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Dollar slips after upbeat China data; euro, pound rise
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European shares set for weekly gain on U.S. inflation outlook
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European shares rise as US inflation data signals end of rate-hike cycle
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Dollar drops as inflation cools more than expected
Dollar dips ahead of inflation data later this week
Date: April 11, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal Reserve interest rate hikes. Consumer price data on Wednesday is expected to show headline inflation rose by 0.2% in March, while...
Wall Street slips, dollar gains as Fed seen hiking rates in May
Date: April 10, 2023
By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week suggested the Federal Reserve will hike interest rates in May, while the yen weakened after Japan’s new central bank governor vowed to maintain ultra-loose policy. Gold prices slipped below the key $2,000...
Cryptoverse: Bitcoin traders like their options
Date: April 5, 2023
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March...
Markets in Q1: Moving fast and breaking things
Date: March 31, 2023
(Corrects typo in paragraph 28, commercial not commerical) By Marc Jones LONDON (Reuters) – From a red-hot January as China cast off COVID curbs to February’s flop when interest rates surged and now a manic March of banking blow-ups – financial markets have had an action-packed start to the year even by recent standards. Totting...
Dollar trims gains vs euro after U.S. inflation data
Date: March 31, 2023
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on Friday after U.S. data showed personal consumption expenditure growth slowed in February, supporting hopes of a softer monetary policy approach from the Federal Reserve. U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while...
Forex Launches on Blockchain as Pendulum Deploys Its Parachain
Date: February 27, 2023
Berlin, Germany, 27th February, 2023, Chainwire Forex-focused layer 1 blockchain Pendulum has announced the successful mainnet launch of its Polkadot parachain. As a result, the Pendulum chain is now connected to the Polkadot ecosystem, allowing businesses & fintechs to enter the world of decentralized finance. The move ushers in a new era for Forex, bringing...