News list for "Following on"
US CPI data due tonight could be another key test for currency markets, particularly the dollar, following Friday's stronger-than-expected non-farm payroll data, analysts at UniCredit said in a note. Persistent stickiness in prices could lead investors to consider reducing expectations for future rate cuts by the Federal Reserve, thereby supporting the dollar. If this happens, the EUR/USD could fall below 1.09 and the USD/JPY could break through 150. A decline in the headline CPI could cause the...
Following a fourth straight day of net outflows on Friday, the US-based spot bitcoin exchange-traded fund posted a net loss overall in August, but the loss was modest at just $94 million. SoSoValue data shows that on August 23, the net inflow of spot bitcoin ETFs exceeded $250 million, which was the best day for funds this month. On August 2, the worst day for spot bitcoin ETFs was a net outflow of 237 million dollars. Due to the bitcoin price falling back from its highs earlier this month, all ...
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