Tag: currency
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
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The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
“Bitcoin as Future Currency” – US Space Company Buys $21 Million Worth
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KULR Technology Group, a space technology company listed on the New York Stock Exchange (NYSE), has made a significant move by purchasing $21 million...
Brazilian Stocks Close Higher, Bovespa Rises 0.01%
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Brazilian stocks finished higher on Monday, with gains in the Electric Power, Basic Materials, and Telecom sectors boosting market sentiment. The Bovespa index edged...
Colombian Stocks Close Lower, COLCAP Index Drops 0.17%
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Colombian stocks ended the trading session lower on Monday, as losses in the Financials, Investment, and Public Services sectors weighed on the market. The...
Mexico Stocks Close Lower; S&P/BMV IPC Falls 0.77%
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Mexican stocks finished lower on Monday, driven by losses in the Industrials, Consumer Goods & Services, and Consumer Staples sectors. The S&P/BMV IPC index...
U.S. Stocks Close Lower, Dow Jones Drops 0.97% as Sectors Weigh on Markets
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U.S. stocks ended lower on Monday, with significant losses in the Consumer Goods, Basic Materials, and Healthcare sectors leading the decline. At the close of...
EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024
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The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This rally comes amid heightened pressure from stochastic...
Central Banks and Sovereign Funds Increase Crypto Reserves
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The rapid rise in the valuation of digital currencies has caught the attention of sovereign investors and central banks, prompting a significant shift in...
South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters
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The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar, prompting the Financial Supervisory Service (FSS) to...
CADCHF Remains Bearish – Market Outlook for December 27, 2024
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The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...
U.S. Stocks Rally, Dow Jones Up 0.91%
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U.S. stocks closed higher on Tuesday, buoyed by strong gains in the Consumer Goods, Consumer Services, and Financials sectors. The Dow Jones Industrial Average...
GBPJPY Remains Bullish – Forecast for December 23, 2024
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The GBPJPY currency pair has confirmed its continued bullish momentum, closing above the 195.85 level, which now serves as a support zone for further...