giants sound stagflation alarm

Bond markets rallied on the dive for safety and on bets that interest rate hikes could be recalibrated, but it was gloom that hit stocks after Wednesday wiped out $25 billion from the shares of US retail giant Target which topped the stock. [.N] Wall Street, which haemorrhaged $1.5 trillion …

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Dollar breaks Tk 100, but still ‘hard to find’

Many people who visited banks and exchange offices in Dhaka for the dollar on Tuesday could not find one as its price on the open market rose by at least Tk 5 to Tk 102, the highest rate in the history of Bangladesh, according to traders from Gulshan, Gulistan, Paltan …

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The upward pressure on prices will continue in all sectors; Know why

Inflation is becoming one of the hottest topics in the country, with CPI growth figures hitting their highest level in eight years in April. Now, rising retail inflation has also started to be reflected in product MRP across all segments. FMCG products, such as soap, shampoo and cookies, manufactured items …

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The IMF increases the weighting of the dollar and the yuan in the basket of the SDR

The International Monetary Fund (IMF) raised the weighting of the dollar and Chinese yuan in its basket of special drawing rights (SDRs) following a review of the currencies that make up the international reserve asset. The IMF raised the weighting of the US currency to 43.38% from 41.73% and that …

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The rupee gains 1 paisa to close at 77.49 against the US dollar

On a weekly basis, the rupee depreciated by 57 paise due to a stronger dollar index, risk aversion sentiment and outflows of foreign funds. On a weekly basis, the rupee depreciated by 57 paise due to a stronger dollar index, risk aversion sentiment and outflows of foreign funds. The Rupee …

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Will Nvidia have to protect the RTX 40-series GPUs from the cryptomining craze?

The past few weeks have provided a well-deserved respite for PC gamers and computer builders after two pretty horrific years since the launch of the Nvidia Ampere and AMD RDNA2 graphics architecture. Where we once faced global shortages and skyrocketing prices thanks to a dastardly mix of different issues, it’s …

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Footprints without footprints | THIS DAY LIVE

VIEW OF THE GALLERY BY MAHMUD JEGA All the men and women who paid tens or hundreds of millions of naira for expressions of interest and nomination forms in various political parties to run for president, did they stop for a minute and think about what they are negotiating for? …

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The rupee experiences further depreciation

CARACHI: The Pakistani currency came under renewed pressure as it suddenly depreciated by 0.5% (roughly Re1) to a two-week low of 186.63 rupees against the US dollar on Friday as no significant progress had been made. been achieved in the acquisition of new rescue plans from friendly countries. The rupee …

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Dollar index hits 20-year high, sterling falls against dovish BoE

NEW YORK, May 5 (Reuters) – The dollar hit a 20-year high against a basket of currencies on Thursday as a sharp sell-off in stocks boosted demand for the safe-haven currency and the Federal Reserve was seen as tightening monetary policy more than peers. Stocks fell on Thursday as investors …

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GBP/USD tests support at 1.2475

key ideas The main event of the day is the Fed’s interest rate decision, which will have a significant impact on currency dynamics. Traders will also check the ADP report on the development of employment in the United States A move below the support at 1.2475 will push GBP/USD towards …

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US 10-year Treasury yield hits 3% for first time since 2018

The yield on the 10-year U.S. Treasury hit 3% for the first time in more than three years on Monday, as traders braced for the Federal Reserve to raise interest rates again at a time of soaring inflation and slowing growth. Government bond yields have a profound impact on the …

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What higher inflation means for Australians

Inflation in the US, UK and elsewhere has not been this high in decades. What does this mean for investors? US consumers are paying 8.5% more for consumer staples today than they were a year ago. This is the highest rate of price increase in more than 40 years. In …

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Choose your crypto trading platform carefully, advises HypeManAlex

The wave of digital currency has left most people perplexed. From the common man to the experts, few people can fully explain what cryptocurrency is and what its future holds. So we turned to the person who could best help us. Enter HypeManAlex. From passive income to managing portfolios, here …

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different approaches in the EU, UK and US

I. What are stablecoins? Stablecoins are a subset of crypto-assets, which vary greatly in design, but whose purpose is to maintain stable value, by reference to other assets. There are two major subsets of stablecoins, “backed stablecoins” and “algorithmic stablecoins”. Collateralized stablecoins are designed backed by reserve assets, such as …

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Flight to Quality Drives US Dollar to Two-Year Highs; Aussie crumbles

