-
US dollar holds near 3-week high before CPI; bitcoin eases back from record peak
The dollar hovered near a three-week high versus major peers on Tuesday as traders awaited the release of U.S. inflation data later in the day that could provide clues on the path for monetary policy. The U.S. currency was also buoyed by elevated Treasury yields, with investors weighing a potential exit of Jerome Powell from the Federal Reserve as President Donald Trump continued his criticism of the central bank chairman. Currencies showed little reaction to data showing China’s economy grew 5.2% last quarter, slightly topping analysts’ forecasts.Bitcoin drifted further from Monday’s all-time peak of ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From thisismoney.co.uk|Jul 15, 2025Bitcoin climbed above $120,000 to a record high yesterday as investors piled into the world’s biggest cryptocurrency. The digital coin rose as high as $123,200 –more than double ...
From cnbc.com|Jul 15, 2025|11 commentsJune’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data, especially whether tariffs are starting to have an ...
From cnbc.com|Jul 14, 2025China’s economy grew at a slower clip in the second quarter, as trade tensions with the U.S. rattled an economy already mired in deflation and a years-long housing downturn, ...
-
- Newer Stories
From dw.com|Jul 15, 2025|2 commentsThe odds of a breakthrough to resolve trade frictions at next week’s EU-China summit in Beijing appear slim after China cut the planned two-day talks to a single day. The summit, ...
From dailyforex.com|Jul 15, 2025Bitcoin is moving down faster than it came up, suggesting that sellers are in control now, as the price continues to print lower resistance levels while slicing through former ...
From @LiveSquawk|Jul 15, 2025|4 commentsUS Trsy Sec Bessent: He Hasn’t Looked At Inflation Number But ‘Wouldn't Put Too Much Emphasis On One Inflation Number’ - BBGTV US Treasury Secretary Bessent: Trump said many times he's not going to fire Powell. US Treasury Secretary Bessent: There are a lot of good candidates in and outside of the Fed. Successor pick will happen at Trump's speed. US Treasury Secretary Bessent: I am part of decision making process on Fed chair. BESSENT: I SAID APR. 2 TARIFFS WERE CEILING IF GOOD-FAITH TALKS
