Currency Basket

Weekly Outlook, December 18-24, 2021: Key Economic Events to Watch This Week

[ad_1] Weekly Cryptocurrency Summary – Bitcoin (BTC / USD) the BTC / USD coin extended its rally overnight rally, attracting strong bids above 51,500. Bitcoin started a new uptrend against the US dollar, after breaking through the $ 50,000 level. BTC is showing signs of improvement and could reach $ …

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The Sixers never show up in a brutal loss to the Hawks: what I’ve seen

[ad_1] Sixers-Falcons 2 The Sixers (16-15) played host to the Atlanta Hawks (14-16) on Thursday. Philly intended to expand their means of winning to two games. Atlanta was hoping to break a losing two-game skid. Bogdan Bogdanovic scored 10 points in the fourth quarter to send the Sixers to another …

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No, Senator Warren, greed does not cause inflation – OpEd – Eurasia Review

[ad_1] By Daniel Lacalle * Senator Elizabeth Warren recently said the price hike was due to rising corporate profits. “It’s not about inflation, it’s about price hikes for these guys.” It is simply incorrect. No, companies have not doubled their profits and the price hike is not due to corporate …

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American quality still at the highest profitability and valuation discounts since launch

[ad_1] By Alejandro Saltiel, CFA Associate Director, Research Quality stocks have lagged around the world this year, as expected in the early stages of an economic recovery. The WisdomTree US Quality Dividend Growth Index (WTDGI) selects companies that appear attractive based on measures of profitability such as ROE and ROA, …

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Central bank decisions, BOJ, dollar

[ad_1] A currency trader monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images SINGAPORE – Asia-Pacific markets were expected to trade cautiously on Friday, following overnight losses on Wall Street as investors assessed monetary policy …

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What ‘Tighter Monetary Policy’ Means and What Investors Should Do About It

[ad_1] IIf you’ve been paying attention the past few days, I’m sure you know the Fed will conclude its regular meeting today, after which it will issue a statement, and President Jay Powell will give a press conference. Almost every economist, analyst and Fed watchers thinks these things will matter …

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Rupee weakens against dollar and approaches level 76

[ad_1] NEW DELHI: The rupee fell against the US dollar on Tuesday as the global strength of the greenback and weakness in domestic stocks soured sentiment for the Indian currency, brokers said. Traders also preferred to face existing bets on the rupee ahead of the Federal Reserve’s monetary policy statement …

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Insiders suspected of stealing UK bank details

[ad_1] Fraudsters turned bank employees are suspected of infiltrating UK financial institutions (FIs) and committing crimes, The Telegraph reported. More than 2,000 employees on a shared fraud database since 2016 have been reported by High Street banks, mortgage brokers and insurance companies, according to the report, citing figures from the …

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Health workers helped by crypto collaboration beaten by Venezuelan regime

[ad_1] As Venezuelans struggled to survive the pandemic under dictatorship, crypto firm Circle collaborated last year with countries’ opposition to financial aid for healthcare workers who have been left behind in a system. broken down with almost no proper medical equipment and a disheartening price of $ 15 a month’s …

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The exchange rate remains stable in the official market as the supply of currencies increases by more than 100% – Nairametrics

[ad_1] Thursday, December 9, 2021:The exchange rate between the naira and the US dollar closed at 415.07 N / $ 1 at the official window of investors and exporters (I&E). The naira held steady against the US dollar on Thursday to close at N 415.07 / $ 1. This is …

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Sri Lanka needs ‘real depreciation’, says World Bank economist

[ad_1] ECONOMYNEXT – Sri Lanka will need a longer-term “real depreciation” of its currency to boost its exports, said World Bank chief economist for South Asia, making a repeated assertion national mercantilists. “Let me take a longer-term view of the currency, looking at the circumstances in Sri Lanka,” Hans Timmer, …

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Ethereum mining revenue overtook Bitcoin mining revenue in November

[ad_1] A A recent article in The Block shows that Ethereum’s mining revenues exceeded Bitcoin’s mining revenues during the month of November. The two major cryptocurrencies are often mentioned side by side, especially when it comes to new investors looking to build a digital currency portfolio. Exposure to Bitcoin is …

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Reassuring Omicron News Raises Bond Yields, Dollar Against Safe Havens

[ad_1] LONDON, December 6 (Reuters) – The dollar rose against safe-haven currencies such as the yen and Swiss franc on Monday after reassuring news about the Omicron COVID variant, while units like the Australian dollar that were battered by worries growth were also taken into account. an offer. U.S. Treasury …

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bne IntelliNews – ISTANBUL BLOG: Just another day in Turkey’s desperate case

[ad_1] Just another day in Turkey’s economic basket. The country’s statistical institute TUIK released the official report on consumer price inflation for November. The CPI stood at 21.31%, down from 19.89% in October, TUIK reported. This meant that Turkey’s inflation rate was now 6 pp above the central bank’s policy …

