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Indonesian Rupiah faces foreign outflow pressures amid weaker market sentiment

USD/IDR gains ground after three days of losses, trading around 18,180 during Asian hours on Friday. The pair continues to appreciate as the Indonesian Rupiah (IDR) faces downward pressure from potential foreign capital outflows.

Indonesian Rupiah faces foreign outflow pressures amid weaker market sentiment

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Druckenmiller Backs Trade[XYZ] in Push for 24/7 U.S. Perpetual Futures

Stanley Druckenmiller, the legendary Wall Street hedge fund investor, has invested in Trade[XYZ], a venture seeking to bring crypto-style perpetual futures trading to the U.S. market.

  • Stanley Druckenmiller invested in Trade[XYZ] for 24/7 perpetual futures.
  • Perpetual futures have no expiration date and trade 24/7, including weekends.
  • ICE-backed market could enable round-the-clock trading in various assets.

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