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US Dollar Index moves closer to 98.00 amid increasing trade uncertainty

US Dollar Index moves closer to 98.00 amid increasing trade uncertainty

The US Dollar Index (DXY), which gauges the dollar’s strength against six major currencies, has shown a gradual increase after two days of decline, hovering around 97.80 during Asian trading hours on Tuesday. Traders are keenly awaiting the four-week average of US ADP employment changes later today, as well as remarks from officials at the […]

California to provide $35M for undocumented immigrants in response to Trump’s deportation plans

California to provide $35M for undocumented immigrants in response to Trump's deportation plans

California Governor Allocates Funds for Immigrant Support Governor Gavin Newsom of California has announced a plan to dedicate $35 million in state funds to aid undocumented immigrants amid significant deportation initiatives by the Trump administration. According to a press release from Newsom’s office, this money will be released from funds previously allocated by Congress to […]

Bitcoin’s Drop to $64,000 Is a ‘Macro Shock,’ Not a Market Collapse

Bitcoin's Drop to $64,000 Is a 'Macro Shock,' Not a Market Collapse

Bitcoin’s Recent Decline and Market Dynamics Analysts attribute Bitcoin’s drop to $64,000 to a series of macroeconomic shocks impacting a critical market, rather than a fundamental shift in its cycle. The major cryptocurrency just touched $63,822 on Tuesday, marking a 6.4% decline for the week, as per CoinGecko. Right now, it’s trading about 50% below […]