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3232Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
https://www.digit.info/strong-us-dollar-posts-5-week-high-markets-price-in-a-75-bps-fed-rate-hike-for-june/
Fri, 06 May 2022 16:30:10 +0000https://www.digit.info/2022/05/06/strong-us-dollar-posts-5-week-high-markets-price-in-a-75-bps-fed-rate-hike-for-june/Read more]]>While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point rate hike on Wednesday. Greenback Climbs Higher Amid Economic Uncertainty […]
]]>Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
https://www.digit.info/bitcoin-ethereum-technical-analysis-btc-falls-to-2-month-low-following-the-latest-nfp-report/
Fri, 06 May 2022 13:41:51 +0000https://www.digit.info/2022/05/06/bitcoin-ethereum-technical-analysis-btc-falls-to-2-month-low-following-the-latest-nfp-report/Read more]]>Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news, hitting a six-week low. Bitcoin Bitcoin fell by […]