Paxos releases February PYUSD transparency report: Total circulation of 304 million US dollars
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US Treasury’s “buy bonds to suppress yields” policy backfires against the dollar? Citi significantly lowers its three-month dollar forecast, says it’s not advisable to go long before the midterm elections
As the market gradually digests expectations of a more dovish stance from the Federal Reserve, factors related to the midterm elections, and news that the U.S. Treasury may increase bond buybacks, Citi's FX strategy team has recently turned bearish on the short-term outlook for the U.S. dollar.
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Japan's core CPI accelerated for the second consecutive month in July, with the market betting an 80% chance that the Bank of Japan will raise interest rates in September
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