Tag: dollar
Yen Falls to 34-Year Low Amid Intervention Concerns
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The yen remained under pressure, hovering around the weaker side of 155 per dollar on Thursday, as the Bank of Japan (BOJ) commenced its...
Tech Slide Hits Stocks; Yen Flails at Intervention Zone
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Asian stocks experienced declines on Thursday, influenced by disappointing earnings forecasts from Meta Platforms, the parent company of Facebook, which led to a sell-off...
The Ancient Metal and the Modern Currency: A Debate Between Gold and Crypto
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In the heart of Bulgaria, a discovery in 1972 unveiled a treasure trove dating back to 4500 BC, marking humanity's earliest known use of...
Which country has cheapest gold?
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For millennia, gold has held a special place in human history as a store of value, a symbol of wealth, and a tangible asset...
Where do rich people put their money?
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For those fortunate enough to accumulate substantial wealth, the question of where to invest their money becomes paramount. While there's no one-size-fits-all answer, as...
Currency Market Update: Dollar Hit by PMI Data, Aussie Soars on Inflation Surprise
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On Wednesday, the dollar found itself reeling from significant losses against the euro and sterling, while the yen remained entrenched near 34-year lows despite...
Japanese Ruling Party Official Signals Potential Intervention as Yen Nears 160 Against Dollar
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In a recent interview with Reuters, Takao Ochi, a senior official from Japan's ruling party, indicated that policymakers may consider taking action as the...
Gold Prices Steady Amid Dollar Weakness; Await More Rate Signals
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Gold prices maintained a narrow range in Asian trading on Wednesday, finding some support from a weaker dollar, although traders remained cautious amid expectations...
What is the next strongest currency?
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In the ever-evolving landscape of the global economy, currencies play a crucial role as the medium of exchange, store of value, and unit of...
Citi Predicts Continued Weakness in GBP Amid Dovish BoE Signals
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Analysts at Citi FX have underscored a dovish shift in the recent remarks from the Bank of England (BoE), leading to a diminished value...
Asian Currencies Hold Steady Amid Awaited Rate Cues; Yen Unfazed by Intervention Concerns
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Asian currencies exhibited minimal movement on Tuesday despite a slight weakening of the dollar, as traders awaited further cues on the U.S. economy and...
How much is 1 gram of 9999 gold worth?
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Gold, often revered for its intrinsic value and timeless allure, has been a symbol of wealth and prosperity for centuries. In today's global economy,...