LONDON, Dec 10 (Reuters) - The dollar shed early gains and
turned lower on Friday after U.S. consumer prices increased
further in November, posting their largest annual rise in 39
years as investors took profits before a Federal Reserve meeting
next week.

The data, along expected lines, puts added pressure on
policymakers to withdraw pandemic-era stimulus at a faster pace
in coming months.

There is some relief that we did not get a 7 (percent)
handle on headline inflation and the dollar response is
partially

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The British pound hit a 2021 low against the US dollar as the government announces new coronavirus restrictions as Johnson's premiership is shaken by scandal.

The British pound fell to a new 2021 low against the US dollar as the British government is rocked by a scandal indicating failure by government officials in the Prime Minister's office seemingly breaching coronavirus restrictions, as new cases in the UK continue to rise and the government announces new coronavirus restrictions to considerable

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India's foreign exchange reserves dipped $1.783 billion in the week to December 3, making it the second straight weekly fall as foreign portfolio investors remained net sellers in the equity market. The reserves stood at $636.905 billion, Reserve Bank of India's weekly data showed. Reserves fell $4.5 billion in the last two weeks.


The reserves stood at $636.905 billion, Reserve Bank of India's weekly data showed. Reserves fell $4.5 billion in the last two weeks.

Source

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Bitcoin mining has totally recovered from the Chinese crypto crackdown that took more than half the world's miners offline virtually overnight earlier this year.
The recovery is measured by looking at hashrate, an industry term used to describe the computing power of all miners in the bitcoin network.
As of Friday, data from Blockchain.com shows that the network has completely pared back those loses, up about 113% in five months.


Source

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In 2021, crypto users were crowned the most charitable investors on the planet. To those outside of crypto that might not mean much, but after years of reading hypocritical attack pieces from the traditional financial sector, it's pretty heartwarming to see the world acknowledge that we're more generous than our critics.

Open Twitter today and you'll find thousands of people tweeting about their crypto donations to charities. Enter "#CryptoGivingTuesday" in the search bar and you'll see hundreds of

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Andrew Yeo doesn't know what's happened to tens of millions of dollars worth of cryptocurrency belonging to hundreds of clients of the collapsed exchange ACX, but he aims to find out.

In mid-October the veteran insolvency practitioner was appointed administrator of Blockchain Global, the company that used to run ACX, and since then he's been getting a crash course in all things crypto from the tech experts at the firm where he's a partner, Pitcher Partners.

"There's always stuff that's different –

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Tesla CEO sells another 934,000 shares Thursday, for nearly $1 billion; but he's also exercised options to buy more than 12 million shares since Nov. 8

Elon Musk resumed his Tesla Inc. stock selloff Thursday, cashing in nearly $1 billion.

In fillings with the Securities and Exchange Commission, the Tesla chief executive disclosed he sold another 934,091 Tesla shares, for about $963.2 million. He also exercised options to buy 2.17 million shares at a price of $6.24.

After a flurry...

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The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary policy from the Federal Reserve.

Wall Street's top analysts are looking past the short-term tumult. These five stocks are potential long-term winners, according to TipRanks, which tracks the best-performing stock pickers.

Marvell
Rivian
Alphabet
SentinelOne
Waste Connections

Nifty50 ended flat for the second day in a row. The benchmark equity index has entered a range-bound trade between 17,400 on the downside and 17,560 on the upside. Further, bears are defending the key resistance level of 17,560 while bulls are defending the 89-DMA at 17,400. A sustained trade beyond 17,560 in the coming week will resume the intermediate uptrend, taking the index higher to the levels of 17,600-17,780. On the flip side, a trade below 17,400 may trigger profit booking, dragging Nifty lower to levels of 17,200 which is also the GAP area. Moreover, with the index now making a higher high and a higher low, the short-term trend is in favour of the bulls. Therefore, we are again in a buy-on-dips scenario. Intraday sharp declines to levels of 17,200 can be used as a buying opportunity. RSI has also turned upwards above 40 level, suggesting bullishnessRead More

Hello, Friends!
EUR/JPY is trading In way
That I predicted previously
And now the pair is retesting
A hidden bank's level
So I think a bullish move will follow!
BUY!