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US Dollar: Energy slide supports softer Dollar – MUFG

MUFG’s Lee Hardman notes the US Dollar has weakened, with the Dollar Index dropping below Friday’s high as Brent declines towards USD90. Lower Oil prices and falling US Treasury yields are easing pressure on the Fed, while markets await the October US CPI report. Futures still price a December Fed hike but fewer moves in 2027.

US Dollar: Energy slide supports softer Dollar – MUFG

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D.E. Shaw in talks to lead £300m-plus Monzo funding round at £7bn valuation

D.E. Shaw is in discussions to lead a funding round of at least £300m for UK digital bank Monzo, in a transaction that could value the fintech at approximately £7bn and strengthen its position ahead…

  • D.E. Shaw negotiating to lead £300m+ funding round for Monzo
  • Potential valuation of Monzo at £7 billion, up from £4.5 billion in 2024
  • Investment would provide Monzo with fresh capital for expansion

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