Dollar Index – DIGIT INFO

Greenback Flexes: Dollar Index Reaches Highest Level in Over Two Years

DIGIT — Fri, 03 Jan 2025 12:30:56 +0000

The U.S. dollar index flexes its strength in the new year, reaching levels not seen in two years. This rise is supported by the so-called ‘Trump Trade,’ the expectation of only two more rate cuts this year, and the weakness of other currencies in the basket. Dollar Index Inches Higher Powered by Trump Trade, Fed […]

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Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse

DIGIT — Sun, 25 Aug 2024 00:30:59 +0000

Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S. dollar crisis, crashing the economy, and sending consumer prices and long-term interest rates soaring.” Schiff further warned of higher inflation and stagflation, impacting consumer prices and interest rates. He criticized the Federal Reserve’s current strategies, cautioning against […]

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Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

DIGIT — Tue, 20 Aug 2024 23:30:47 +0000

Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a major bull market.” Additionally, Schiff cautioned that the Federal Reserve risks making a policy mistake by cutting interest rates too soon. ‘The Stage Is Set […]

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S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

DIGIT — Sun, 02 Oct 2022 16:30:08 +0000

Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe the European Union (EU) and the U.K. are already dealing with a […]

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Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

DIGIT — Thu, 16 Dec 2021 19:00:03 +0000

Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC […]

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Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs

DIGIT — Tue, 16 Nov 2021 16:27:03 +0000

The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.

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Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again

DIGIT — Mon, 08 Mar 2021 13:30:00 +0000

Bitcoin sees weakening momentum as the U.S. dollar recovers and Treasury yields rise.

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Bitcoin closes its second-best week ever: 5 things to watch in BTC this week

DIGIT — Mon, 08 Mar 2021 08:45:58 +0000

$50,000 support remains elusive but data suggests that the Bitcoin bull run is still “sustainable” with few sellers lined up.

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Bitcoin slides under $35K despite Biden unveiling $1.9 trillion stimulus

DIGIT — Fri, 15 Jan 2021 16:21:04 +0000

Positive reactions to a $1.9 trillion stimulus package combines to squash Bitcoin’s bullish sentiment.

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Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top

DIGIT — Tue, 15 Sep 2020 02:34:44 +0000

According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for […]

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