CNBC's Mary Thompson reports the latest details on a hearing held by New York's top bank regulators on bitcoin following money laundering arrests.
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The euro edged lower on Friday after S&P cut Spain's ratings, but still remained on track for the biggest weekly rally since January after getting lifted by a flurry of short-covering.*
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The euro inched up in Asia on Monday after leaders of Germany and France promised a new comprehensive plan to recapitalise euro zone banks by the end of the month, though markets remain wary as they have been disappointed many times before.
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Spot gold edged higher on Wednesday, supported by worries about a worsening debt crisis in euro zone, while short-term bearish technicals are likely to cap gains.*
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Gold ticked down on Friday, having risen 3 percent in the previous session, as investors digested U.S. President Barack Obama's $447 billion jobs plan to spur growth and hiring as well as battling unemployment.
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The U.S. dollar was given an early lift against the yen and Swiss franc in Asia-Pacific trade on Monday amid reports that a deal on the U.S. debt wrangle was close, raising hopes the world's biggest economy will avert a debt default.
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Gold edged lower on Friday, but still was headed for its fourth straight week of gains, as investors wait for a vote by the U.S. House of Representatives on a Republican plan to cut the budget as an Aug. 2 deadline for raising the debt ceiling approaches.
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The euro inched higher against the dollar on Wednesday but further rally seems to be limited, due to doubts that a euro zone summit this week will offer a long-term solution to the euro zone's sovereign debt crisis.
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Gold prices edged higher on Thursday, building on three days of gains, supported by inflation concerns that are pushing central banks to raise rates, while an ongoing debt crisis in the euro zone also underpinned sentiment.
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Spot gold held steady on Tuesday, after a warning by ratings agency Standard & Poor's that it would treat plans for a rollover of privately-held Greek debt as a selective default, underpinning safe haven demand for bullion.
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The euro rose against the dollar Monday on hopes Greece's parliament will approve an austerity package this week and the country will avoid a sovereign debt default.
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Spot gold edged lower on Wednesday, as easing worries about the Greek debt crisis dampened some appetite in bullion, but a weaker dollar is expected to give support to the sentiment.
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The euro hit a three-week high against the dollar on Wednesday, supported by hopes for an agreement on Greece austerity steps and progress toward an aid package for Greece, bringing it near chart resistance that could limit its near-term gains.
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The euro edged up in early Thursday trade, extending its recovery from a seven-week low as commodity prices steadied after weeks of falls, though it is still seen vulnerable due to uncertainty over the Greek debt crisis.
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