U.S. dollar banknotes are shown in this illustration taken February 14, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, April 25 (Reuters) – The U.S. dollar hit a two-year high against its rivals on Monday and was on course for its biggest single daily gain …

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Instructive IMF growth forecasts | The Sunday Mail

The Sunday Mail Victoria Ruzvidzo Last week’s revision of global growth forecasts by the International Monetary Fund (IMF) to a possible 3.6% from 4.4% is instructive. While the Brenton Woods institution is generally considered conservative, the scenario playing out on the world stage points to moderate economic growth this year. …

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The Canadian dollar fell the most since December despite the hawkish BoC

TORONTO (Reuters) – The Canadian dollar weakened on Friday to a five-week low against its U.S. counterpart as oil prices fell and the greenback rallied overall, with the loonie slipping despite the fact that the Bank of Canada has opened the door to further interest rate hikes. The U.S. dollar …

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New Zealand CPI beats expectations and NZD/USD comes under pressure from daily resistance

The New Zealand Consumer Price Index, released by Statistics New Zealand, missed expectations and weighs on NZD/USD as follows: CPI (QoQ) Q1 1.8% (est 2.0%; prev 1.4%). CPI (Annual) Q1 6.9% (est 7.1%; prev 5.9%). NZD/USD falls from 0.6806 to a low of 0.6783 so far: Price exited daily resistance …

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India stands up and fights back, but is Uncle Sam taking notice?

Indian media are upset by Jaishankar’s heavy-handed responses to US pressure to toe his line on Ukraine. But the American media did not mention it: which means that official America simply did not hear the reply of the Indian MEA. On the face of it, External Affairs Minister S Jaishankar’s …

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Marine Le Pen exploits cost of living fears as second round approaches in France

In the aftermath of the second round of the French presidential election, far-right candidate Marine Le Pen campaigned in rural Burgundy to press on a sore spot that has marred opponent Emmanuel Macron’s otherwise positive economic record. There, a grain farmer told him of his struggles with soaring fuel and …

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Make tax breaks the basics of the currency stabilization budget

Controlling prices to protect the poor The CPD suggests to the government, also to widen the safety net FE REPORT | Published: April 13, 2022 8:53:25 a.m. | Update: April 13, 2022 8:59:45 a.m. Cooling soaring prices should be a priority in next budget given eroding purchasing power of low-income …

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Venezuela: Inflation at its lowest in a decade as Credit Suisse forecasts 20% growth

Caracas, April 9, 2022 (venezuelanalysis.com) ‒ Venezuela has recorded the lowest monthly inflation since 2012. The country’s Central Bank (BCV) said consumer prices rose just 1.4% in March, less than half of February’s 2.9%. The mark represents the seventh consecutive month with single-digit inflation. Cumulative inflation stands at 11.3% for …

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War in Ukraine pushes international food prices to ‘new all-time high’ |

“It has now been more than two years since the COVID-19 pandemic continues to negatively impact our lives, health and economies,” FAO chief QU Dongyu said. .@FAO Vegetable Oil Price Index 📈 2⃣3⃣.2⃣%, driven by higher seed oil quotes from 🌻, of which 🇺🇦 is the top exporter of 🌍. …

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America Roundup: Dollar Gains as Fed’s Warmongering Policy Outlook Takes Center Stage, Wall Street Ends Lower, Gold Slips, Oil Eases on Welfare Concerns pandemic – April 6, 2022

Market overview • February Canadian imports 56.08 billion, 54.68 billion forecast, 54.00 billion previous •Canada’s trade balance in February 2.66 billion, forecast 2.90 billion, previous 2.62 billion •US trade balance -89.20 billion, -88.50 forecast, -89.70 billion previous • US exports 228.60 billion, previous 224.40 billion • American imports 317.80 B, …

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Homebuilders lay the groundwork for a positive FTSE session

EEuropean markets have had a cautiously positive start to the week as investors mull the prospect of another round of sanctions against Russia as evidence emerges of widespread atrocities against civilians, as well as other crimes of war in the regions surrounding kyiv. Europe UK homebuilders help lead gains on …

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Women’s Final Four live: South Carolina vs. Louisville score and updates

April 1, 2022, 5 p.m. ET April 1, 2022, 5 p.m. ET Connecticut’s Olivia Nelson-Ododa drove to the basket against NC State’s Elissa Cunane in the regional final.Credit…David Butler II/USA Today Sports, via Reuters Defending champion Stanford Cardinal has only one hurdle left to compete for her first repeat title: …

