Here are the highlights of the developments OF CRYPTO AND USA :
š¹ The US dollar continues to crush all currencies, metals, and indices with a strength unprecedented in 2023.
š¹ This strength for the dollar follows a statement by a member of the US Federal Reserve, Bowman, yesterday, confirming that the Fed will move towards raising interest rates again this year.
š¹ This caused gold to bleed and fall near the psychological barrier at the 1800 levels.
š¹ The Reserve Bank of Australia, as expected, maintains interest rates at 4.10%, which is negative for the Australian dollar.
š“ Job Openings and Labor Turnover Survey (JOLTS) released:
š Previous: 8.920M š Estimate: 8.800M āļø Current: 9.610M
Result: Positive impact on the US dollar.
š¢ Update on the Ripple XRP case against the US SEC as of October 3, 2023.
š„JPMorgan warns:
The rise in bond yields in this manner could lead to a global financial crisis.