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Customized wealth management empowers your assets growth
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Use USDT/USDC to mint GUSD for treasury-level yields
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
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Morgan Stanley Asia strategists exited Long USD positions across the board
Sina Financial News Morgan Stanley Asia has fully exited its Long US dollar positions and relaxed its cautious stance on the Asian domestic market. Strategists Min Dai and Gek Teng Khoo said that while U.S. economic growth momentum appears to be strong, and another stronger-than-expected scenario could push up U.S. short-term Intrerest rates and the dollar, some investors attribute the strong data to seasonality at the beginning of the year, with U.S. retail sales weakening slightly recently. The two strategists recommend remaining cautious on Asian bonds, but easing their cautious stance a bit “given how these two markets have moved over the past month and a half”.