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Borscht inflation shows price shocks in Russia are hard to escape

Even Russian-grown staples are soaring, providing a glimpse of the difficulties ahead for consumers after waves of sanctions following the invasion of Ukraine triggered supply shocks and a sharp devaluation of the currency. Most of the hearty ingredients needed to make borscht, considered a comfort food in Russia and much …

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The rupee jumped 23 paise to 75.93 against the US dollar in early trading

Mumbai: The rupee appreciated 23 paise to 75.93 against the US dollar in Tuesday’s opening session, following a positive trend in domestic equities amid a slowdown in global crude oil prices. A weak U.S. currency in the overseas market also helped national unity, traders said. In the interbank foreign exchange …

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Biden’s actions behind the dollar’s collapse

Biden’s actions are behind the dollar’s collapse By: Valery Kulikov The US dollar, as an international reserve currency, has long served as an essential medium of exchange between countries with different national currencies. To fulfill this role, a reserve currency must be stable, secure and easily accessible to all countries. …

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META 1 – Inaugurating the digital economy

The tides of change are upon the global financial system. People all over the world have been made aware of the benefits and effectiveness of cryptocurrencies. Since Bitcoin entered the market 13 years ago, there has been a steady expansion of decentralization across the world. Today, the digital economy is …

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India erases Russia’s decision to invest in Indian corporate debt

New Delhi: Even as much of the world distances itself from Russia for invading Ukraine, particularly in the financial sector, the Narendra Modi government has approved a proposal from Moscow that will allow it to invest in debt securities of Indian companies, ThePrint has learned. Senior government officials told ThePrint …

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Column: Hedge Funds Go Long Dollars, Curve Steepers Before Fed Liftoff

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 17, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register ORLANDO, Fla., March 21 (Reuters) – Hedge funds rushed to raise interest rates from the Fed betting on a stronger …

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Zuckerberg announces that Instagram will integrate NFTs

Facebook founder Mark Zuckerberg has confirmed earlier reports that video and photo sharing app Instagram plans to add non-fungible tokens (NFTs) to the platform. The CEO of Meta Platforms Inc. (FB) told Daymon John of Shark Tank at the South by Southwest conference in Austin, Texas on Tuesday that the …

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Dollar Peak Imminent For Traders Looking At Fed Hike History

(Bloomberg) – The dollar has outperformed all major currencies over the past nine months on the prospect of interest rate hikes from the Federal Reserve, but the end of its rally could be in sight, if history is a guide. Bloomberg’s Most Read The U.S. currency has weakened an average …

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Dow records fifth straight week of losses as Biden says allies are trying to avert World War III

US stocks closed lower on Friday, with all three major benchmarks posting another week of losses, after President Joe Biden called for a suspension of normal trade relations with Russia amid sanctions aimed at economically isolating Moscow for his unprovoked attack in Ukraine. Tentative optimism about the war, linked to …

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Switzerland: The Land Inflation Left Behind

Swiss inflation, at 2.2%, is only a fraction of the rates peers face Some prices, like health care, are falling Politicians legislated to fight high prices The Swiss energy mix, wage moderation and the strong franc also contribute BERN, March 11 (Reuters) – While the rest of Europe grapples with …

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Panel to examine impact of Russian sanctions on Indian economy

A high-level inter-ministerial group has been formed to examine a barrage of economic sanctions imposed by the West on Russia following its invasion of Ukraine and their likely impacts on India’s economy, an official familiar with it has said. of development. As the Ukrainian conflict escalates, India has stepped up …

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Euro rises from 22-month low on EU bond issuance plans announced

A shop cash register is seen with sterling and euro currency in the cash register in the border town of Pettigo, Ireland October 14, 2016. REUTERS/Clodagh Kilcoyne Join now for FREE unlimited access to Reuters.com Register The euro is gaining against other currencies like the yen and the Swiss franc …

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Ukraine War Clouds Solid US Wage Bill: EUR/CHF Tanks, Yen Gains

Aussie soars to 2022 highs; Rise in metals, stocks, fall in bond yields Summary: The war that began with Russia’s invasion of Ukraine continued into its eleventh day over the weekend. Ukraine’s defense has been far more effective than Russia’s leadership expected of anyone else. The latest reports on the …

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Reaching a billion faces with vernacular content and micro-influencers

Brands that embrace localized content not only attract a wider audience through better recognition, but also build trust and an emotional connection, leading to increased conversion rates. By Ankit Agarwal When Lufthansa launched the “More Indian than you think” campaign in 2014, no one expected its success. The airline created …

