By Karen Brettell NEW YORK (Reuters) -The dollar dropped against the euro and yen on Monday as investors continued to digest last week’s mixed U.S. economic data and looked ahead to a key inflation reading for fresh clues on when the Federal Reserve is likely to begin cutting interest rates.…

Last updated: January 26, 2024 00:44 EST | 2 min read Source: Adobe/FellowNeko Layer-2 scaling network Polygon (MATIC) came close to matching Ethereum (ETH) in terms of crypto user acquisition in 2023.According to blockchain analytics firm Flipside, Polygon acquired an impressive 15.24 million users during the year, falling just shy…

Vanguard’s decision to not offer its users access to bitcoin ETFs has sparked a backlash among some customers, who have decided to close their brokerage accounts and move their money to other platforms. Vanguard users have found themselves unable to buy shares in spot bitcoin ETFs, which started trading on…

© Reuters. A woman holds a gold ornament at a jewellery shop in the old quarters of Delhi, India, May 24, 2023. REUTERS/Anushree Fadnavis/File Photo By Deep Kaushik Vakil (Reuters) – Gold investors anticipate record high prices next year, when the fundamentals of a dovish pivot in U.S. interest rates,…

By Wendell Roelf CAPE TOWN (Reuters) – Shipping companies sailing around the Cape of Good Hope to avoid Houthi attacks on the Red Sea face tough choices over where to refuel and restock, as African ports struggle with red tape, congestion and poor facilities, companies and analysts say. Hundreds of…

By Ketki Saxena Investing.com – The Canadian Dollar started the day on the back foot against its US counterpart, as crude prices weighed on the commodity linked . In a day of up and down trading, the loonie faced pressure against most major currencies, but managed to more or less…

Last updated: January 24, 2024 00:02 EST | 3 min read Russia’s biggest crypto mining industry association has hit out at Moscow’s plans to increase electricity tariffs for miners.The Ministry of Energy wants miners to fork out between two and five times more than they currently pay.As mining is not…

A closely watched gauge of the U.S. dollar’s performance against other major currencies was on track Friday to suffer a “death cross” on the daily price charts — an ominous sounding technical development that’s often seen as a confirmation of a negative change in trend. The ICE U.S. Dollar Index…

© Reuters. Regeneron (REGN) investors can breathe a sigh of relief – Piper Sandler Piper Sandler analysts said in a note Friday that the key perceived Eylea overhang for Regeneron (NASDAQ:) has diminished with the Mylan infringement judgement. Last year, REGN filed a patent infringement lawsuit against Viatris’ Mylan unit,…

By Joe Cash BEIJING (Reuters) – Angola’s decision to leave the Organization of the Petroleum Exporting Countries could open the way for Beijing to increase investment in the country’s oil and other sectors, as part of a deepening of decades-old ties. Angola said on Thursday it was leaving OPEC, effective…