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Mexican Peso trades flat but tense on escalating war of words
The Mexican Peso (MXN) trades flat as one of the country’s trademark tortillas on Wednesday after closing on average over 1.5% lower on Tuesday, however, markets remain tense as the rhetoric ramps up between the two countries’ leaders.
Fxstreet
Wed, Nov 27
Analyst Reveals The ‘Truth’ Behind This Dogecoin Price Rally
The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.
Australian Dollar advances despite lower-than-expected monthly Consumer Price Index
The Australian Dollar (AUD) halts its three-day losing streak on Wednesday as the US Dollar (USD) remains subdued amid bond market optimism. Additionally, the Reserve Bank of Australia's (RBA) hawkish outlook on future interest rate decisions provides support for the AUD.
Fxstreet
Wed, Nov 27
Institutions Just ‘Waiting To Buy Up’ Bitcoin, Says MARA CEO
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs.
FedEx could unlock $10-20bln in shareholder value from potential freight spin-off
Investing.com -- FedEx Corporation (NYSE:FDX) could unlock $10 billion to $20 billion in incremental shareholder value by spinning off its freight business into a standalone company, Barclays (LON:BARC) analysts said in a note.Investing.com
Wed, Nov 27
Drug cartels are reportedly using Tether (USDT) for money laundering
Recent reports claim that drug cartels dealing in cocaine have started using Tether (USDT) in their money laundering activities in North and South America. These organizations are said to use the stablecoin to transfer funds and cash rapidly and anonymously across borders.USD/CAD drifts lower to near 1.4050, potential downside seems limited amid Trump tariff threat
The USD/CAD pair trades with mild losses around 1.4055 during the early Asian session on Wednesday. The Canadian Dollar (CAD) recovers some lost ground after reaching a 55-month low due to US President-elect Donald Trump vowing tariffs on Mexico and Canada and extra tariffs on China.Fxstreet
Wed, Nov 27
CrowdStrike beats Q3 estimates on cybersecurity demand
Investing.com -- Cybersecurity firm CrowdStrike Holdings Inc (NASDAQ:CRWD) on Tuesday reported a better than expected quarterly earnings on the back of strong demand for its cybersecurity products at a time when there is rising online threats fueled by the use of artificial intelligence (AI).Investing.com
Wed, Nov 27