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Partizan BC and Blocksport: Technology at the Service of Sport and a Whole New Way to Engage Fans

One of Europe’s most successful basketball clubs with 48 trophies including the European Champion trophy at the EuroLeague Final Four in Istanbul in 1992 is the first basketball club in the world to embrace the power of blockchain technology, digitization and tokenization by signing a 5-year partnership with the Swiss …

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Japanese Yen May Rise as Leveraged Loan Market Risks Rise

JAPANESE YEN, LEVERAGE LOANS, FEDERAL RATE HIKES – TALKING POINTS Japanese yen outlook bullish on ‘high’ risks in $3 trillion leveraged loan market The low interest rate regime has prompted companies to issue and buy high yield debt securities Fed rate hikes on the horizon could undermine credit-dependent lending stability …

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What’s at stake for India as Russia invades Ukraine?

As aerial sirens followed one another in almost every major city in Ukraine, including its capital, their echo was heard around the world. In addition to the humanitarian consequences of war, the world will also have to bear its economic costs. Around 4,000 miles away in India, benchmark stock indices …

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The euro retreats after the shock of the war

The euro edged higher on Friday after Thursday’s sharp declines following Russia’s invasion of Ukraine. The U.S. dollar edged lower against most currencies as markets pulled back from some of the stormy moves of the previous day. The Russian ruble also recovered ground, trading at around 83.5 to the US …

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Soaring crude oil prices would require RBI to act: MPC minutes

Mumbai: Members of the RBI’s monetary policy committee had been considering what steps to take in case the situation in Europe leads to higher oil prices. Minutes of the February 9 Monetary Policy Committee (MPC) meeting, released on Thursday, reveal that central bank policy action would be needed if energy …

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Australian stocks rebound on bargain hunting

The Australian stock market ended its session higher on Wednesday, February 23, 2022, as investors searched for bargains following Western nations’ sanctions on Moscow, with mining and healthcare stocks being notable gainers. At the close, the benchmark S&P/ASX200 index rose 44.41 points, or 0.62%, to 7,205.69. The broader …

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Nepal’s external debt down due to falling dollar

Nepal’s external debt stock decreased slightly in the second quarter of the current FY 2021-22 in local currency from the first quarter despite an increase in the flow of foreign loans in the quarter. This is due to foreign exchange gains made by the national currency due to the depreciation …

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Speculators net long bets on falling USD – CFTC, Reuters

NEW YORK, Feb 18 (Reuters) – Speculators’ net long bets on the U.S. dollar fell last week, according to Reuters calculations and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $6.76 billion for the week ended Feb. 15, the lowest …

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Factbox: UK inflation at 30-year high – what’s changed since 1992?

People shop at a supermarket in London, Britain December 24, 2021. REUTERS/Kevin Coombs Join now for FREE unlimited access to Reuters.com Register LONDON, Feb 16 (Reuters) – Britain’s inflation rate hit its highest level since March 1992 in January, when it rose to 5.5% and is expected to extend its …

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3 reasons why cryptocurrencies are a long-term investor…

With Bitcoin and with the cryptocurrency market growing at over 150% annually, it’s easy to see why long-term investors are getting more involved in this new asset class. But how do we know that cryptocurrencies are a good long-term investment? Just ask yourself these 3 questions: Is there massive adoption …

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Dynamic asset allocation funds rated 5 stars to bet in 2022

Why Invest in Dynamic Asset Allocation Funds For the month of January 2022, Dynamic Asset Allocation/Balanced Advantage funds in the hybrid category recorded the second highest positive inflow of Rs 2,762.95 Cr. Dynamic Asset Allocation funds recorded Rs 1,73,958.68 Cr as net assets under management and Rs 1,74,985.91 Cr as …

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Dollar Rising on Higher-Than-Expected U.S. Inflation, Fed Rate Hike Bets By Investing.com

© Reuters By Gina Lee Investing.com – The dollar was higher on Friday morning in Asia, with stronger-than-expected U.S. inflation data and hawkish comments from a Federal Reserve policymaker accelerating expectations for aggressive interest rate hikes. However, similar pressures globally have limited the gains. The trailing greenback against a basket …

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Dollar Up, Euro Near Three-Week High As Central Banks Continue To Strike Belligerent Tone By Investing.com

