Investing in Currencies

Chennai, Jan 12 (IANS) After a dismal start, foreign portfolio investments (FPI) flow into India picked up pace, cumulatively totaling $28.7 billion in 2023, said a report by Bank of Baroda (NS:).The report also said the trend will continue and be positive for the which will likely to appreciate.The report said that FPI into India closed at 28.7 billion last calendar year.“While equity segment continued to outperform, encouraging trend was also visible in the debt segment, particularly in the last few months of the year,” the report said.It said that...

Investing.com - The U.S. dollar steadied in early European trade Friday, as investors digested mixed U.S. consumer inflation data and the potential impact on future Federal Reserve rate cuts. At 04:25 ET (09:25 GMT), the , which tracks the greenback against a basket of six other currencies, traded flat at 102.022, down from Thursday's high of 102.76 but well ahead of the five-month low of 100.61 hit in December.  Dollar slips after CPI release U.S. edged 0.3% higher in December, data released Thursday showed, up an 3.4%, ahead of expectations...

In the ever-evolving world of cryptocurrencies, investors are often on the lookout for opportunities that promise substantial returns on investment (ROI). While the crypto market is known for its volatility, it also presents the potential for remarkable gains. Here are three tokens that have the potential to provide a 2000% ROI in 2024, with Retik Finance (RETIK) leading the pack.1.Retik Finance (RETIK): The DeFi RevolutionAt the forefront of the crypto revolution stands Retik Finance (RETIK), a project that has been gaining significant attention in recent times. Retik Finance’s innovative approach...

Coinbase (NASDAQ:) is the custodian for 8 of the 11 spot ETFs approved by the SEC on Wednesday, still, some analysts are questioning if the approval will help the company.Analysts at Mizuho don't see the approvals as good news for Coinbase."... potential upside to COIN's revenue from Bitcoin ETF may be more muted than thought, with just 1-2% benefit from custody fees and 5-10% total benefit if the ETFs drive additional spot Bitcoin trading," analysts commented.In addition, deeper cannibalization of high-margin spot Bitcoin trading and/or share loss to brokers offering...

Investing.com - The U.S. dollar steadied in early European trade Thursday, retaining most of 2024’s gains ahead of the release of key U.S. inflation data that could provide more clues on when the Federal Reserve could begin cutting interest rates. At 04:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded flat at 102.090, but still 1% higher since the start of January.  U.S. CPI looms large The dollar has been in demand for much of the new year as traders...

LONDON and NEW YORK - Broadridge Financial Solutions , Inc. (NYSE: NYSE:) has announced a collaboration with Boring Money to offer asset managers a comprehensive solution for meeting the UK's Consumer Duty regulation requirements. This new service integrates Broadridge's analytical capabilities with Boring Money's consumer data insights, aimed at providing a more complete understanding of retail investors and fund performance.The partnership brings together Broadridge's expertise in value reporting, fee data, performance data, and consulting services with Boring Money's demographic and perception data on end investors. This combined offering is designed...