Category: months
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Rupee ends lower, logs worst single-day fall in nearly two months By Reuters
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Written by Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee fell on Wednesday, posting its worst day in nearly two months, as demand for dollars from importers and foreign banks erased almost all of the currency’s gains earlier in the week. The rupee closed at 83.9225 against the US dollar,…
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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Bitcoin Price Plunge Triggers Largest Long Position Liquidation In Months
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In a downward trend for Bitcoin In the cryptocurrency market, the recent drop in the price of Bitcoin has led to massive liquidation of long positions. This negative event, which has caused broader pessimism in the entire market, has highlighted the risks of leveraged trading and the inherent volatility of…
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Kenya’s private sector activity in sharpest fall in 39 months on GenZ protests
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Kenya’s private sector activity fell by the most in more than three years in July as deadly social unrest disrupted businesses. Business conditions such as output, new orders and employment in July deteriorated at the fastest rate from June since April 2021 when the world was grappling with the shocks…
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Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease
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Written by Roshni Nair (Reuters) – Investors have become bullish on the Singapore dollar for the first time since mid-December as growth and inflation dynamics in the city-state continue to support the local currency, while bearish bets on most Asian currencies have eased, a Reuters poll showed on Thursday. Long…
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Stocks tumble as the S&P 500 caps off its worst week in 3 months
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Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.Lucas Jackson/Reuters U.S. stocks closed lower on Friday, marking the S&P 500’s worst week since mid-April. A global IT outage caused by a Crowdstrike update exacerbated Friday’s stock…
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Inheritance tax receipts hit £2.1 billion in three months
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Figures released by HMRC this morning showed inheritance tax revenues hit £2.1 billion between April and June in the 2024/25 tax year. This is £83m more than the same period last year, continuing a two-decade trend of increased revenues. The previous full tax year saw total inheritance tax revenues of…
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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
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Recent data shows that Bitcoin mining difficulty is down and has hit its lowest levels since May. This is significant considering what this could mean for the Bitcoin ecosystem, especially Bitcoin price. Bitcoin mining difficulty drops to 79.5 trillion Data From CoinWarz it appears that: Bitcoin mining difficulty It dropped…
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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?
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Recent data shows that Bitcoin mining difficulty is down and has hit its lowest levels since May. This is significant considering what this could mean for the Bitcoin ecosystem, especially Bitcoin price. Bitcoin mining difficulty drops to 79.5 trillion Data From CoinWarz it appears that: Bitcoin mining difficulty It dropped…
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USDT Minting On Ethereum And Tron Falls From $7 Billion To $1 Billion In 6 Months
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Despite being pumped into spot market prices, Tron has not escaped the wrath of the bulls after hitting its peak in February. Like other altcoins such as Solana and Ethereum, which surged to 2024 highs in March, Tron has been in the red for the last month of trading and…
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USDT Minting On Ethereum And Tron Falls From $7 Billion To $1 Billion In 6 Months
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Despite being pumped into spot market prices, Tron has not escaped the wrath of the bulls after hitting its peak in February. Like other altcoins such as Solana and Ethereum, which surged to 2024 highs in March, Tron has been in the red for the last month of trading and…
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Wells Fargo’s top five portfolio ideas for the next 18 months By Investing.com
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Wells Fargo offered guidance for investors planning to navigate the next 18 months in a note this week, highlighting five key portfolio ideas. Looking to 2025, Wells Fargo expects opportunities to “expand equity exposure” during market downturns and potentially “increase portfolio returns” if interest rates remain high. They also recommend…
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Exclusive-Boeing nearing deal with supplier Spirit Aero after months of talks, sources say By Reuters
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Written by Mike Stone, Alison Lambert, and Tim Heffer (Reuters) – Boeing Co (NYSE:) is close to reaching an agreement to buy back Spirit AeroSystems (NYSE:) after its former subsidiary made a breakthrough in separate talks with Airbus over the breakup of the troubled transatlantic supplier, people familiar with the…
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Housing starts in Canada hit highest level in seven months
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Article content Housing starts in Canada jumped to their highest level in seven months, as the country’s two largest provinces ramped up construction of apartments, townhomes and condominiums. Builders began work on 264,506 units annually in May, it said Data released on Monday By Canada Mortgage and Housing Corporation. That…
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Election concerns in France give euro worst week in two months By Reuters
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Written by Karen Brettell (Reuters) – The euro is heading towards its biggest weekly decline against the dollar in two months on Friday, amid fears that a new government will worsen the financial situation in France with early parliamentary elections approaching. The yen hit its lowest level in six weeks…
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Electricity prices up for first time in six months
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Electricity prices increased by an average of 2.8 percent, or 86 cents per unit, this month, the first increase since January, which is expected to raise the cost of living. In its latest monthly review, the Energy and Petroleum Regulatory Authority (Epra) raised the fuel energy excise (FEC) to Sh3.59…
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Prop Trading: Three Months after Suspending US Services, Alpha Capital Promises Comeback
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Private trading firm Alpha Capital Group plans to return to the United States after suspending purchases for clients in the region in February. In a post on X, the company said it plans to launch a futures and regulated deposit brokerage platform in Seychelles in June. “June will be a…
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U.S. Consumer Confidence Improved for the First Time in Four Months
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The Conference Board reported a stronger than expected consumer confidence reading at 102.0 versus 96.0 for May while the previous month’s reading enjoyed an upgrade from 97.0 to 97.5. Components of the May report revealed that the Current Conditions Index, which is based on consumers’ assessment of current business and…
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U.S. Consumer Confidence Improved for the First Time in Four Months
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The Conference Board reported a stronger than expected consumer confidence reading at 102.0 versus 96.0 for May while the previous month’s reading enjoyed an upgrade from 97.0 to 97.5. Components of the May report revealed that the Current Conditions Index, which is based on consumers’ assessment of current business and…