What's the Latest on the Dollar, Gold and Bitcoin?

Over the last year, the US dollar index (DXY) has risen sharply. The US Federal Reserve's (FED) interest rate hike to rein in inflation has had a very bad impact on dollar-indexed investment instruments.

The DXY, which fell from $ 114.86 to $ 110 in recent days, managed to regain support from its parabolic uptrend. The dollar index, which is seen to rise to $ 113 as a result of this support, has again caused the fear on the markets to increase. If the dollar index exceeds the resistance of $ 114.86 in the coming days, it may cause financial markets and cryptocurrencies to collapse.

US Stock Exchanges Opened on Sale!

It is seen that the US stock markets opened on a sellers' note again today. Stock markets, which are at their lowest levels in the last 2 years, continue to collapse. US stock markets opened as follows:

• S&P 500: -0.54
• Nasdaq: -0,51%
• Dow Jones: -0,40%

What's the Latest on Bitcoin and Gold?

When we look at the leading cryptocurrency Bitcoin (BTC), it is seen that although there are sales in the financial markets, it continues to hold on to the support of 19 thousand dollars. BTC, which resisted seller pressures, did not experience a major collapse. Gold, on the other hand, started to lose value after being rejected from its downward trend in recent days. Ounce gold, which is still below $ 1,700, may experience steeper declines in the coming hours. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!