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Making good use of SDRs in Africa

[ad_1] Strengthen the capital base of regional development financial institutions to better rebuild Almost 18 months after the start of the COVID-19 pandemic, the Board of Directors of the International Monetary Fund (IMF) approved the issuance of new Special Drawing Rights (SDRs) on August 2, 2021. The IMF proceeded to …

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Loonie Maintains Range Ahead of US Jobs Report; Omicron Loom Fears

[ad_1] “Finally, signs of a major bottom in the works after a steep drop from 2020 high. A recent weekly close above 1.2500 encourages constructive outlook and opens the door for a return to the next one critical resistance in the area of ​​1.3000. Any setbacks should be well taken …

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Chinese yuan hits six-month high against dollar

[ad_1] SHANGHAI, Dec. 1 (Reuters) – The Chinese yuan hit its six-month high against the dollar on Wednesday, helped by strong business demand as the dollar lost some of its strength overnight against the dollar. other major currencies. The dollar had surged after U.S. Federal Reserve Chairman Jerome Powell unexpectedly …

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Cryptocurrencies Post Record Entry In First 11 Months – CoinShares | The powerful 790 KFGO

[ad_1] By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency commodities and funds saw record inflows in the first 11 months of the year, as institutional investors flocked to the space despite price drops in recent weeks , data from digital asset manager CoinShares showed on Monday. Total inflows to the …

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COLUMN: Rebuilding Better Federal Tax Madness | Opinion

[ad_1] I once heard someone say, “Inflation is caused by rising prices. In fact, it is putting the cart before the horse. An increase in the consumer price index is a result of inflation, not its sole cause. Inflation is the decline in the purchasing power of the dollar. The …

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Rupee drops 37 paise to 74.89 against the US dollar

[ad_1] The rupee on Friday plunged 37 paise to 74.89 against the dollar as a massive sell-off of shares, amid concerns over a new variant of Covid and capital outflows, hit currency market sentiment. The dollar index, which measures the strength of the greenback against a basket of six currencies, …

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AUD / USD Heads To October Daily Lows

[ad_1] AUD / USD is on October lows on a strong USD theme. The RBA and the Fed are at the center of this pair with a hawkish bias towards the latter. AUD / USD is stable on this day in calm Thanksgiving market conditions, although that hasn’t stopped the …

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Is Bitcoin the Only Cryptocurrency You Need?

[ad_1] The cryptocurrency world is now inundated with new altcoins, with Shiba inu (CRYPTO: SHIB) being the latest to receive huge appeal among retail traders. However, this craze could run out of steam. As new coins come out, the huge moves of shiny new altcoins can be tantalizing. But unless …

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Bitcoin does not replace gold as a hedge against inflation; Hillary Clinton’s crypto warning

[ad_1] When horrific inflation figures in the United States fell this month, bitcoin was flagged as a possible hedge, but it looks increasingly unlikely. Speculation that bitcoin would be used by investors as a hedge instead of gold seems unlikely despite the horror of US inflation. The price of bitcoin …

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Three must-have tips for investing in cryptocurrency: Floki Inu, Akita, and HUH Token

[ad_1] Since the birth of Bitcoin in 2009, the world has changed around it, resulting in spinoffs, coins and competitors of Bitcoin’s single brand. Bringing cryptocurrencies to the masses and revolutionizing the way people invest their hard earned money. Cryptocurrency goes by many different names these days, but identifying the …

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Taliban government pays Afghan officials again

[ad_1] The Taliban government announced on Saturday that it would once again pay Afghan officials, who have not been paid since the Islamists returned to power, in a country in the throes of a financial crisis. “We will start paying civil servants’ salaries today,” Finance Ministry spokesman Ahmad Wali Haqmal …

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What cryptocurrencies do billionaires own?

[ad_1] It’s 2021 and you could probably sell an NFT of this item. But how could you sell it – on the blockchain, dominated by the Ethereum cryptocurrency. By now, if you are on the Internet, you have heard of the term “cryptocurrency” before. Cryptocurrency is a digital currency designed …

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The dollar takes a breather and hits 16-month highs

[ad_1] The US dollar took a break after a rally and hovered below a 16-month high in early Asian trading on Thursday. The US currency lost ground against the pound and yen overnight even as traders wondered if its recent surge began to falter. The British pound was at $ …

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America rally: dollar companies ahead of Fed policy meeting, Wall Street ends higher, gold prices fall, oil mixed with choppy trading ahead of US stocks, OPEC + meeting of November 3, 2021

[ad_1] Market overview • Building permit Canada Sep (MoM) 4.3%, 3.1% forecast, -2.1% previous • US Red Book (YoY) 16.9%, 15.6% previous • French 12 month BTF auctions -0.651%, previous -0.636% • French auctions BTF 3 months -0.772%, previous -0.736% • French auctions BTF 6 months -0.684%, previous -0.685% • …

