PANews September 23—As markets bet that the Federal Reserve will raise rates further, the U.S. dollar against a basket of currencies rose to its highest level since late July. Last week, the Federal Reserve raised interest rates by 25 basis points and signaled that at least one more rate hike is expected this year. With market expectations for further hikes continuing to heat up, the dollar received support. During the afternoon session in Europe, energy prices rising again also boosted the dollar, and Brent crude returned to above $100 per barrel.
Because of the dollar’s safe-haven attributes and the fact that the United States is a net oil exporter, rising energy prices have typically been favorable for the dollar. However, as interest-rate expectations have become the dominant factor, the dollar’s sensitivity to oil-price fluctuations has declined. “The long-term strengthening trend of the dollar that we predicted earlier may finally be starting to show,” said Steve Englander, a strategist at Standard Chartered, in a report.
1、Binance invests $100 million to take a stake in Circle; both sides renew the 5-year USDC promotion agreement
2、Saudi Arabia restarts east-west oil pipelines to bypass the Strait of Hormuz, causing oil prices and gold to plunge
3、Peter Brandt: Ethereum’s long-term resistance level is $5,000; after a breakout, it could reach $8,600
4、Trump’s approval rating hits a new low; a U.S. senator calls for a thorough investigation into Trump’s son and Hunter Biden’s involvement in crypto businesses
5、Four ancient wallets with a decade-long history moved 1,971 bitcoins within two weeks
6、Hyperliquid open interest reaches $18 billion, setting a record high
7、In the past hour, the total liquidation amount across the entire network expanded to $238 million: long positions liquidated $230 million, and short positions liquidated $6.83 million.
8、“White-haired stock god” Serenity: Demand for laser module lasers continues to exceed supply, and NVIDIA Spectrum-6 demand is clearly increasing
9、Binance renames its funds account to a stock account. Crypto assets in the original account will be transferred to the spot account, to be carried out gradually starting on the 29th.
10、Musk discusses “bio-enhancement”: wanting to break through the bottleneck in human information transmission bandwidth
