Dollar hits 18-month high as Fed's Hammack backs more tightening
The dollar index hit an 18-month high as an energy truce faltered and Fed's Hammack called for higher rates, while EUR/GBP fell to a fresh yearly low.
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The dollar index hit an 18-month high as an energy truce faltered and Fed's Hammack called for higher rates, while EUR/GBP fell to a fresh yearly low.
The dollar logged a fourth weekly gain but trimmed it on Friday as Fed pause bets lifted the Aussie, while the Canadian dollar fell on a jobs miss.
EUR/USD gave back early gains as the dollar rebounded and French debt worries lingered, while US consumer sentiment slid to 46.3 in October.
The dollar eased and the yen gained as Trump ruled out Iran strikes before the midterms, while US yields fell to 5.22% and the euro held above 1.1200.
EUR/USD steadied as US Treasury yields eased from multi-decade highs, while the ECB account fed rate-hike talk and Paris faced pressure over its 2027 budget.
Fed minutes showed most officials see another hike by year end, lifting the dollar to a near 18-month high as gold slid and Iran strike risk returned.
Bitcoin fell 1.49% to $82,345 as oil rose on Ukraine and Iran strikes, Solana and XRP lost 3.5%, and traders turned to this week's US CPI data.
Bitcoin rose 1.06% to $83,776 as Fear & Greed climbed to 69, while October ETF outflows reached $386.3 million and Ledger's tampering case spread to Europe.
Bitcoin held near $83,200, up 0.3% in 24 hours, as Ledger confirmed an unauthorized hardware implant and the CFTC moved to separate prediction markets from gambling.
Bitcoin rose 0.48% to $82,948 in a quiet session as a French committee backed a stablecoin swap tax and the XRP Ledger patched a decade-old bug.
Bitcoin traded at $82,905, flat over 24 hours, as CoinDesk looked back at the 10/10 flash crash a year on and Cardano led large caps with an 8.5% gain.
Bitcoin traded at $82,484, up 0.81% in 24 hours, as the US Treasury flagged $1 billion in Iran-linked crypto seizures and Tether faced fresh scrutiny.