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Investors are now puzzled as to why Bitcoin hasn’t reacted positively to the declining DXY and what could be the next factor ...
At the start of the year, CoinDesk research indicated that the Dollar index (DXY) a measure of the U.S. dollar’s strength against a basket of major trading partners was mirroring its trajectory ...
In recent months, the US dollar has faced a notable downturn, with the DXY trading at 99.72. This level hasn't been seen since July 2023, reflecting the ongoing challenges the dollar faces in the ...
DXY remains near a 3-year low, rattled by Trump’s attacks on Fed Chair Powell and mounting political uncertainty. IMF cuts U.S. 2025 growth forecast to 1.8%, citing tariffs as a key drag on ...
The Dollar Index (DXY) dipping below 100 has historically aligned with Bitcoin (BTC) bull runs, delivering gains of over 500% during the last two instances. Now, as trade tensions escalate and US ...
At 11:18 GMT, the U.S. Dollar Index is trading 104.482, up 0.203 or +0.19%. The DXY is currently trading within a retracement zone between 105.167 and 103.984. A move above the 200-day moving ...
The U.S. dollar index (DXY) fell on Thursday as general risk aversion following President Donald Trump’s sweeping new reciprocal tariffs drove investors toward other safe-haven assets like the ...
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar amid higher US Dollar Index (DXY) and strong economic data supporting the greenback, an analyst said. At 8 am, the ringgit ...