Jarryd Hayne allegedly loses $780K after he was duped by an inmate
LONDON, July 11 (Reuters) – Global hedge funds not specialising in crypto assets have grown skittish from recent industry turmoil and Shortcuts this has lead to an exit from the sector, a survey showed on Tuesday.
June 23 (Reuters) – Bitcoin, the world’s largest cryptocurrency, hit a more than one-year high on Friday, capping a week of gains helped in part by BlackRock’s plans to create a bitcoin exchange-traded fund (ETF) despite heightened U.S.
regulatory scrutiny on the digital asset sector.
Crypto exchange EDX Markets, backed by investment firms Charles Schwab, Fidelity and Citadel Securities, also announced earlier this week that it will allow trading on some cryptocurrencies.
The dollar index, which measures the U.S.
currency against six major rivals, stood at 99.71 in early Asian hours, its lowest since April 2022. economy,” said Carol Kong, currency strategist at Commonwealth Bank Of Australia in Sydney.
“But we still maintain our view that the U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest in nearly three years, data showed on Thursday, a day after consumer prices rose modestly last month as evidence mounts that the world’s largest economy had entered a phase of easing inflation. By Ankur Banerjee SINGAPORE, July 14 (Reuters) – The dollar hovered at 15-month lows on Friday after a steep dive overnight, as markets wagered the Federal Reserve was close to the end of its rate hike cycle due to easing inflation. it will be reassured by the jobs data. will enter recession later this year because of the impact of past and potentially future interest rate hikes.” Markets are pricing in a 92% chance of a 25 basis point hike from the Fed later this month, CME FedWatch tool showed, but no more for the rest of the year.
Data on Thursday also showed that the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating that the labour market remains tight even as job growth is slowing. Meanwhile, the Australian dollar eased 0.16% to $0.688 after Michele Bullock was appointed head of Australia’s central bank on Friday, becoming its first female governor as it undertakes a sweeping reorganisation. The euro touched a fresh 16-month peak of $1.1229 in Asian hours before easing to $1.1222, while sterling last fetched $1.3119, down 0.11% on the day.
The pound broke above $1.30 on Thursday for the first time since April 2022. Although the recent trend of lower inflation may be encouraging, it probably won’t be sufficient to change the committee’s decision.” Still, Fed officials remain cautious, with Federal Reserve Governor Christopher Waller saying he’s not ready to call an all clear on U.S.
inflation and favours more rate rises this year. The index is on course for its worst week since November. The Japanese yen strengthened 0.23% to 137.71 per dollar and is on course for its best week against the dollar since January. “Markets are generally pretty pleasant with the lower inflation data, because lower inflation together with the still resilient labour market supports the narrative of a soft landing in the U.S. In cryptocurrencies, bitcoin last rose 0.03% to $31,367.56, having touched near two-month peaks of $31,818 overnight.
Ethereum last rose 1.4% to $2,014.10. ======================================================== Currency bid prices at 0123 GMT Description RIC Last U.S.
Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.1224 $1.1227 -0.01% +4.76% +1.1229 +1.1213 Dollar/Yen 137.6300 138.0150 -0.26% +4.89% +138.1000 +137.6500 Euro/Yen
Ryan Brandham, head of global capital markets, North America, at Validus Risk Management, said the data on weekly jobless claims and producer prices are supportive of the soft landing.
“If the Fed wishes to hike rates again later this month … The XRP token eased 7% in early Asian hours to trade at $0.7546 after surging 76% on Thursday. judge ruled that Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges.
The FBI said it is working with local and state law-enforcement officials and asking members of the public to maintain awareness of their surroundings and report any suspicious activity to law enforcement, the newspaper added.
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