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Focus on RBA: AUD / USD holds 0.7500

[ad_1] USD / DXY eases, euro rebounds, Asian / EMFX close is mixed Summary: The Australian dollar held above the 0.7500 (0.7517) mark ahead of the RBA’s monetary policy meeting and rate announcement today (Sydney, 2:30 p.m.). Australia’s central bank is the first of two other major central banks (Federal …

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Weekly Technical Market Snapshot: November 1-5, 2021

[ad_1] US dollar index (daily period): (Italics: previous analysis) Against a basket of six international currencies, the US dollar posted gains last week. After a two-week bearish phase, the index has sailed a stone’s throw from 2021 highs at 94.56. For those who have read the previous weekly preview, you …

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It is imperative for the G20 to act as a leader in the regulation of crypto-assets – Analysis – Eurasia Review

[ad_1] By Ussal Sahbaz So-called “crypto-assets” have recently been the focus of attention by regulators of G20 economies. This article will argue that the G20 has both the opportunity and the responsibility to coordinate these efforts to ensure that the building blocks of the next generation of decentralized finance (DeFi) …

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Nobody likes it, but inflation is taking off

[ad_1] With the S&P 500 closing low on October 27 and mining stocks following suit, surging inflation is starting to rock financial markets. For example, the Bank of Canada announced on October 27 that it was “ending quantitative easing and moving into the reinvestment phase, where it would buy Government …

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No worries about inflation: Minister of Finance

[ad_1] Mustafa Kamal said the rise in the dollar’s price was also normal TBS Report October 27, 2021, 10:35 PM Last modification: October 27, 2021, 10:39 PM Minister of Finance AHM Mustafa Kamal. Sketch: SCT “> Minister of Finance AHM Mustafa Kamal. Sketch: SCT Despite the rising value of the …

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What got in the way of a Pure-Bitcoin ETF?

[ad_1] With the rumor that regulators will soon be accepting a Bitcoin-backed exchange-traded fund (BTC), it’s important to understand the journey of some of the early crypto-based ETFs that were recently approved by government agencies. The United States Securities and Exchange Commission has approved an ETF adjacent to Bitcoin, offering …

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Dollar retreats after weak US factory production data

[ad_1] By Karen Brettell NEW YORK (Reuters) – The dollar plunged on Monday after data showed production at U.S. factories fell the most in seven months in September, erasing earlier gains on expectations the Federal Reserve could be closer to raise interest rates than expected. US manufacturing production has been …

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Inflation drops to 16.63%, raising eyebrows

[ad_1] Saturday, October 16, 2021 / 6:45 p.m. / By FDC Ltd / Header image credit: FDC Ltd Contrary to market expectations, Nigeria’s headline inflation fell again in September to 16.63% from 17.01% in August. This is the 6th consecutive monthly decline and the lowest inflation rate in the past …

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Strateggyz – CLN Vert in Paris

[ad_1] Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. PARIS – (BUSINESS WIRE) – Bruno Boggiani, CEO of Strateggyz, launches CLN Green. In October, Strateggyz launched its CLN Green activity on the Parisian market. Credit Linked Notes (CLNs) are “synthetic bonds” issued by banks to transfer …

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The ins and outs of modern payment processing

[ad_1] Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur United States, an international Entrepreneur Media franchise. According to the World Economic Forum, we are living the beginning of a monetary revolution. The convergence of technological innovations in the telecommunications, banking and retail industries has led us …

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America’s Roundup: Dollar Gains As Soaring Energy Prices Raise Inflation Concerns, Wall Street Rises, Gold Companies, Oil Pulls Back From Multi-Year Highs After U.S. Stocks Build Up on 7 October 2021

[ad_1] Market overview • Non-farm employment change in US in September ADP 568K, forecast 428K, previous 374K • 2:30 pm US gasoline inventories 3.256M, -0.279M forecast, previous 0.193M • 2:30 PM US crude oil stocks 2.346M, forecast -0.418M, previous 4.578M Future Outlook Economic Data (GMT) • 23:50 Japan Seven Foreign …

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Zimbabwe: controlling inflation is a tough task

[ad_1] Zimbabwe’s National Statistics Agency (Zimstat) pointed out that the (annual) year-over-year inflation rate increased slightly to 51.55% in September 2021 from 50.24% in August 2021 after 8 consecutive months of decline from 363% recorded in January 2021. The increase comes as a result of a widening of the spread …

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Dollar drops as traders wait for US jobs data

[ad_1] An employee counts US dollar banknotes at a currency exchange office in central Cairo, Egypt, March 20, 2019. REUTERS / Mohamed Abd El Ghany./File Photo Dollar index down 0.2% British pound extends rebound from 9-month low NEW YORK, Oct.4 (Reuters) – The dollar slipped against a basket of currencies …

