#DollarFallsTo10WeekLow
#usd #Fed
đ” The US dollar just slipped to its weakest level in over two months.
$GPS ,$STAR ,$TUT
The Dollar Index fell to around 99.40, marking a third straight day of declines after softer US data on inflation, retail sales, and employment.
Rate expectations are shifting too. Markets now price roughly a 67% chance of a September Fed hold, up from below 50% a month ago.
For traders, the key signals are:
đ Weaker dollar
đ Softer rate expectations
đ„ Gold pushing higher
đ S&P 500 near record highs
đ Jackson Hole + Fed minutes ahead
But rising oil prices could bring inflation pressure back into focus.
Does a weaker dollar mean stronger risk appetite for crypto, or is it still too early?
#Crypto #Macro #Trading
#usd #Fed
đ” The US dollar just slipped to its weakest level in over two months.
$GPS ,$STAR ,$TUT
The Dollar Index fell to around 99.40, marking a third straight day of declines after softer US data on inflation, retail sales, and employment.
Rate expectations are shifting too. Markets now price roughly a 67% chance of a September Fed hold, up from below 50% a month ago.
For traders, the key signals are:
đ Weaker dollar
đ Softer rate expectations
đ„ Gold pushing higher
đ S&P 500 near record highs
đ Jackson Hole + Fed minutes ahead
But rising oil prices could bring inflation pressure back into focus.
Does a weaker dollar mean stronger risk appetite for crypto, or is it still too early?
#Crypto #Macro #Trading