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2024-05-03

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The euro fell to a 20-year low against the U.S. dollar on Monday and was close to parity, as markets worried that the energy crisis would plunge the euro zone into recession, while the U.S. dollar gained on expectations that the Federal Reserve would raise interest rates faster a - DayDayNews
Ark Investment analyst Yassine Elmandjra wrote an article on the 4th to share his latest views on the cryptocurrency market. He believes that Bitcoin may be approaching the bottom of another century, but the macro environment still seriously affects the prospects of Bitcoin. If t - DayDayNews
As of writing, the price of Bitcoin fell slightly by 0.3% to $21,035.20. Ki Young Ju, CEO of on-chain analysis platform Crypto Quant, posted on Twitter: Bitcoin will consolidate within a wide range. - DayDayNews
The unsatisfactory performance of the U.S. stock market, the continued surge in inflation, and the continued rise in interest rates have made Americans' views on the economy become more pessimistic. Everyone wants to know whether the U.S. economy is about to enter a recession? Fo - DayDayNews
July 6 news, according to the Wall Street Journal, as PC sales slow down and the cryptocurrency mining boom subsides, the market for some chips that have been in high demand in the past two years has begun to weaken. Semiconductor manufacturers such as Intel, NVIDIA, and Micron h - DayDayNews
Minutes of the U.S. Federal Reserve's latest policy meeting released on Wednesday showed that Fed officials discussed raising interest rates soon to combat overheating economic growth. - DayDayNews
Due to the implementation of the Federal Reserve's interest rate hike this month and the rise of risk assets such as the stock market, the US dollar has been suppressed by profit taking, and the RMB has fluctuated higher against the US dollar. It is expected to record a "second c - DayDayNews
CICC News, February 07: On Tuesday (February 7), as New Zealand raised its inflation forecast for the first quarter and two years, the New Zealand dollar jumped nearly 50 points against the US dollar in the short term, setting a new high since November 9 to 0.7367, an increase of - DayDayNews
It has almost become a consensus that a strong U.S. dollar cycle may plunge the economies of some countries into turmoil and even bring about economic crises in local regions and countries. - DayDayNews
Economists believe that the possibility of a recession in the United States has greatly increased, with the possibility of a recession in the next 12 months reaching 44%. The annual growth rate of the U.S. consumer price index climbed to a 40-year high of 8.6% in May this year, i - DayDayNews

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