🚨BRUTAL: The dollar WRECKING BALL is back, and it's bad news for gold and Bitcoin.
Warsh's hawkish turn repriced September hike odds to nearly 50%, sending the DXY surging back to its 100-day moving average.
A stronger dollar means weaker dollar hedges. Gold is down 3.2% on its worst Jackson Hole day in a decade, and Bitcoin is still pinned near $78,000 after this week's dump.
$XAUT $BTC $XAG
Warsh's hawkish turn repriced September hike odds to nearly 50%, sending the DXY surging back to its 100-day moving average.
A stronger dollar means weaker dollar hedges. Gold is down 3.2% on its worst Jackson Hole day in a decade, and Bitcoin is still pinned near $78,000 after this week's dump.
$XAUT $BTC $XAG
