Category: Nears
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Dollar slips lower on rate cut expectations; euro nears this year’s high By Investing.com
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Investing.com – The U.S. dollar fell on Tuesday, approaching a seven-month low amid growing conviction that the Federal Reserve will cut interest rates in September. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.3% at 101.667, trading…
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Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters
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By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s weakness has lifted the euro…
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Dollar nears 7-month low ahead of Powell, Swedish crown falls after rate cut By Reuters
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By Ankur Banerjee and Stefano Ribaudo (Reuters) – The dollar hovered near a seven-month low on Tuesday amid bets the U.S. central bank will start cutting interest rates next month, with traders bracing for comments from Federal Reserve Chairman Jerome Powell on Friday. The dollar’s weakness has lifted the euro…
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Solana $260 Target Beckons As Price Nears All-Time Highs
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Recently, a great deal of attention – both positive and negative – has been placed on Solana. Experts are very bullish on SOL, and crypto analyst Alan Santana once showed his skepticism about the token by stating that it could be about to drop significantly. Related reading Mixed views on…
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Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon?
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Bitcoin is trading at $59,545, up a slight 0.5% over the past 24 hours. While this increase is small, it is noteworthy as it comes on the back of Bitcoin’s price falling to $57,812 earlier in the day. Despite this modest recovery, a recent analysis by CryptoQuant author on the…
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Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon?
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Bitcoin is trading at $59,545, up a slight 0.5% over the past 24 hours. While this increase is small, it is noteworthy as it comes on the back of Bitcoin’s price falling to $57,812 earlier in the day. Despite this modest recovery, a recent analysis by CryptoQuant author on the…
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British Steel nears £600m Government bailout as Labour signals intent to break deadlock
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The UK government is close to approving a £600m bailout for British Steel, with the money set to be used to secure the future of the company’s Scunthorpe plant. The move comes as Labour has shown renewed determination to resolve long-standing issues with Chinese company Jinji, owner of British Steel,…
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Base Dawgz presale nears $3M with experts bullish on the new memecoin
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Traders are turning to Base Dawgz, a cross-chain memecoin. Its presale has raised over $2.7 million. As the crypto market teeters between fear and greed, traders turn to the new…
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BlockFi nears final distribution after selling FTX claims
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BlockFi has announced the sale of FTX claims, enabling the near-final distribution of 100% of all permitted customer and unsecured creditor claims. BlockFi’s plan administrator has announced the sale of FTX’s claims, paving the way for full recovery for clients and creditors. In a press release shared with crypto.news, BlockFi’s…
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Germany’s BTC selling nears an end with only 4,925 Bitcoin left to transfer
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German authorities sold 10,567 bitcoins worth $600 million today, contributing significantly to the 18% drop in bitcoin price over the past month, along with sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. ET on Thursday, July 11, wallets linked to German authorities held 4,925 BTC remaining, currently…
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Germany’s BTC selling nears an end with only 4,925 Bitcoin left to transfer
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German authorities sold 10,567 bitcoins worth $600 million today, contributing significantly to the 18% drop in bitcoin price over the past month, along with sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. ET on Thursday, July 11, wallets linked to German authorities held 4,925 BTC remaining, currently…
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Exclusive-Bain Capital nears deal to buy Envestnet, sources say By Reuters
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Milan city win (Reuters) – Private equity firm Bain Capital is close to a deal to acquire Investnet Inc., a U.S. financial software provider with a market value of about $3.5 billion, people familiar with the matter said on Monday. If the talks go through, a deal with Bain could…
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Euro leans through 1.08 as it nears the weekly high
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It’s a holiday in the US, so I’m taking all market moves today with a grain of salt, but the general theme is to sell the US dollar, perhaps in a delayed reaction to yesterday’s weak ISM services reading (dropped to a four-year low). Over the past few hours, the…
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Japanese yen fragile as USDJPY nears 162; intervention in focus By Investing.com
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The Japanese yen held near its weakest level in 38 years on Thursday, with the currency’s recent slide and low liquidity during a U.S. market holiday raising fresh speculation about government intervention. The yen, which measures the number of yen needed to buy one dollar, was down 0.1% at 161.50…
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Asia FX muted as dollar nears 2-mth high; yen crosses intervention levels By Investing.com
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Investing.com – Most Asian currencies moved little on Thursday as traders remained largely biased towards the dollar in anticipation of more major US economic signals. The focus was also on possible government intervention in the Japanese yen, which broke above levels that had prompted government intervention in May. Sentiment towards…
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Dollar consolidates ahead of key inflation release; yen nears intervention By Investing.com
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Investing.com – The U.S. dollar was lower in early European trade on Thursday, giving up some of the previous session’s gains, while the Japanese yen fell into intervention territory. At 04:30 EDT (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down…
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Japanese yen fragile, USDJPY nears 160 amid intervention talk By Investing.com
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Investing.com — The Japanese yen was fragile on Monday, with the USD/JPY pair approaching key intervention levels even as government officials repeated warnings that they would intervene to support the currency. The pair, which measures the number of yen needed to buy one dollar, rose slightly on Monday to 159.93…
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Nova nears record $7b market cap
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The Israeli company’s share price has risen 73.2% since the beginning of the year and is trading at an all-time record high of $238. Israeli company NOVA LIMITED. (Nasdaq:Nefimy; level:Nefimy, which provides measurement devices for advanced process control used in semiconductor manufacturing, saw its stock price rise 8.4% last week…
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Is BRETT The New Meme Coin King? Token Surges 300% And Nears $2 Billion Market Cap
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As the overall sentiment in the cryptocurrency market turns bullish, leading cryptocurrencies have regained previously lost levels and ignited more interest in meme coins. BRETT (BRETT) has emerged as a standout performer, with gains of 400% in the past 30 days alone. Having launched just three months ago, BRETT now…