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FX Daily: Demand for the Dollar; others set to raise rates, intervene, and strengthen controls

FX Daily: Demand for the Dollar; others set to raise rates, intervene, and strengthen controls

Weekend Update The weekend brought little significant news, but the involvement of the Houthis in the conflict is raising alarms about global supply chains and the potential for increased military tensions. The U.S. dollar remains strong, while trading partners facing currency pressures are looking at various strategies to counteract this devaluation. Interestingly, the Indian rupee […]

The independence of the Fed has turned into a constitutional nonsense.

The independence of the Fed has turned into a constitutional nonsense.

The independence of the Federal Reserve has become a hot topic as various political figures express their discontent with current monetary policies. Some stakeholders and commentators are quickly advocating for the central bank’s protection from democratic pressures, asserting that this independence is crucial for sound economic management. However, this confidence may be misplaced. The economic […]

Another Riker’s inmate passes away within a week

Another Riker's inmate passes away within a week

An inmate at Rikers Island passed away on Sunday morning, which is the second death reported at the facility in less than a week, according to officials. John Price, 49, who was reportedly the leader of a drug ring, was at the Eric M. Taylor Center when he alerted a guard around 5:40 p.m. on […]

Miles McBride’s return to the Knicks is cut short due to a new injury issue.

Miles McBride's return to the Knicks is cut short due to a new injury issue.

Knicks’ Miles McBride Suffers Injury in Return from Surgery OKLAHOMA CITY — After two months and 28 games, Miles McBride finally made his return. However, his situation took a concerning turn. During the third quarter of Sunday’s 111-100 defeat against the Thunder, McBride seemed to injure his groin again, causing him to limp off the […]

Sen Tim Kaine states that Minter’s killer should face trial before being deported.

Sen Tim Kaine states that Minter's killer should face trial before being deported.

Sen. Tim Kaine Urges Justice for Murder of Stephanie Minter Senator Tim Kaine from Virginia is advocating for the prosecution, conviction, and punishment of the individual responsible for the murder of Stephanie Minter. He argues that justice should be served before any decisions are made about deportation. Kaine has expressed worry that deporting the suspect […]

Bitcoin ETFs Lose $290M as Cautious Sentiment Grows

The Impact of Increasing US Bond Yields on Bitcoin

Simply put Last week, Bitcoin ETFs saw net outflows totaling $290 million, with the $225.5 million drawn out on Friday being the largest single-day reduction. BlackRock’s IBIT fund alone lost $201.5 million on that same Friday, marking the most significant outflow for a single fund during the week. Financial flows turned negative as geopolitical tensions […]