About: josephine
Recent Posts by josephine
Bitcoin Slides as Rising US Yields Pressure Crypto
Bitcoin remains under pressure as rising US Treasury yields, a stronger dollar and renewed inflation concerns weigh on cryptocurrency sentiment. After briefly approaching $80,400, BTCUSD has recovered towards $81,800, but traders remain focused on the $80,000 support level ahead of key US inflation data.
Dollar Holds Firm After Hawkish Fed Minutes as Markets Price December Rate Rise and Higher Yields
Dollar supported by hawkish FOMC minutes, high yields, and volatility; traders favor USD calls, hedge EM FX.
ECB’s Moulin Says Eurozone Inflation Entirely Energy-Driven, Dismissing Second-Round Effects
ECB’s Moulin says eurozone inflation is 100% energy-driven, no second-round effects; markets steady, euro vulnerable.
Nikkei 225 Extends Losing Streak as Oil Prices and Rate Concerns Weigh on Japanese Stocks
Japan’s Nikkei 225 remains under pressure as rising oil prices, inflation concerns and uncertainty over interest rates weaken investor sentiment. With the index trading near 69,520, traders are watching whether support around 69,500 can hold or whether further selling could extend the decline.
USDX Holds Near 18-Month High as FOMC Minutes Support Dollar
The US Dollar Index (USDX) remains near an 18-month high after hawkish Federal Reserve minutes reinforced concerns about persistent inflation. However, the latest chart shows USDX slipping to 101.986, with short-term selling pressure emerging despite expectations of further US interest rate hikes.
