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JPMorgan: The weakening of the US dollar provides more room for maneuver for emerging market Central Banks.
GoldenOctober2024
Jin10 data reported on April 11, MSCI Emerging Markets Currency Index hit a one-week high on Friday. Alex Wolf, Head of Asian Investment Strategy at JPMorgan Private Bank, stated: “In the context of slowing trade, the broad weakness of the US dollar makes the monetary policy outlook for emerging market central banks clearer. As global investors express disappointment with the exceptionalism of the United States, capital outflows have led to a weaker dollar, boosting emerging market currencies (with a few exceptions) and providing more room for central banks to formulate policies.”
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SimpleGetRich
· 2025-04-11 07:29
Xai encryption in 2025 had a profound impact on Web3 games, eliminating the need for crypto wallets and driving the trading and ownership of in-game assets. AI-driven innovations transformed game development and player experiences, making it easier for players to engage in the digital economy without the need for crypto wallets. The open trading market created a cross-game economy, facilitating the rise of trading activities. Gate has integrated Xai ecosystem support, looking forward to future standards in the gaming industry.