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REFILE-FOREX-Dollar at week low as geopolitics revive 'Sell America' trade
devdiscoursehace 21d

REFILE-FOREX-Dollar at week low as geopolitics revive 'Sell America' trade

The dollar retreated to its lowest level in a week in early trading on Tuesday after threats from the White House towards the European Union over the future of Greenland triggered a broad selloff across US stocks and government bonds The dollar index which measures the greenbacks strength against a basket of six currencies slid 01 to 99004 - its lowest level since January 14 as investors worried about exposure to US markets On Monday US President Donald Trumps renewed tariff threats against European allies triggered a repeat of the so-called Sell America trade that emerged after last years Liberation Day tariff announcement in April with stocks Treasury bonds and the dollar all selling off US markets will return on Tuesday following a public holiday for Martin Luther King Jr Day Investors were dumping dollar assets on fears of prolonged uncertainty strained alliances a loss of confidence in US leadership potential retaliation and an acceleration of de-dollarization trends said Tony Sycamore market analyst at IG in Sydney While there are hopes the US administration may soon de-escalate these threats as it has with prior tariff announcements it is clear that securing Greenland remains a core national security objective for the current administration he added The yield on the US 10-year Treasury bond was up 30 basis points at 42586 Fed funds futures are pricing an implied 945 probability that the US central bank will remain on hold at its next two-day meeting next week little changed from Friday according to the CME Groups FedWatch tool Against the yen the dollar was flat at 158175 yen after Japanese Prime Minister Sanae Takaichi called snap elections for February 8 Her vow to suspend an 8 sales tax on food for two years has focused attention on the countrys shaky public finances Against the Chinese yuan trading offshore in Hong Kong the dollar was holding steady at 69536 yuan Later on Tuesday the Peoples Bank of China is expected to leave benchmark lending rates unchanged for an eighth straight month in January a Reuters survey showed The Australian dollar was down 01 at 06710 while the New Zealand dollar slipped 01 to 05794 edging back from a two-week high The euro was flat at 11640 while the British pound was also steady at 13427 Bitcoin was off 06 at 9233699 while ether fell 11 to 317441

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Jordanian Man Pleads Guilty to Selling Stolen Logins for 50 Companies
platodatahace 21d

Jordanian Man Pleads Guilty to Selling Stolen Logins for 50 Companies

A Jordanian man accused of selling stolen access to corporate networks has pleaded guilty in a US federal court, admitting he sold unauthorized login credentials tied to dozens of companies. The Department of Justice confirmed the plea in a case that highlights how access brokers continue to play a key role in the cybercrime economy. [...]

#ECONOMY
Ghana Chamber of Mines urges balanced fiscal policy to protect investment
ghanammahace 21d

Ghana Chamber of Mines urges balanced fiscal policy to protect investment

The Ghana Chamber of Mines has called for a balanced fiscal framework to sustain growth in the mining sector and ensure long-term national revenue generation, cautioning that proposed amendments to the current fiscal regime could undermine investment and output if not carefully structured. In a statement, the Chamber reaffirmed its commitment to working collaboratively with [...]

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Wanted: Fresh graduates with AI, data skills
toihace 21d

Wanted: Fresh graduates with AI, data skills

Tech firms are shifting from volume hiring to skills-led recruitment, narrowing fresher intake to specialized roles. Companies are offering significantly higher packages, ranging from Rs 16 lakh to Rs 55 lakh, for niche positions in AI, data engineering, and cybersecurity, reflecting a growing demand for specialized talent.

#STOCKS
Gold, Silver Hit Record Highs Amid Tariff Fears and Geopolitical Tensions
theindianawaazhace 21d

Gold, Silver Hit Record Highs Amid Tariff Fears and Geopolitical Tensions

AMN Gold and silver prices surged to fresh record highs Monday as global investors moved towards safe-haven assets following renewed geopolitical tensions triggered by the United States. The rally came after US President Donald Trump threatened to impose new tariffs on several European countries amid a dispute linked to Greenland, unsettling global markets. On the [...]

#COMMODITIES
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