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Dollar stuck near 1-month low, commodity currencies buoyant The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and ... "Seasonal trends in the currency market have shown that the dollar tends to weaken after Christmas through the first few days of the following year before ...
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India likens cryptocurrencies to Ponzi scheme, cautions investors Digital currencies are very popular across Asia, with many retail investors giving up their daily jobs to trade them full time in countries such as Japan and South Korea, which together make up for more than half the global trading volumes by some estimates. On Thursday, South Korea's government said ...
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What is ripple? The appeal of Ripple to banks is the ability to move large amounts of currency quickly and cheaply: XRP transactions clear in under 4 seconds on average, the company says. Compare that to the bitcoin blockchain, where transactions are now frequently taking around an hour to go through.
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Dollar set to suffer worst year since 2003 with 10% yearly loss Falling yields are generally bearish for the home currency and on Wednesday, the yield for the benchmark 10-year Treasury note TMUBMUSD10Y, -0.18% saw its biggest one-day drop in more than three months. Expectations for higher interest rates from the Federal Reserve have also failed to give the ...
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