© Reuters. By Gina Lee Investing.com – The dollar was up on Monday morning in Asia, with the euro nearly hitting a three-week high the previous week. Investors continued to digest the European Central Bank’s (ECB) hawkish turn while saying further near-term gains are less likely as the looming US …

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BOZICH | Illinois shows Indiana what Hoosiers still lack in 74-57 loss | Sports

BLOOMINGTON, Ind. (WDRB) – Defeating a ranked team from Ohio State was the first indication that things were headed in the right direction for the Indiana University men’s basketball team. Beating Purdue, a Top 10 team, inspired the students to storm the court at the Simon Skjodt Assembly Hall. But …

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Africa’s Largest Crypto Exchange Eyes US Expansion

(Bloomberg) – Africa’s largest cryptocurrency exchange is seeking a foothold in the United States, the latest international hub to try and tap into one of the largest digital asset investor populations in the world. world. Bloomberg’s Most Read Owned by conglomerate Digital Currency Group Inc., Luno is evaluating regulatory regimes …

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The Value and Importance of Currency Hedging in 2022

In an environment of global inflation and rising interest rates, advisers and investors should be aware of how changes in exchange rates can affect their international investments. A recent webcast featuring DWS and 3EDGE and hosted by Tom Lydon, CEO of ETF Trends, discusses the short and long-term outlook for …

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South African rand strengthens as dollar struggles, stocks rise

youpdate rand, add stocks JOHANNESBURG, February 1 (Reuters) – The South African rand strengthened on Tuesday, holding onto gains made in the previous session after the dollar fell as investors consolidated the greenback’s recent gains. At 3:50 p.m. GMT, the rand ZAR=D3 was trading at 15.3200 against the dollar, 0.49% …

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Sensex Gains Over 1,000 Points As Government Releases Economic Survey; Nifty Realty shines

By Malvika Gurung Investing.com — The fiscal week kicked off with India’s benchmark equity indices opening higher as the government tables the economic survey on Monday, while tracking positive global signals and large-scale buying. opened 1.17% higher and the 30-scrip opened green at 1.16% on Monday. As of 1:21 p.m., …

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A weaker kuna when Croatia joins the eurozone could cause problems

January 30, 2022 – A weaker Croatian national currency (kuna) when Croatia joins the Eurozone could cause more problems than it solves. As Poslovni Dnevnik/Ana Blaskovic writes, with Croatia’s rapid approach to joining the Eurozone, which is expected to take place at the very beginning of 2023, one of the …

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Russian economy can do without the dollar and can be replaced by the euro or the yuan, according to Medvedev

GORKY, January 27. /TASS/. Russian Security Council Deputy Chairman Dmitry Medvedev believes the country can do without dollar payments if necessary, replacing them with euro or yuan payments. “Yes, the absence of dollar payments can be replaced by euro payments if there are decisions on the euro, the yuan exists. …

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EUR/USD under pressure after Powell’s hawkish signals

The euro loses ground against the US dollar EUR/USD is currently trying to settle below support at 1.1200 as the US Dollar gains ground against a large basket of currencies. The US Dollar Index is testing the resistance level at 96.70. If this test passes, the US Dollar Index will …

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How to understand the environmental impact of blockchains

Generally, people know that blockchains consume huge amounts of energy, but why and how to reduce it will be key in discussions about blockchain and Web3-based applications in times of climate crisis. why is it important It is no longer controversial to say that economies, businesses and technology must try …

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Why cash is still king for me

I recently embarked on a simple mission: crack the £10 note in my purse to get a five to put in the church collection plate on Sunday. My first attempt failed. The cafe, where my order was delivered with a roll of metropolitan disdain, no longer accepted cash. I sat …

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Von der Leyen presents his vision for a stronger Europe

Twenty years ago, on 1 January 2002, twelve EU countries exchanged their national currency banknotes and coins for the euro in the biggest currency changeover in history. During these two decades, the euro has contributed to the stability, competitiveness and prosperity of European economies. More importantly, it has improved people’s …

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EUR/USD tests resistance at 1.1365

The euro gains against the US dollar The EUR/USD is currently trying to establish itself above the resistance of the 50 EMA at 1.1365 while the US Dollar is under pressure against a large basket of currencies. The US Dollar Index recently managed to break below the 50 EMA at …

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Interest rate, oil price and dollar

SINGAPORE — Asia-Pacific markets looked poised for a lower start on Wednesday after an overnight selloff on Wall Street. Nikkei futures indicated opening declines for the Japanese benchmark at the top of the hour. In Australia, the ASX 200 fell 0.67% in early trading, with most sectors trading lower. The …

