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Futu Holdings Announces Q1 2023 Results, Revenues Up 52.3% YoY

Trading platform Futubull and its sister brand serve 20 million users worldwide, growing user engagement with deeper presence
HONG KONG, May 24, 2023 /PRNewswire/ Futu Holdings Limited , a. | May 24, 2023 ....

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Rupee volatility drives currency volumes on NSE to an all-time high

The volatility in rupee contributed to raising the average daily turnover of currency derivatives by 47% to ₹1.29 tn in the 6 months to Sep ....

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Hedge Fund Returns Down -2.4% In June 2022

The overall weighted average return for hedge funds administered by the Citco group of companies (Citco companies) was -2.4% in June ....

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Currency Speculators raise their bullish bets for Canadian Dollar to 40-week high

FXMAG INVESTOR ....

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USD vs INR: Indian Rupee at 9-month low against US dollar - Expert decode the impact


Weakness in the Indian Rupee continued even on Monday as the INR traded at a 9-month low against the US Dollar (USD). The rupee remained under pressure following the weakness in the domestic indices, Motilal Oswal said in its report. The downward trend was triggered by the Reserve Bank of India Monetary Policy announcement, it further said.
 
What this means for currency traders and also how weakening rupee would impact the overall situation for commodities? Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities gives useful insights. Take a look!   
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