“ I think the dollar is due for a bounce as markets take back some FED easing implied in the futures curve. My fundamental FX framework: currencies are driven by real growth differentials and political considerations over longer cycles, but in the short term, it’s all about playing relative central bank policy (changes in nominal rates). Depending on how violent the dollar upswing gets, it could cause some short-term damage to assets like commodities and crypto,” Ilan Solot, co-head of digital assets, derivatives engine at Marex, said in an email.
Related posts
-
Bitcoin Price (BTC) Tops $65K, With BlackRock’s IBIT Adding $184M in Inflows
With BTC’s rising price comes a renewed interest in the recently flagging U.S.-based spot bitcoin ETFs.... -
Bitcoin Price (BTC) Rose 1.9% While Ether Price (ETH) Gained 2.0%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal... -
Holdings Now Reach 358,000 BTC Worth $22 Billion
Este artículo también está disponible en español. In less than nine months since the launch of...