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Dollar decline rekindles reserve currency worries "This administration is not global-trade friendly," said Sireen Harajli, currency strategist at Mizuho in New York. Trump's protectionist stance may have a short-term negative impact on the dollar but it may not be an enduring one, she added. Any real threat to the dollar's pre-eminent position would take ...
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22-Year-Old Behind $5 Billion Crypto Is Just Getting Started The IOTA Foundation, which is behind the currency and steers the development of the underlying technology, has the money to do so. Slightly more than 300 million euros are in the treasury, in the form of IOTA tokens, according to Schiener, who heads the foundation. They were donated by users.
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Netflix's 'Take Your Pills' Trailer: Watch How ADHD Drugs Became the Currency of College ... Netflix won its second-ever Oscar Sunday for the doping documentary "Icarus," and the site wasted no time readying its next exposé on performance-enhancing drugs. "Take Your Pills" will be a Day One premiere at SXSW this Friday. The 87-minute feature unpacks the $13 billion industry that exists for ...
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Where To Turn As Verge (XVG) Loses Its Shine For Investors? Verge (XVG) is among the many virtual currencies that remained below the green mark after the low crypto selloff. In fact, it was one of the "small" coins that had the worst decline. However, it is struggling to get back on track and is currently trading at $0.050342. Verge coin is still trading below the $0.20 ...
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British Pound vs. Euro Forecasts: 2017 Lows Ahead say Exchange Rate Analysts at HSBC and ... Deutsche Bank, one of the world's largest currency dealers, believe a decline in the Pound-to-Euro exchange rate can be expected as the Pound is unable to shake off the albatross slung around its neck that is the country's current account deficit of 5.0% of GDP. The current account is a measure of the ...
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Trade Worries Are Putting the Carry Trade in Limbo Using a strategy known as the carry trade, investors borrow a currency where interest rates are relatively low–such as the dollar, Japanese yen, or euro–in order to buy higher-yielding assets in another currency, like the South African rand. Traders pocket the spread between the two yields, and the trade ...
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