Investing in Currencies

NEW YORK - The investment community is eagerly awaiting the U.S. Securities and Exchange Commission's (SEC) decision on Valkyrie's spot exchange-traded fund (ETF), which could be approved as soon as tomorrow, with trading potentially kicking off the following day. Valkyrie, a firm with a solid footing in digital asset management, is poised to introduce its spot Bitcoin ETF under the ticker symbol BRRR.Steven McClurg, Valkyrie's co-founder, has expressed a positive outlook on the SEC's imminent decision, drawing from previous engagements with the regulatory body. He has underscored the significance of...

Investing.com - The U.S. dollar rose in early European trade Tuesday, rebounding after slipping from its 3-week high overnight, while weak German economic data weighed on the euro. At 03:45 ET (08:45 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 102.067, after falling from three-week highs in the prior session, as uncertainty over rate cuts in 2024 spurred some profit-taking.  Dollar off three-week high after dovish Fedspeak The dollar posted gains of around 1% last week as doubts started to...