Month: February 2021

Gold refreshes three-month low, defies the previous day’s bounce off $1,768. Risks dwindle following downbeat US data, fears of inability to tame the virus strains. Absence of major update on the US covid relief stimulus also challenges the mood. Treasury Secretary Yellen reiterates the need for stimulus package, US activity numbers eyed. Gold stands on
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Dollar is back under some selling pressure, starting in European session, and intensifies after poor job data. Weakness in the greenback is dragging down Canadian Dollar as the second worst performing, while Yen follows as third. Sterling is once again leading the way higher, followed by Aussie and Kiwi. Euro and Swiss France are mixed,
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An Israeli start-up that aims to establish a digital ledger technology-based digital securities exchange in the country has received its first, encouraging go-ahead from the Israel Securities Authority. In an application letter filed with the regulator on Feb. 14, Simetria had sought the ISA’s approval to operate a digital bulletin board as a preliminary step in
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