Category: MultiMonth
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Ethereum Funding Rates Hit Multi-Month Highs, But Is A Correction On The Horizon?
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Ethereum, the second-largest cryptocurrency by market cap, recently showed strong upward momentum, surpassing $4,000. It is worth noting that their price rise was accompanied by a significant rise in their funding ratios, a crucial measure that reflects sentiment in the futures market. metric, Analyzed According to CryptoQuant analyst ShayanBTC, it…
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Dollar continues to fall; euro near multi-month high By Investing.com
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Investing.com – The U.S. dollar fell on Wednesday, adding to losses from the previous session, as the euro benefited despite signs of economic weakness in the euro zone. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1%…
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Australia’s Inflation Cooled To Multi-month Lows But Remained Sticky High In July
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Data from the Australian Bureau of Statistics showed that inflation in Australia rose by 3.5% YoY in Julyslower than the 3.8% increase in June and the lowest since March but higher than the 3.4% rise markets had expected. One reason for the decline may be that the expanded Commonwealth Energy…
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US dollar rebounds from multi-month lows, yen rallies By Reuters
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By Gertrude Chavez-Dreyfus and Harry Robertson NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Tuesday after falling overnight to its lowest levels against the euro, sterling and Swiss franc since mid-March, as investors consolidated gains in other currencies ahead of a key nonfarm payrolls report later this week. .…
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Bearish bets on most Asian FX climb to multi-month highs: Reuters poll By Reuters
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By Himanshi Akhand (Reuters) – A Reuters poll showed on Thursday that short bets on most Asian currencies rose to touch multi-month highs as growing expectations that US interest rates will remain high for a longer period led to a decline in appetite for riskier assets. Bearish positions on the…