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La Jornada – Markets fear rising US inflation

[ad_1] Financial markets ended a week of strong moves, sparked by economic and political events, including bets on U.S. Federal Reserve (Fed) monetary policy tightening, a rebound in inflation and strong debate in the US Congress, while lawmakers have left until the last minute to extend funding that avoids government …

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America’s Roundup: US Dollar Falls for Day 2, Wall Street Rises, Gold Companies, Oil Settles Near 3-Year High Ahead of OPEC + Meeting on October 2, 2021

[ad_1] Market overview • US August Personal Income (MoM) 0.2%, forecast 0.3%, previous 1.1% • August real personal consumption in the United States (MoM) 0.4%, previous -0.1% • US August PCE Price Index (MoM) 0.4%, previous 0.4% • US PCE Price Index (YoY) 4.3, 4.2 previous • US personal expenditure …

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GBP / EUR collapses amid UK fuel crisis

[ad_1] GBP / EUR exchange rate plunges as UK fuel shortages continue The euro pound exchange rate collapsed today, abandoning gains generated yesterday by the Bank of England (BoE) and the German elections. GBP / EUR fell more than 1% to € 1.1588 amid UK economic concerns. Gasoline shortages across …

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Stock futures drop as bond yields hit three-month high

[ad_1] Yields on US government bonds hit their highest level in three months, and stock futures sagged as investors shied away from interest-sensitive tech stocks. S&P 500-linked futures fell 0.8%, a day after weakness in tech stocks pushed the broad index down and ended a three-day winning streak. Tech-rich Nasdaq-100 …

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Digital assets on the rise in Asia, according to Cerulli

[ad_1] KUALA LUMPUR (September 28): Digital assets, including cryptocurrencies, are entering the financial mainstream, according to Cerulli Associates, a Boston-based global research and advisory firm. In a statement released today, the company said major financial institutions are closely valuing digital assets while bringing digital asset innovation to illiquid asset classes …

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Aldi invests $ 1.8 billion in UK growth

[ad_1] At a time when many grocers in the UK are in crisis mode, seeking to overcome labor and supply chain shortages to keep operating, Aldi is taking a different approach. The German discount grocery giant is investing £ 1.3bn (around $ 1.8bn) to expand its presence in the UK, …

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Asian stocks surge higher, oil hits 3-year high – Business

[ad_1] Wayne Cole (Reuters) Sydney, Australia ● Mon September 27, 2021 2021-09-27 11:42 0 e97434844e8b78f10c5dca9afb6de23f 2 Business finance, stock market To free Asian stocks surged higher on Monday as risk sentiment improved, although a surge in oil prices to three-year highs could stoke inflation fears and worsen the recent hawkish …

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Money can’t buy happiness, but what if Bitcoin could …

[ad_1] In a recent interview, entrepreneur Bill Pulte discussed Bitcoin’s allocation and its price outlook with host Natalie Brunell. The millionaire explained that it is necessary for families to invest in Bitcoin because, “Bitcoin buys happiness because it pulls people out of third world poverty… Happiness is economic freedom.” Explaining …

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Dollar climbs as Evergrande uncertainty creeps in

[ad_1] NEW YORK, Sept. 24 (Reuters) – The dollar appreciated on Friday and set to post its third straight week of gains against a basket of major currencies, as uncertainty surrounding embattled Chinese real estate developer Evergrande helped the greenback to rebound after a sharp drop from the previous session. …

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Dollar collapses as risk appetite rebounds

[ad_1] By Saqib Iqbal Ahmed, Chuck Mikolajczak NEW YORK (Reuters) – The dollar fell broadly on Thursday as improving risk sentiment in global financial markets erased gains in the previous session after the US Federal Reserve announced plans to cut its stimulus measures this year. FILE PHOTO: Four thousand US …

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The Power of Forgiveness | Business Seeker

[ad_1] Can you recommend another lawyer? asks Don (not her real name), the manager of a food retail business started by his father. “Lawyer P told us that it was a difficult case and that it would cost us dearly. We want someone with more confidence. “Lawyer P is knowledgeable …

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What will the first two weeks be like?

[ad_1] September 21, 2021 – Speculation and doubts continue to emerge about the future financial scenario in Croatia after the possible introduction of the euro in the country as the official currency, moving the kuna, and CNB governor Boris Vujčić gives some clues as to what it would look like …

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Shilling hits nine-month low with high import bill

[ad_1] Currencies Shilling hits nine-month low with high import bill Tuesday, September 21, 2021 A trader counting money. PHOTO FILE | NMG By OTIATO GUGUYUMore from this author Summary The falling shilling is likely to lead to imported inflation where commodity prices may rise as traders need more local currency …

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