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Currency speculators play deaf as analysts yell "year of the yen" "Second, the Japanese yen is one of the cheapest currencies in the world. Third, the return of financial market uncertainty is supportive for the Japanese yen." Yet currency speculators appear deaf to all the hollering, having built huge short positions in yen futures even as the currency rallied to 105.5 per ...
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India's Currency Falters—and So Does Investors' Enthusiasm That translates into more local demand in India for foreign currencies, weighing on the rupee. And India's benchmark consumer-price index in January rose roughly 5.1% from a year earlier, remaining above the central bank's 4% inflation target. Inflation is a threat for investors who own long-term bonds, ...
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Currency of Indonesia Update: Rupiah Feels Impact of Powell Speech Based on the Bloomberg Dollar Index the Indonesian rupiah depreciated 0.53 percent to IDR 13,751 per US dollar on Wednesday (28/02), the weakest level against the greenback in slightly over two years. The weakening of the rupiah is in line with the performance of most other currencies as the US ...
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NSE introduces Cross Currency Derivatives The trading in Currency Derivatives was launched at NSE in August 2008 with the introduction of USD-INR Futures. The launch of Currency Derivatives on the exchange platforms in India has provided a new asset class for diversification of investments to market participants in India. It has facilitated ...
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What is the future of virtual currencies The Yomiuri Shimbun Debate about the future of virtual currencies is gaining momentum following the theft of about ¥58 billion worth of it from Coincheck Inc., a virtual currency exchange service provider. Are virtual currencies a service that Japan ought to develop? What forms of regulation are desirable ...
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Animal genetics firm Genus delivers strong results despite an anticipated £3m currency hit Volatile currency movements overshadow a strong set of half year results from animal genetics specialist Genus (GNS). They are expected to have a £3m adverse impact on results for the year to 30 June 2018. Its shares fall 2.3% to £22.82. An additional headwind has also emerged from the slaughter of ...
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E-commerce giant Rakuten to get its own digital currency TOKYO-based Rakuten, one of Amazon and Alibaba's biggest e-commerce rivals, says it will come up with its own cryptocurrency built on blockchain and its current Super Points loyalty programme. The announcement makes Rakuten the first e-commerce household name to have its own digital ...
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