Author: Investor Empires
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Dollar edges higher against major currencies as traders weigh US data By Reuters
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By Chibuike Ojoh and Alun John NEW YORK/LONDON (Reuters) – The US dollar stabilized against major currencies on Friday as markets absorbed a large number of economic data that supported the current monetary policy path of the Federal Reserve (US central bank). The Labor Department reported that its U.S. producer…
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Pound to Dollar Forecast: Will GBP/USD Decline Amid Weak UK Data?
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The Pound to Dollar forecast points to potential weakness in GBP/USD as UK labor and inflation data underwhelm, while the US Dollar remains strong. The post Pound to Dollar Forecast: Will GBP/USD Decline Amid Weak UK Data? first appeared on Investorempires.com.
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Why Isn’t XRP Price Moving? Crypto Pundit Claims The Answer
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This article is also available in Spanish. XRP has been one of the underperformers in the current cryptocurrency market cycle, remaining approximately 86% below its all-time high of $3.84 reached on January 4, 2018. Remarkably, despite the significant volatility Meanwhile, XRP is trading at a similar price to XRP. That…
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Should You Buy Plug Power Stock While It’s Below $4?
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Power delivery (NASDAQ: Delivery) It has lost about 99% of its value since its initial public offering in 1999. The hydrogen fuel cell maker was once considered a promising green energy company, but ran out of steam as its growth slowed and posted heavy losses. The dot-com collapse and some…
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The USD is the strongest and the CHF is the weakest as the NA session begins
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As the North American session begins, the US dollar is the strongest and the Swiss franc is the weakest. Japan was on holiday today and so was Canada (Thanksgiving). The US has a semi-holiday period but US stocks are open (Columbus Day). But the bond market is closed. No economic…
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Bitcoin Price Hits $64,000: Here Are Some Marker-Moving Events To Watch Out For This Week
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Bitcoin price is Back above $64,000Sparking bullish sentiment that the long-awaited “Uptober” rally is set to begin. to be sure Macro events It will happen this week, which market participants should pay attention to as it may impact the cryptocurrency market. Macro events to watch out for as Bitcoin price…
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USD/CNY volatility likely – BOA By Investing.com
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Investing.com – Bank of America takes a look at the pair, seeing potential volatility ahead. At 07:55 EDT (11:55 GMT), the USD/CNY was trading 0.3% higher at 7.0849, up 1% over the past week. “We continue to believe that the upcoming US elections on November 5 and the accompanying tariff…
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Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?
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TRON (TRX) has recently received attention from Burning more than 10 million artifactsDemonstrating its dedication to a deflationary approach aimed at enhancing its value. Currently, TRX Trading at approximately $0.1605, Which indicates a slight increase. Analysts are optimistic about TRON’s future, and expect it to happen 57% increase in prices…
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Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?
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TRON (TRX) has recently received attention from Burning more than 10 million artifactsDemonstrating its dedication to a deflationary approach aimed at enhancing its value. Currently, TRX Trading at approximately $0.1605, Which indicates a slight increase. Analysts are optimistic about TRON’s future, and expect it to happen 57% increase in prices…
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How Gen Z protests, Finance Bill hitch hit KRA collections
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Tax collections in the first quarter of the current fiscal year grew at the slowest pace in at least a decade, excluding the period of the Covid-19 pandemic, reflecting the impact of the withdrawal of the finance bill and business unrest in the wake of deadly Gen Z-led protests. The…
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Is Boeing stock a good buy right now?
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Buying Boeing (BA) Stock on the Dip: A Step-by-Step Trading Plan Using the Levitan Method For investors looking to capitalize on long-term opportunities, buy-the-dip strategies provide a compelling approach. This article presents a structured plan to purchase Boeing (BA) stock using… Levitan methodA buy-low strategy that aims to accumulate stocks…
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Ethereum Founder Buterin Lays Out Possible Futures For ETH
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In a blog mail Released on October 14, Ethereum co-founder Vitalik Buterin outlined potential future improvements to the Ethereum protocol, focusing on technical improvements to its Proof of Stake (PoS) system. Titled “Potential Futures for the Ethereum Protocol, Part 1: Merging,” the publication delves into strategies for improving stability, performance,…
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Britain relies on just 1M top earners for £124bn in income tax
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New data reveals that the UK is increasingly reliant on a small number of first-tier taxpayers to generate a significant portion of its income tax revenue. According to HMRC, the 1.13 million individuals paying the 45p rate are expected to contribute £124 billion this year, representing more than 40% of…
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Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com
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Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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WIF Bulls Charge Toward $2.89 As Key Resistance Test Looms
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Recent trading activities reveal that WIF is gaining bullish momentum, with its price rising towards the critical resistance level of $2.89. After a short pullback, buyers intervene, pushing the asset higher and paving the way for a potential breakout. A successful breakout may open the door to new gains, reinforcing…
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Copper Taps Ex-Goldman Executive as CEO in Strategy Pivot
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Breadcrumb links BMN Business Cryptocurrency custodian Copper Technologies Ltd. has appointed Ammar Kuchinad, former managing director of Goldman Sachs Group, to replace Dmitry Tokarev as group CEO, as it looks to secure more traditional financial companies as clients and make inroads into the US market. Article writer: Bloomberg News Emily…
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China September M2 money supply +6.8% vs +6.4% y/y expected
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Bitcoin Price Today Climbs to $63.9K as Mt Gox Postpones Repayment Deadline
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Bitcoin’s price climbed to $63.9K following news of Mt Gox delaying repayments, while broader crypto markets remain volatile. The post Bitcoin Price Today Climbs to $63.9K as Mt Gox Postpones Repayment Deadline first appeared on Investorempires.com.
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Bitcoin Price Today Climbs to $63.9K as Mt Gox Postpones Repayment Deadline
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Bitcoin’s price climbed to $63.9K following news of Mt Gox delaying repayments, while broader crypto markets remain volatile. The post Bitcoin Price Today Climbs to $63.9K as Mt Gox Postpones Repayment Deadline first appeared on Investorempires.com.