Recent data released by the U.S. Commodity Futures Trading Commission and LSEG revealed that leveraged funds, including hedge funds and various money managers, have reduced their position on the Japanese yen. The net short stance shrunk to the smallest level since February 2023, with a decrease of approximately 24,158 contracts compared to the previous week.
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In recent days, the market sentiment regarding potential Federal Reserve interest rate cuts has shifted dramatically. Initially, there was widespread speculation that the Fed would implement a significant reduction in benchmark rates, with some even calling for an emergency intermeeting rate cut. However, as the week progressed, this urgency seemed to dissipate. Market pricing now
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NeurochainAI, a leading decentralized AI-as-a-Service network, has recently announced the launch of its Token Generation Event (TGE). The $NCN token is now available for trading on centralized exchanges such as Gate.io and WhiteBIT, with plans for further listings on additional exchanges in the near future. This event marks a significant milestone for NeurochainAI as it
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JPMorgan Chase, the largest U.S. bank by assets, has recently introduced a generative artificial intelligence assistant called LLM Suite to tens of thousands of its employees. This move is part of the bank’s broader plan to integrate this technology throughout its operations. The software, which is already available to over 60,000 employees, aims to assist
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The municipal bonds market witnessed a weaker trend on Thursday due to the rise in U.S. Treasury yields and the rally in equities. Triple-A yields saw an increase of two to seven basis points, while USTs rose four to five points as volatility persisted in both markets. This recent trend has been characterized by “crazy
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