Category: Propped
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Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
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Written by Ankur Banerjee SINGAPORE (Reuters) – The dollar was strong on the last trading day of the year, poised for strong gains in 2024 against most currencies as investors brace for smaller U.S. interest rate cuts and the policies of the incoming Trump administration. The rise of the dollar,…
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Bitcoin Propped For Major Breakout By September, Analyst Explains Why
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After Bitcoin’s halving in April, analysts and investors remained on the edge of their seats in anticipation of a major price breakout by the number one cryptocurrency. While Bitcoin rose to $71,443 last week, the token quickly suffered a bounce as it fell to $66,936. Interestingly, popular analyst with the…