Dollar hits 19-month high as Fed hike bets lift USD/JPY above 159
The dollar hit a 19-month high on Fed hike bets, the ECB fixing put USD/JPY at 159.23, and BoE's Greene backed proactive tightening against wage risks.
Real-time prices, broker intelligence and a daily read of the world's largest financial market — distilled, set in clean type, and stripped of noise.
Real-time multi-asset charts, alerts and a 60M+ trader community. Sync watchlists across devices.
The dollar hit a 19-month high on Fed hike bets, the ECB fixing put USD/JPY at 159.23, and BoE's Greene backed proactive tightening against wage risks.
The dollar rose across the majors as 50 bp Fed hike fears hit global bonds, pushing USD/JPY toward 159 while US bond markets shut for Veterans Day.
Fed's Bowman and Schmid backed more tightening after hot US CPI, a soft 10-year auction cleared at 5.02%, and Japan's Tankan hit a five-year high.
US October CPI beat forecasts with 0.4% headline and 0.3% core, Treasury yields spiked, and Fed hike bets firmed as Waller floated a 50 bp December move.
Australian sentiment and business surveys hit multi-year lows as China imports jumped 41.6%, while forex traders turned to US CPI and the Fed's December path.
The dollar gave back part of its post-payrolls rally as the NZ dollar rose after an election, while traders turned to US CPI and a heavy Treasury auction week.
Bitcoin traded at $73,774 as MSCI confirmed Strategy's index removal and Decrypt flagged a $14.2 billion stablecoin drain. Fear & Greed fell to 28.
Bitcoin rose 1.7% to $74,188 as US ETF outflows ran a fourth day and rate-hike odds hit about 90%. Fear & Greed slipped to 29 from 32.
Bitcoin traded at $73,373, down 2.4% in 24 hours, as Fear & Greed slipped to 29 and Goldman, Citi and BBVA backed a $270 million bank stablecoin venture.
Bitcoin fell 3.01% to $72,795 after October US CPI rose 0.4%, above forecasts, while Ether lost 5.52% and traders priced in a December Fed rate hike.
Bitcoin fell 0.53% to $74,611 ahead of US October inflation data, while Ether lost 1.27% and the Fear & Greed Index rose to 32 from 29.
Bitcoin traded at $74,994 after bouncing from an 11-week low near $73,500, while Ether fell 4.28% and NYSE picked Avalanche for tokenized stock settlement.