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Astra Nova completed a buyback of over 660 million RVV tokens, approximately worth $2.65 million.
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HSBC: Expectation that the dollar will remain soft until 2026
Golden Finance reports that Paul McCulley, Global Head of Foreign Exchange Research at HSBC, stated: “Our base case is that the US dollar will broadly weaken by the end of this year and continue through 2026.” Key US labor market data will be released on Tuesday, and the US overnight index swap curve may require very strong data to dispel expectations of a rate cut by the Federal Reserve in 2026, thereby significantly boosting the US dollar. (Jin10)