On the U.S. Dollar front (DXY), the recent increase in U.S. interest rates have helped move USD higher, but the January reversal appears to be stalling as the Fed’s campaign of hawkish rhetoric begins to subside and the market moves out expected interest rate cuts to start sometime into Q2 of this year.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/markets/2024/02/09/vibe-check-momentum-building-coindesk-indices-todd-groth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- and
- appears
- AS
- BE
- begins
- Building
- but
- Campaign
- check
- Coindesk
- cuts
- Dollar
- Dxy
- expected
- front
- Have
- Hawkish
- helped
- higher
- HTTPS
- images
- in
- Increase
- Indices
- interest
- INTEREST RATE
- Interest Rates
- into
- January
- jpg
- Market
- market moves
- Momentum
- move
- moves
- of
- out
- plato
- Plato Data Intelligence
- PlatoData
- Q2
- Rate
- Rates
- recent
- Reversal
- s
- stalling
- start
- The
- this
- this year
- to
- todd
- u.s.
- u.s. dollar
- USD
- Vibe
- year
- zephyrnet
More from CoinDesk
CME on the Cusp of Replacing Binance as Top Bitcoin Futures Exchange
Source Node: 2355955
Time Stamp: Oct 30, 2023
Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move
Source Node: 2404265
Time Stamp: Nov 29, 2023
DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto
Source Node: 2004430
Time Stamp: Mar 11, 2023
FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says
Source Node: 2302112
Time Stamp: Sep 30, 2023
AERO Surges 77% After CB Ventures Invests In Aerodrome Finance
Source Node: 2497428
Time Stamp: Feb 27, 2024
Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
Source Node: 1680441
Time Stamp: Sep 22, 2022
Bitcoin and Stocks Took a Gut Punch; the Builders Hardly Noticed
Source Node: 1724527
Time Stamp: Oct 16, 2022
Bitcoin Rebounds Above $22K After Tepid Inflation Readings
Source Node: 1957885
Time Stamp: Feb 14, 2023
2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud
Source Node: 1879105
Time Stamp: Jan 6, 2023
Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global
Source Node: 1703222
Time Stamp: Sep 28, 2022