DXY

Goldman Sachs expects China’s yuan to strengthen to 6.40 per dollar within a year, from around 6.69 now. Its top currency strategist says forward markets have not caught up to that view. Kamakshya Trivedi is Goldman’s global head of FX, rates and emerging markets strategy research. He puts the yuan’s undervaluation at 20% to 25%…

The dollar hit an 18-month high as traders bet on a December Fed hike. See what Wednesday's CPI could change. The post US Dollar Hits 18-Month High: What It Means for Bitcoin and Stocks appeared first on BeInCrypto.

The US Dollar Index (DXY) held around 102.2 early Monday, close to the 18-month peak it reached last week. Investors have stayed cautious as the Middle East conflict escalated ahead of key US inflation data. Analysts disagree on whether the rally now stalls at a long-term trendline or extends a multi-year uptrend. Chart Watchers Split…

The ARK Invest CEO says the US dollar is much stronger than investors think and could appreciate significantly over the next few years. Why is it important for investors? A stronger dollar could pressure gold, reshape bond positioning, and test Bitcoin’s recent ability to rise rapidly. Wood Says Investors Are Watching the Wrong Dollar Chart…

The US Dollar Index (DXY) is heading for its best month since June. The index has gained nearly 2% in September amid hawkish Federal Reserve signals. This tends to weigh on Bitcoin (BTC), yet the largest cryptocurrency has gained 6.14% this month. It now heads into October, historically its strongest month by median return. What…