Markets

Investing.com– Most Asian currencies nursed steep losses on Wednesday, while the dollar hovered near three-month highs after stronger-than-expected U.S. inflation data brewed more fears that the Federal Reserve will keep interest rates higher for longer.  The was the worst-hit by this trade, as recent dovish signals from the Bank of…

Last updated: February 20, 2024 03:18 EST | 4 min read Amid Bitcoin’s current trade at $51,585 marks a modest 1% dip, spotlighting the resilience and volatility intrinsic to digital currencies. As the financial landscape evolves, with cryptocurrency exchange-traded products (ETPs) amassing $67 billion in assets—echoing the fervor of a…

© Reuters. FILE PHOTO: Swiss Finance Minister Ueli Maurer attends a news conference in Vienna, Austria, August 25, 2020. REUTERS/Leonhard Foeger/File Photo ZURICH (Reuters) – A temporary nationalisation was never a realistic option for embattled Swiss lender Credit Suisse, former finance minister Ueli Maurer told Swiss newspaper SonntagsZeitung, defending his…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid from a fresh three-month high against a major currency basket on Wednesday, as investors consolidated gains following the previous session’s hotter-than-expected U.S. inflation report. The inflation data for January pushed back bets on a first Federal Reserve rate cut to the…

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The $SCORP token by Scorpion Casino has emerged as a beacon for those seeking not only growth but also stability through passive income. As the crypto community buzzes with anticipation for its upcoming CEX listing,…

U.S. stocks ended mixed on Monday, though the Dow recorded another record-high close as investors awaited new inflation data due later this week.What happened The Dow Jones Industrial Average DJIA rose 125.69 points, or 0.3%, to end at 38797.38 — its 12th record close of 2024, according to Dow Jones…

© Reuters Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments.GOOGL still seen as ‘net AI beneficiary’ despite mixed quarterEarlier in the week, BofA Securities analysts commented on Alphabet’s (NASDAQ:) latest earnings report.…

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