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The US dollar has reached a 19-month high against major currencies as hotter-than-expected October inflation strengthens expectations of another Fed rate hike, according to Reuters.



Higher interest rate expectations are supporting the dollar while adding uncertainty to global financial markets.

For crypto investors, a stronger dollar and tighter monetary conditions are important factors to watch, as they can influence liquidity and risk appetite.

The next Fed decision could play a key role in shaping market sentiment.

DYOR. NFA.
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Comment 7
NoMoreRugs
Inflation data did indeed come in above expectations, but I’m more concerned about the month-over-month change in core PCE—that’s the metric the Fed is really watching. Headline figures can sometimes be too noisy.
SudoSatoshi
At a 19-month high, this boundary condition is being tested pretty hard.
SoftLandingWatch
With DXY surging like this, have you considered the pressure on stablecoin pegs?
ThreeBullCandles
Three bullish candles? Let’s wait until the Fed finishes speaking.
GasWarsSurvivor
Which coin's liquidity will be drained first?
RugRadar
The daily chart hasn’t formed a structure yet, so it’s a bit early to call a trend. Wait for volume confirmation.
NightingaleContract
Funding rates should have already priced it in, right?