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...Responding to a Financial Times query about the talks, DraftKings said that the company was “focused on the massive US opportunity in front of us”....
...Its revenues reached £1.7bn last year, up from £1.2bn in 2022. In contrast to some rivals, the US is not a key market for 888....
...The yen tumbled to a fresh 34-year low on Friday after the Bank of Japan kept interest rates on hold and offered no indication it was in a hurry to arrest the currency’s slide with higher borrowing costs...
...Japanese officials are under pressure to boost the currency to help with the cost of living in Japan. Authorities in Tokyo last intervened to support the yen in 2022....
...The dollar jumped to a new 34-year high against the yen in early Thursday trading in Tokyo, briefly pushing the Japanese currency through what was considered a key line of support and reviving market speculation...
...He added that he “[continued] to see material upside from the successful execution of the William Hill integration”. 888 bought William Hill’s non-US business from Caesars Entertainment in a £1.95bn deal...
...Asian currencies dropped against the dollar on Tuesday following stronger than forecast retail sales data in the US, which further reduced the likelihood of imminent interest rate cuts by the Federal Reserve...
...The yen continued its slump against the dollar, pushing the currency towards its lowest level in 34 years and significantly raising the risk of market intervention by Japanese authorities....
...But the currency decline has been mainly driven by the gap in interest rates between Japan and the US, and analysts said Ueda was more willing to co-ordinate closely with the government to address the issue...
...The Japanese currency rose to ¥154.99 to the US dollar from ¥156.82 during late afternoon hours in Tokyo, before falling back to ¥156.55....
...The dollar jumped to a new 34-year high against the yen on Wednesday evening in New York, briefly pushing the Japanese currency through what was considered a key line of support and reviving market speculation...
...Japan’s currency has suffered most from the rise in US rate expectations, which has pushed the yen to its weakest level since 1990, putting the finance ministry on red alert for a possible intervention....
...Investors’ flight to higher-yielding US assets has sent the yen to a 34-year low past ¥154 to the dollar and has also tested Beijing’s stable currency policy as the renminbi’s value to the dollar fell below...
...The South Korean won and Australian dollar weakened against the US dollar, while the yen is trading at ¥155.60 a dollar, its weakest level in decades....
...followed strong earnings results from the chipmaker Nvidia in the US overnight....
...The currency touched ¥151.94 to the US dollar earlier in the day, its weakest level since 1990, raising the risk of market intervention from Japanese authorities....
...This led us to a rather strange juxtaposition this month, when in just one week, three notable things happened....
...earnings results from US chipmaker Nvidia overnight....
...Events: The High Court in London is due to rule whether WikiLeaks founder Julian Assange can launch a final appeal to challenge extradition to the US on espionage charges....
...Bankman-Fried chose to contest allegations against him, with a hearing in New York, home of the US media. Zhao quietly gave himself up in Seattle, far from the madding crowd....
...Kwon is in the middle of an extradition battle between the US and South Korea. Last year US prosecutors filed eight criminal counts against him including securities, commodities and wire fraud....
...In reality, a resumption of the currency wars of the 2000s and 2010s is unlikely to do much to reduce the US deficit nor undermine the dollar’s global role in bank funding, payment systems and reserves....
...The rising greenback put pressure on the yen, which fell to ¥157.57, a 34-year low....
...this most recent currency introduction, how many currencies has Zimbabwe had in the last decade?...
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