Weak US labor data, optimism spreads on US stocks, Bank of England pauses in dovish stance
According to Jinshi, the Bank of England has paused its dovish stance and may cut interest rates more than expected in the future. Weak US labor data weighed on the US dollar index and boosted US stocks. However, investors were reluctant to sell the US dollar aggressively before the CPI data was released.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 46,900 SOL transferred from Wintermute to an exchange, worth approximately $6.53 million
Data: 5,959 ETH transferred from one exchange to another, valued at approximately $18.09 million.
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
Trending news
MoreCrypto prices
More
