Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
September 15, 2020
14 Central Banks, bearish double-top, Bitcoin, BTC, Central Bank, Chart Pattern, COVID-19, crypto assets, Dollar, Dollar Index, DXY, Economics, Economy, Fed, Federal Reserve, gold, Liquidity Swaps, Pimco, Precious Metals, stimulus, USD
Eddy
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According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for […]