Category: Pressured
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Dollar pressured lower amid hedge fund selling By Investing.com
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Investing.com – The U.S. dollar has been broadly sold off, according to analysts at Bank of America, and further losses remain possible. “Our own flows show broad-based selling of the US dollar so far in August, particularly by hedge funds and corporates,” Bank of America analysts said in an Aug.…
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Dollar pressured lower amid hedge fund selling By Investing.com
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Investing.com – The U.S. dollar has been broadly sold off, according to analysts at Bank of America, and further losses remain possible. “Our own flows show broad-based selling of the US dollar so far in August, particularly by hedge funds and corporates,” Bank of America analysts said in an Aug.…
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TSMC set to report strong profit; stock pressured by Trump comments By Reuters
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TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co., the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 30 percent jump in second-quarter profit on Thursday on surging demand. The world’s largest contract chipmaker, whose clients include Apple (NASDAQ:) and Nvidia (NASDAQ:), has benefited from…