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  • 17:44
    DXY Dollar Index Intra-day Gains Expand to 0.50%, Currently at 98.85
    Jinse reports that the DXY Dollar Index intra-day gains have expanded to 0.50%, currently at 98.85.
  • 17:30
    The Sell-off of U.S. Treasuries Weakens Trump's Leverage in Lowering the Dollar Negotiations
    Rabobank foreign exchange strategist Jane Foley stated that the recent sell-off of U.S. Treasuries has weakened Trump's leverage in negotiations for dollar depreciation with other countries. "If the U.S. Treasuries market becomes more fragile, he cannot bully everyone to the same extent." Earlier this month, after a significant drop in U.S. Treasuries, Trump announced a 90-day suspension of imposing higher retaliatory tariffs on most countries. There is speculation that Trump may seek a new "Plaza Accord," dubbed the "Mar-a-Lago Accord," to devalue the dollar. If this happens, it is likely to occur within the 90-day tariff suspension period, in exchange for a trade agreement. However, based on Trump's response to the U.S. Treasuries turmoil, this seems unlikely, Foley said.
  • 17:27
    U.S. Stock Market Gains Expand, Cryptocurrency Stocks Lead the Way
    On April 23, according to market information, U.S. stock market gains expanded during the session, with the Nasdaq up over 3%, the Dow Jones up 2.7%, and the S&P 500 Index up 2.67%. Cryptocurrency stocks led the gains among U.S. stocks, including: CEX (COIN) up 9.3%; MicroStrategy (MSTR) up 8.86%; MARA Holdings (MARA) up 10.9%; Riot Platforms (RIOT) up 13.2%; Hut 8 Corp. (HUT) up 11.8%. Tesla rose 6.16% and is set to announce its earnings report after today's market close.
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