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The US dollar is expected to face increasing downward pressure in the coming months, according to analysts at UBS. This bearish outlook is driven by a combination of factors, including narrowing interest rate differentials, concerns about the growing US fiscal deficit, and shifting global monetary policies. These factors have led UBS to downgrade the US
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While Citi strategists have emphasized the U.S. election as being “USD positive,” there are multiple factors at play that could affect the dollar in the coming months. Trade and tariff policies, in particular, are expected to be significant drivers of a bullish USD outlook, especially if increased tariffs, particularly targeting China, are implemented. This could
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Recently, a whale or institution made a significant deposit of 2,364 Bitcoin (BTC) to Binance, totaling nearly $140 million. This sudden move has created ripples of speculation within the cryptocurrency market. Traditionally, deposits to exchanges are seen as indicators of a potential sale, while withdrawals hint at possible buying intentions. The true motives behind this
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The landscape of consumer behavior is shifting rapidly, with more Americans opting to rent rather than own various goods and services. According to a report by Intuit Credit Karma, the rental industry has seen significant growth in recent years, offering everything from power tools to designer handbags for rent. The ease of access and affordability
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