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GBP trading

litecoin

How to Sell Litecoin? An Easy and Brief Step by Step Guide

Litecoin is a digital currency founded by Charlie Lee in 2011 who was inspired by Bitcoin. But, he wanted to make something that works faster with more accessibility. It’s a peer-to-peer cryptocurrency whose system is decentralized, but they also use blockchain for transaction recording purposes. Litecoin is used pretty often to test out new technologies …

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Dollar

Dollar Down, Hoping for More Fed Monetary Easing Measures

The dollar dropped on Tuesday morning in Asia’s forex. It’s starting the new month on a lower note, having closed its worst month since July in November. The expectation of more monetary easing measures from the Federal Reserve, however, gives the greenback a boost. The U.S. Dollar Index Futures edged down 0.12% to 91.903 by …

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Huawei and the G-20 summit

United Kingdom bans Huawei 5G telecoms equipment

Relations between Chinese tech giant Huawei and the U.S. are quite complicated. However, the U.S. is not the only country that decided to take measures against the tech giant. For example, the U.K.’s government decided to ban the installation of new Huawei 5G equipment from September 2021. The government plans to remove the Chinese firm’s …

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Ripple and MoneyGram

How to Buy Ripple? A XRP Buying Guide

XRP is the cryptocurrency supported by the ripple network. It’s among the top cryptocurrencies in the world and is certainly worth investing in. Ripple is an American technology company that was founded in 2012. It aims to revolutionize the global banking system through its RippleNet network based on a Ripple protocol. This digital payment protocol …

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Daily Market Charts and Analysis November 25, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBP/CAD Investors shrugged off the rising cases of COVID-19 in Canada amid its promising outlook for ADP Nonfarm Employment Change in the coming months. On Monday, November 23, Canada had the biggest single-day increase …

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dollar

Dollar Down Over News on Election Clarity, COVID-19 Vaccine

The dollar declined on Tuesday morning in Asia’s forex exchange and riskier currencies were boosted. This came as U.S. President-elect Joe Biden is set to nominate Janet Yellen as the Secretary of the Treasury. By 10:02 PM ET or 2:02 AM GMT, the U.S. Dollar Index dropped 0.03% to 92.487. The dollar hit its lowest …

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U.S. economy, retail sales, US flag and US dollar with Covid-19 text..

Dollar Down as COVID-19 Cases Continue to Rise Globally

The dollar was down on Monday morning in Asia’s forex exchange. The ever-increasing number of coronavirus cases are counterbalancing hopes for a vaccine that works. Once available, it can kickstart the economic recovery from the virus. On Sunday in Asia, fifteen countries signed the Regional Comprehensive Economic Partnership (RCEP) trade deal. The agreement stimulates investors’ …

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Dollar Rises in Response to ECB And BOE Meetings Loom

Dollar Falls Over Growing Hopes on COVID-19 Vaccine

The dollar fell on Tuesday morning in Asia’s forex exchange. News on Monday reported that a COVID-19 vaccine could become available relatively soon. This has raised optimism over global economic recovery. By 10:23 PM ET or 2:23 AM GMT, the US Dollar Index declined 0.22% to 92.632. This Index tracks the greenback against a basket …

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Bundle of dollar bills

Dollar Falls, as U.S. Election Results Deliver Biden Victory

The dollar fell on Monday morning in Asia’s forex exchange, beginning its week with losses. Democrat candidate and former Vice President Joe Biden was declared the winner of the U.S. presidential elections. By 10:20 PM ET (2:20 AM GMT), the U.S. Dollar Index lost 0.14% to 92.168.  It was barely above a ten-week low.  Investors …

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