FX Weekly Recap: May 20 – 24, 2024
Hawkish interest rate bets kept the dollar supported while positive U.K. and Euro Area data releases drew in bullish demand for EUR and GBP.
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Dash 2 Trade (D2T/USD) Slips to $0.0024, Setting the Stage for a Launch Breakthrough
The Dash 2 Trade market has entered another phase of consolidation. However, this time, the consolidation level has shifted from $0.002566 to a new threshold of $0.0024. This pattern indicates a bullish sentiment around the current level, suggesting a strong likelihood of a market rebound from this point, potentially breaking the resistance at $0.002566. For…
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Deribit, Sterling Trading Tech, Finalto, and More: Executive Moves of the Week
In this week’s executive moves roundup, Jean-David Péquignot to lead Deribit’s Global Commercial Strategy; Sterling Trading enlists Chris Contrino to boost Global Growth; Finalto’s Group CEO Matthew Maloney stepped down; NinjaTrader named Jennifer Marszalek as Chief People Officer. Additionally, Rostro appointed a new Finance Chief and Trading Head; Tradu named Philip Manning as Chairman of…
Analysis-Why China's neighbours may want currency deals with Trump
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