Category: retreats
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Retailing giants are facing new pushback following their DEI retreats
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Some giant retailers who now have DEI policies now feel some fatigue from their customers and investors. TARGET (TGT) and Walmart (WMT) were among many companies that have announced modern diversity, a list that also includes Google (Google), Meta (Meta), McDonald’s (MCD), Amazon (AMZN) and Jarra (TSCO). Now all of…
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Bitcoin retreats to $85K as US confirms March Canada, Mexico tariffs
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Bitcoin (BTC) to $ 85,000 on February 27, Wall Street, with the market confirmation of the new American commercial tariffs. BTC/USD 1 hour graph. Source: CointeleGRAPH/TradingView The BTC price is sold, as Trump says, the customs duties will proceed Data from Cointelegraph Markets Pro and Tradingvief BTC/USD again shown from…
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US dollar retreats from 2-year high as Trump touts ‘tremendous’ tariff power, but holds off on swift action
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The US dollar (DX = F, DX-Y.NYB) fell more than its highest levels in approximately two years on Friday, and fell to the lowest level in a month after President Trump said he was “preferred not” to impose customs duties on China. “We have a very large force on China,…
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Dollar retreats from highs; euro helped by German data By Investing.com
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Investing.com – The US dollar fell on Tuesday, but remained near seven-week highs, as traders weighed the Federal Reserve’s monetary policy outlook in the wake of last week’s strong jobs report. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the US currency against a basket of six other…
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Asia FX firms, yen strong as dollar retreats on bets of bigger rate cut By Investing.com
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Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to holidays in markets in China and South Korea. Anticipation…
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Dollar retreats ahead of Fed meeting; Euro, sterling rise By Investing.com
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Investing.com – The U.S. dollar fell on Monday, while the euro and the British pound rose, ahead of the expected start of the Federal Reserve’s interest rate cutting cycle later this week. At 04:35 ET (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other…
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Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate By Investing.com
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Most Asian currencies rose on Wednesday as the dollar weakened in the wake of a heated U.S. presidential debate, with focus shifting to key inflation data due later in the day. The Japanese yen was among the biggest beneficiaries of the trade, with safe-haven demand after the discussion sending the…
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Tron price retreats as ecosystem growth, open interest falls
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The price of Tron has been declining over the past eight days as the recent momentum in the ecosystem begins to fade. Tron (TRX) was trading at $0.1565 on Monday, September 2, down more than 7% from its high this year. The drop has pushed its market cap to more…
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Polygon price retreats as NFT sales, DEX volume rises
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Polygon has fallen for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX Volume and NFT Sales Rise Polygon (MATIC) fell to a low of $0.53, after hitting a high of $0.582 last week. It remains 60% above its…
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ForexLive European FX news wrap: Dollar retreats alongside bond yields
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Headlines: Markets: Japanese Yen Advances, USD, CAD Lag on the Day European stocks rise; S&P 500 futures down 0.2% The yield on the 10-year US Treasury note fell 5.9 basis points to 3.867%. Gold rises 0.6% to $2,469.79 West Texas Intermediate crude fell 2.9% to $75.86. Bitcoin price rises 2.9%…
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Asia stocks extend gains, yen retreats after BOJ talks down rate hikes By Reuters
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By Wayne Cole and Stella Chiu SYDNEY (Reuters) – Asian stock markets extended gains on Wednesday, led by a rebound in the U.S. dollar after the Bank of Japan unexpectedly signaled it was unwilling to raise interest rates again amid volatile markets, sending the yen sharply lower. The Nikkei rose…
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Dollar backed ahead of Fed meeting; sterling retreats By Investing.com
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The U.S. dollar rose slightly in early European trading on Monday, supported by safe-haven bids as tensions in the Middle East escalated, while sterling fell ahead of a Bank of England policy meeting this week. At 04:50 ET (08:50 GMT), the dollar index, which tracks the greenback against a basket…
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Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance
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After failing to break the $72,983 resistance level, Bitcoin price continued to decline. Although Bitcoin price is still trading above the one-day simple moving average (SMA), this rejection has seen the cryptocurrency asset fall from $71,942 to $66,785 and move below the simple moving average (SMA) on the chart. 1-hour…