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How blockchain can help companies improve asset management, interview with AXA Investment Managers

Since its inception, blockchain has been considered one of the most promising technologies, which will impact our lives for decades. Many companies and institutions have tried to implement it, but critics believe that blockchain is still in its infancy. We know blockchain has the ability to disrupt multiple sectors of …

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Marks & Spencer- Record Christmas reaffirms its guidelines

No recommendation No news or research article is a personal recommendation to discuss. All investments can fall or rise in value, so you may get back less than you invest. In the 13 weeks to January 1, group sales, excluding currency movements, were £3.3bn and 8.5% above pre-pandemic levels. This …

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GLOBAL MARKETS – US stocks fall after Fed’s Powell announces 2022 rate hikes on the charts

By Koh Gui Qing, Karin Strohecker (Updates to add comments from Fed Chairman Powell) * US stocks deepen losses after comments on Fed chairperson’s rate hike * Rebound in European and Asian equities * US Treasury yields rise slightly following remarks by Fed Chairman NEW YORK / LONDON, Jan.11 (Reuters) …

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US equity futures drop as Goldman raises Fed rate hike forecast

[ad_1] U.S. equity futures fell on Monday as concerns about Federal Reserve policy spilled over, especially in the tech sector. What is happening Futures contracts on the Dow Jones Industrial Average YM00, -0.13% fell 48 points, or 0.2%, to 36,059. Futures on the S&P 500 ES00, -0.32% fell 0.3%, or …

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Ray Dalio provides advice on cash, bonds and Bitcoin

[ad_1] Hedge fund owner and CEO of Bridgewater Associates, Ray Dalio, has warned investors that cryptocurrency could be banned and advised against holding cash and bonds. A controversial statement for sure, but it’s not easy to ignore the advice of a man with a net worth of over $ 17 …

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Commission approves 2022-2027 regional aid map for Greece

[ad_1] Twenty years ago, on January 1, 2002, twelve EU countries changed their national currency notes and coins to the euro in the biggest currency change in history. During these two decades, the euro has contributed to the stability, competitiveness and prosperity of European economies. Most importantly, it has improved …

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Ringgit opens lower on stronger US dollar support

[ad_1] KUALA LUMPUR: The ringgit opened lower against the US dollar on firmer buying support for the greenback, supported by better US employment data. At 9am, the local currency was trading at 4.1970 / 2005 against the greenback of 4.1930 / 1955 at Wednesday’s close. According to US ADP Non-Farm …

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DXY Pulls Back Towards 96.00 As ISM Survey Highlights Easing Supply Chain Problems

[ad_1] The DXY fell back to near the 96.00 level following the latest US data, erasing early gains. The latest ISM manufacturing report fell to 58.7 in December from 61.1 due to lower prices paid. The DXY fell into negative territory that day in recent trading and is probing the …

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3 best stocks we bought for 2022

[ad_1] With many growth stocks hit by a final sell-off in the final weeks of 2021, deals now abound. Tech companies are doing more than well in the second year of the pandemic and are poised to continue expanding their reach into the global economy in the new year and …

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Investors expect a technical breakout of well-defined levels

[ad_1] EUR / USD entered a phase of consolidation around 1.1300. The ECB’s Knot sees the possibility that the bond buying program will end sooner than expected. Investors are expected to sit on the sidelines while they wait for volumes to return to normal levels. For the second day in …

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Morgan & Co will list a negotiable fund

[ad_1] The herald Nelson Gahadza, Senior Business Journalist Morgan & Co Limited is preparing to introduce a multi-sector exchange-traded fund (ETF), which will be listed on the Zimbabwe Stock Exchange (ZSE) early next year. Morgan & Co said in a statement that ZSE has already approved the listing of the …

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Devina Mehra | World premiere | Market Outlook: 2022 should be a decent year; Trendline doesn’t indicate a big correction: Devina Mehra

[ad_1] “You have to look at the export or import substitution sectors, in particular in accordance with the PLI regime. There will be pockets in chemicals, automotive and automotive components. We don’t like two-wheelers, for example, but the automotive sector and we have to be choosy now ”, says Devina …

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Analyze another trade deficit crisis

[ad_1] KARACHI: When the first wave of the pandemic hit Pakistan, policymakers were concerned about the contraction in economic activity and the uncertainties accompanying the closures and blockages announced by the government. Various incentives have been given to different sectors to ensure that the impact of the Covid-19 shock is …

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