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Yen rises sharply after BOJ decision

Shady Fouad
The yen fluctuated between gains and losses on Wednesday after the Bank of Japan raised interest rates at the conclusion of its two-day monetary policy meeting and unveiled a detailed plan to reduce its massive bond-buying program. The yen…
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Bitcoin slides to $66k

Shady Fouad
Bitcoin prices fell on Tuesday, as reports indicated that the U.S. government had mobilized $2 billion worth of tokens. The value of the world's largest cryptocurrency had risen to $70,000 on Monday after Republican presidential candidate…
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Oil ends week lower

Shady Fouad
Oil futures fell by about 1.5 percent on Friday, ending the week lower due to declining Chinese demand and hopes for a ceasefire agreement in Gaza that could ease tensions in the Middle East and related supply concerns. During the week,…
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Yen rises as traders look to BOJ

Shady Fouad
The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician, adding pressure on the Bank of Japan to continue raising interest rates to strengthen the currency. The dollar and euro stabilized with the lack of…
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Chinese rate cut impact on crude

Shady Fouad
Crude oil prices fell on Monday following China's unexpected interest rate cut aimed at boosting the world's second-largest economy, but it had little effect on sentiment. By 06:40 Eastern Time, U.S. crude futures had fallen 0.3% to $78.37…
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A look upon Asian markets

Shady Fouad
Most Asian stocks declined on Monday amid uncertainty about what a potential change in administration in the United States might entail for the region. The unexpected interest rate cut in China did little to lift trader sentiment. While…
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